Emerald Leisures Holds 92nd Annual General Meeting via Video Conferencing
Emerald Leisures Ltd conducted its 92nd Annual General Meeting (AGM) on Thursday, July 23, 2026. The meeting was held through Video Conferencing (VC)/Other Audio-Visual Means (OAVM).The meeting commenced at 11:30 a.m. and concluded at 12:00 p.m. Mr. Jaydeep Vinod Mehta chaired the proceedings, which included remarks on key trends in the Hotel Industry, the company's performance during FY 2025-26, and future growth plans in both the hotel and real estate sectors.
Attendees at the meeting through video conferencing or audio-visual means included a total of 24 members who held 48,20,009 equity shares. The meeting was attended by several Directors and invited experts.
Meeting Participants and Board Composition
The following individuals were present as directors and invitees:| Sr.no. | Name | Designation |
|---|---|---|
| 1. | Mr. Jaydeep Vinod Mehta | Executive Director, Chairman |
| 2. | Mrs. Dhwani Mehta | Non-Executive Women Director |
| 3. | Mr. Rajesh Motilal Loya | Whole Time Director & CFO |
| 4. | Mr. Aniruddha Joshi | Non-Executive Independent Director |
| 5. | Mr. Vaibhav Agarwal | Non-Executive Independent Director |
| 6. | Mr. Kapil M Purohit | Company Secretary |
The company also featured invited experts, including statutory and secretarial auditors:
| Sr. No. | Name | Designation |
|---|---|---|
| 1. | Mr. Devdatta Mainkar (M/s PG Bhagwat LLP) | Statutory Auditor |
| 2. | Ms. Zankhana Bhansali (M/s Zankhana Bhansali & Associates) | Secretarial Auditor cum Scrutinizer |
Key Business Transacted at the AGM
The proceedings of the AGM were taken as read, and the reports from the Statutory Auditor and Secretarial Auditor for the financial year ended March 31, 2026, were reviewed. No adverse remarks or qualifications were noted in the auditors' reports.Business was conducted through remote e-voting, covering both Ordinary and Special resolutions based on the notice dated July 1, 2026.
Key operational and financial matters addressed during the meeting included:
Ordinary Business
- Review and adoption of the audited standalone financial statements for the year ended March 31, 2026, along with Board and Auditor Reports.
- Consideration and adoption of the audited consolidated financial statements for the year ended March 31, 2026, including the Auditors' report.
- Resolutions regarding the re-appointment of directors Mr. Nikhil Vinod Mehta (DIN:00252482) and Mr. Jashwant Bhaichand Mehta (DIN: 00235845).
Special Business
The following special resolutions were put forth for approval by members via e-voting:- Approval of Material Related Party Transactions up to Rs. 100 Crores.
- Issue of Secured/Unsecured Redeemable Non-Convertible Debentures on a Private Placement Basis.
- Alteration of the Articles of Association of the Company.
Members were given an opportunity to ask questions, which were responded to by the Chairman. Following the conclusion of the e-voting process, the meeting was declared concluded by the Company Secretary.
Stock Price Movement
Shares of Emerald Leisures Ltd. finished the day down 3.37%, settling at ₹162.10 in post-market trading.Throughout the session, shares traded within an intraday range that spanned from a low of ₹162.05 up to a high of ₹167.75.
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