Submission of the Voting Result and Scrutinizers Report of Postal Ballot pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
SAYAJIHOTL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Sayaji Hotels Ltd has announced the results of a postal ballot where shareholders approved the appointment of Mr. Kayum Razak Dhanani as a Non-Executive Non-Independent Director. The resolution was passed as an Ordinary Resolution with 100% votes in favour out of 6,185,270 votes polled, representing 35.3% of total shares. Only 3 dissenting votes were recorded from public non-institutional shareholders. The scrutinizer's report confirms the e-voting process was conducted fairly and transparently through CDSL between March 7 and April 6, 2026. Notably, the company disclosed that the promoter/promoter group are interested in this resolution, indicating Mr. Dhanani may be connected to the promoter family.
The appointment adds a new director with potential promoter family ties to the board. While the near-unanimous approval suggests shareholder support, the promoter interest disclosure warrants attention for related party governance considerations.