TGB Banquets And Hotels Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
TGBHOTELS · price
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TGB Banquets And Hotels Limited submitted its standalone unaudited financial results for the quarter ended June 30, 2025 (Q1 FY26) to the exchanges. The results were approved at a board meeting held on August 13, 2025, and reviewed by statutory auditors Prakash Tekwani & Associates, who issued an unqualified review report with no observations. Alongside the results, the board approved the re-appointment of all three Somani brothers – Narendra G. Somani as Managing Director & Chairman (3 years), and Devanand G. Somani and Hemant G. Somani as Whole-Time Directors (5 years each). The board also re-appointed Mrs. Jasmin Jaykumar Doshi as an Independent Woman Director for a second 5-year term and appointed M/s. Umesh Ved & Associates as Secretarial Auditor for 5 years. An amended Insider Trading Policy was also adopted. The company operates in a single segment (hospitality and banqueting).
No negative surprises from the auditor's clean review report, which is positive for sentiment. The re-appointment of the promoter-family directors (Somani brothers) signals continuity in leadership but also confirms the company remains promoter-driven with limited independent change at the top.