Intimation under Regulation 30 of the SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sayaji Hotels (Indore) Ltd has appointed two new Independent Directors on its Board, approved by shareholders through a postal ballot. Mr. Saquib Salim Agboatwala, a Chartered Accountant with prior experience at Ernst & Young, ACWA Power, and Heidelberg Middle East, has been appointed as Non-Executive Independent Director. Mrs. Preeti Gupta, a qualified Company Secretary and Fellow Member of ICSI, has been appointed as Non-Executive Woman Independent Director. Both appointments are effective April 22, 2025, for a five-year term ending January 25, 2030. Neither director is related to existing promoters or KMPs, and neither is debarred by SEBI from holding a directorship.
The addition of two independent directors strengthens board composition and brings in finance and corporate governance expertise. This is a routine governance update with no direct material impact on the stock price, though it improves compliance with independent director requirements.