Intimation of the Voting results of Postal Ballot pursuant to Regulation 44 of SEBI (Listing Obligation and Disclosures Requirements) Regulations, 2015.
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Sayaji Hotels (Indore) Limited conducted a Postal Ballot via e-voting from 16th September to 16th October 2025, in which all three resolutions were passed. Resolution 1, a Special Resolution to amend the Articles of Association, was passed with 100% votes in favour (1,671,583 votes polled, 54.87% of outstanding shares). Resolution 2 appointed Mr. Karan Singh Chhabra (DIN: 03507674) as a Non-Executive Non-Independent Director, and Resolution 3 appointed Mrs. Riya Chhabra (DIN: 02489228) as a Non-Executive Non-Independent Director — both as Ordinary Resolutions. For the director appointments, promoter group votes totalling 14,06,000 were treated as invalid due to their interested status, leaving only public shareholders' votes (2,65,583) to decide. Out of 2,715 total shareholders on record date, participation was moderate. Scrutinizer Mr. Neelesh Gupta confirmed all resolutions passed on 17th October 2025.
Two new directors from the promoter family (Chhabra) have been formally appointed, which strengthens the promoter group's representation on the board. The Articles of Association have been amended, which may reflect governance or capital-related changes worth reviewing in detail. Shareholders should check the amended AoA to understand any new powers or restrictions introduced.