Announced Fri, 23 May · 17:05 IST

Intimation regarding appointment of Secretarial Auditor of the Company

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AI summary

Sayaji Hotels (Indore) Ltd has appointed Mr. Anuj Nema, a Practicing Company Secretary (Membership No. A39389), as its Secretarial Auditor for a five-year term. The appointment starts from the conclusion of the 7th Annual General Meeting and runs until the conclusion of the 12th AGM in 2030. The decision was taken at the Board Meeting held on 23rd May 2025 and is subject to shareholder approval at the upcoming AGM. Mr. Nema brings over a decade of experience in corporate governance, compliance management, and secretarial auditing. This appointment is made under Section 204 of the Companies Act, 2013 and Regulation 24A of SEBI's Listing Regulations.

Likely market impact

This is a routine regulatory compliance appointment with no direct impact on the company's financials or stock price. Shareholders will get to vote on the appointment at the upcoming AGM.