TGB Banquets And Hotels Limited has informed the Exchange regarding Board meeting held on August 13, 2025.
TGBHOTELS · price
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Awaiting price reaction for this filing.
TGB Banquets and Hotels' board met on August 13, 2025 and approved the unaudited standalone financial results for the quarter ended June 30, 2025, along with the limited review report from statutory auditor Prakash Tekwani & Associates, which was clean with no qualifications or material misstatements flagged. The board also approved the re-appointment of three promoter family directors — Narendra Somani as Managing Director and Chairman for 3 years, Devanand Somani and Hemant Somani as Whole Time Directors for 5 years each — subject to shareholder approval. Additionally, Jasmin Doshi was re-appointed as Independent Woman Director for a second 5-year term, M/s. Umesh Ved & Associates was appointed as the new Secretarial Auditor for FY2025-26 to FY2029-30, and an amended Insider Trading and Fair Disclosure Policy was adopted. Detailed financial figures (revenue, PAT, margins) were not visible in the document text provided.
Routine board-meeting disclosures with a clean auditor review are neutral for the stock. The re-appointments of the three promoter Somani brothers and a new long-term secretarial auditor signal continuity in management rather than any change in strategy. Investors should look for the actual Q1 revenue and profit numbers in the detailed results table for the real performance read.