TGB Banquets And Hotels Limited has informed the Exchange regarding Appointment of M/s. Umesh Ved & Associates, Secretarial Auditor as Other of the company w.e.f. August 13, 2025.
TGBHOTELS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of TGB Banquets and Hotels met on August 13, 2025 and approved standalone unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). The Board also re-appointed Mr. Narendra G. Somani as Managing Director and Chairman for 3 years from October 1, 2025, and re-appointed brothers Mr. Devanand G. Somani and Mr. Hemant G. Somani as Whole-Time Directors for 5 years from January 26, 2026. Mrs. Jasmin Jaykumar Doshi was re-appointed as Non-Executive Independent Woman Director for a second 5-year term from November 9, 2025. Additionally, M/s. Umesh Ved & Associates was appointed as Secretarial Auditor for 5 years (FY 2025-26 to 2029-30), and the Insider Trading Policy was amended. All re-appointments are subject to shareholder approval at the upcoming AGM.
The re-appointments signal continuity in leadership, with the three Somani brothers retaining key executive positions — indicating stable promoter family control. The new independent woman director and secretarial auditor strengthen governance compliance. Investors should await the Q1 FY26 results for actual financial performance.