SAMHI Hotels files 16th AGM proceedings, board seeks Rs 750 cr fundraise
SAMHI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SAMHI Hotels filed proceedings of its 16th AGM held on August 31, 2026 via video conferencing, after a one-day delay in submission which the company termed inadvertent and apologized for. Key items voted on include adoption of FY26 audited financial statements, re-appointment of director Manav Thadani, increase in authorized share capital, and a Special Resolution to raise up to Rs 750 crore through equity shares or convertible securities. Remuneration for Non-Executive Independent Directors was also approved.
A fundraise of up to Rs 750 cr via equity may dilute existing shareholders. The one-day AGM filing delay was flagged by BSE but is procedural, not material.