U.P. Hotels 65th AGM: Both resolutions passed with over 99.6% approval
UPHOT · price
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U.P. Hotels held its 65th AGM on 29 Sept 2026 via video conferencing. Two resolutions were passed: (1) adoption of FY26 financial statements and Board's Report with 99.63 percent in favour, and (2) appointment of Mrs. Supriya Gupta (DIN-00009188) as director liable to retire by rotation, also with 99.63 percent in favour. 35 shareholders attended (7 promoters, 28 public) out of 1,262 on record date. Promoter voting remains restricted to 39.41 percent of holdings due to a 2013 SEBI order on minimum public shareholding non-compliance. Scrutinizer Deepak Bansal confirmed both resolutions passed with requisite majority.
Both resolutions comfortably passed, no material change expected. Note ongoing SEBI restriction on promoter voting from minimum public shareholding shortfall.