INDHOTELBSEIndian Hotels Company LtdMediumNeutral
Announced Mon, 11 May · 18:39 IST

Please find enclosed the letter for the re-appointment of Independent Director of the Company.

Management Changes View source PDF

INDHOTEL · price

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Price reaction · full curve 14 horizons · vs prior close
-4.2%1-day move
₹664.80
prior close
₹674.15
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.4-2.9-3.2-3.6-4.2-2.2-1.5-2.7-2.2-1.1-1.6+2.2+11.1
Up moveDown movePending
AI summary

Indian Hotels Company (BSE: 500850, NSE: INDHOTEL) has announced the re-appointment of Mr. Anupam Narayan as an Independent Director for a second term. The appointment, approved by the Board based on the Nomination and Remuneration Committee's recommendation, will run from August 23, 2026 to December 16, 2028. The appointment is subject to shareholder approval at the next general meeting. Mr. Narayan has confirmed he meets the independence criteria under Section 149 of the Companies Act, 2013 and Regulation 16 of the SEBI Listing Regulations. He is not related to any directors of the Company and is not debarred from holding the office.

Likely market impact

The re-appointment maintains continuity in board oversight and governance. Mr. Narayan brings 40 years of strategic and hospitality industry experience, which is positive for shareholder confidence in the company's governance structure.