Advani Hotels & Resorts (India) logo

Advani Hotels & Resorts (India) CEO, MD, chairman, board of directors and AGM

NSE: ADVANIHOTRBSE: 523269Leisure ServicesSmall Cap

Formerly Ramada Hotels (I)
Last close ₹43.44down ₹3.19 (6.84%)BSE ₹43.82

Share price at the NSE close on 23 Oct 2026. Previous close ₹46.63.

52-week range of traded prices to 23 Oct 2026
₹43.00Low, 23 Oct 2026₹65.50High, 23 Jan 2026
Market cap
₹402 Cr1,850th largest listed
P/E
17.5
P/B
0.8
Dividend yield
4.14%
ROE
7.7%
ROCE
5.4%
Debt to equity
0.00
Volume, NSE
92,89975.6% delivered

Advani Hotels & Resorts (India) board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorSunder Gurdas AdvaniRelated to the promoter
  • Chief executivePrahlad Advani
  • Company Secretary and Compliance OfficerMilind Nigam

10 directors5 independent3 executive2 non-executive

  • Sunder Gurdas Advani · Chairperson and managing directorExecutive · joined Mar 1987 · reappointed Mar 2025 · 1 listed board · 1 committee seat
  • Haresh Gurdasmal AdvaniExecutive · joined Mar 1987 · reappointed Sep 2026 · 1 listed board · 1 committee seat
  • Prahlad Advani · Chief executiveExecutive · joined Aug 2014 · reappointed Sep 2026 · 1 listed board
  • Satyan Shivkumar IsraniIndependent · joined Nov 2023 · reappointed Nov 2023 · 34 months as independent · 3 listed boards · 3 as independent · 8 committee seats, 3 as chair
  • Vinay ChauhanIndependent · joined Aug 2024 · reappointed Aug 2024 · 25 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Nitin Anant KunkolienkerIndependent · joined Aug 2024 · reappointed Aug 2024 · 25 months as independent · 2 listed boards · 2 as independent · 1 committee seat
  • Ragini ChopraIndependent · joined Aug 2020 · reappointed Aug 2025 · 73 months as independent · 2 listed boards · 2 as independent · 1 committee seat
  • Menaka Sunder AdvaniNon-executive · joined Sep 1989 · 1 listed board · 2 committee seats, 1 as chair
  • Nina Haresh AdvaniNon-executive · joined Aug 2014 · 1 listed board · 1 committee seat
  • Anil HarishIndependent · joined Nov 2024 · reappointed Nov 2024 · 22 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • Adhiraj Anil Harish, left 9 Nov 2024: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 14 Aug 202610 of 10 present5 independent
    • 12 Jun 202610 of 10 present5 independent
    • 22 May 202610 of 10 present5 independent

  • Audit Committee

    Chair Anil Harish

    Nitin Anant Kunkolienker, Vinay Chauhan, Satyan Shivkumar Israni, Menaka Sunder Advani

    • 14 Aug 20265 of 5 present4 independent · 62 days in between
    • 12 Jun 20265 of 5 present4 independent · 19 days in between
    • 23 May 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Anil Harish

    Nitin Anant Kunkolienker, Ragini Chopra

    • 14 Aug 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair Menaka Sunder Advani

    Sunder Gurdas Advani, Haresh Gurdasmal Advani, Nina Haresh Advani, Anil Harish

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Menaka Sunder Advani

    Nina Haresh Advani, Nitin Anant Kunkolienker

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • J G VERMA & CO.Peer-review certificate valid to Jun 2028
2 earlier auditors
  • J.G Ver.ma & Co.Named in the filing for the quarter to Sep 2025
  • M/s. J. G. Verma & Co.Named in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Advani Hotels & Resorts (India) AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Advani Hotels & Resorts (India) dividend history

Annual general meeting, 22 Sep 2026

39,367 shareholders on the register on 15 Sep 2026; present: 9 promoters and 45 others; votes counted by CS AVINASH BAGUL / BNP & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Ordinary Resolution for adoption of the Standalone Audited Financial Statements of the Company for the financial year ended 31st March, 2026 together with the reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.40%

    Turnout: all 50.89% · promoters 100.00% · institutions 65.50% · other public 0.90%

  2. Ordinary Resolution for taking note of Interim Dividends paid for the financial year ended 31st March, 2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.40%

    Turnout: all 50.89% · promoters 100.00% · institutions 65.50% · other public 0.90%

  3. Ordinary Resolution for appointment of a director in place of Mr. Haresh G. Advani (DIN: 00001358), who retired by rotation and being eligible, offered himself for re-appointment as director of the Company.MoreLess
    Ordinary
    99.59% for0.41% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.89%

    Turnout: all 50.89% · promoters 100.00% · institutions 65.50% · other public 0.90%

  4. Ordinary Resolution for re-appointment of Mr. Prahlad S. Advani (DIN:06943762) as Whole Time Director and Chief Executive Officer of the Company.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.89%

    Turnout: all 50.89% · promoters 100.00% · institutions 65.50% · other public 0.90%

  5. Ordinary Resolution for approval of remuneration payable to Mr. Prahlad S. Advani, Whole Time Director and Chief Executive Officer of the Company.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.89%

    Turnout: all 50.89% · promoters 100.00% · institutions 65.50% · other public 0.90%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 28 Feb 2026, 2 resolutions

41,050 shareholders on the register on 23 Jan 2026; votes counted by Mr. B. Narasimhan / BN & Associates.The company's voting result (opens in a new tab)

  1. Approval for the remuneration payable to Mr. Prahlad S. Advani, Chief Executive Officer and Whole Time Director of the Company.
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.31%

    Turnout: all 50.59% · promoters 99.28% · institutions 65.50% · other public 1.01%

  2. Ratification of the payment of essential expenses incurred and / or reimbursements made for such essential expenses incurred by Mr. Prahlad S. Advani, Chief Executive Officer and Whole Time Director of the CompanyMoreLess
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.44%

    Turnout: all 50.59% · promoters 99.28% · institutions 65.50% · other public 1.01%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 10 Jan 2026, 1 resolution

40,798 shareholders on the register on 5 Dec 2026; votes counted by Avinash Bagul / BNP & Associates.The company's voting result (opens in a new tab)

  1. Approval for alteration of the Articles of Association of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.24%

    Turnout: all 50.80% · promoters 100.00% · institutions 65.50% · other public 0.70%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 29 Sep 2025, 5 resolutions

40,493 shareholders on the register on 19 Sep 2025; present: 7 promoters and 47 others; votes counted by CS Manish Baldeva / M Baldeva Associates.The company's voting result (opens in a new tab)

  1. Ordinary Resolutions for adoption of the Standalone Audited Financial Statements of the Company for the financial year ended 31st March, 2025 together with the reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 72.82% · promoters 94.36% · institutions 63.18% · other public 50.99%

  2. Ordinary Resolution for noting of Interim Dividends paid for the financial year ended 31st March, 2025.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 72.82% · promoters 94.36% · institutions 63.18% · other public 50.99%

  3. Ordinary Resolution for appointment of a director in place of Mrs. Nina H. Advani (DIN: 00017274), who retired by rotation and being eligible, offered herself for re-appointment as director of the Company.MoreLess
    Ordinary
    65.42% for34.58% against

    Against: promoters 0.00% · institutions 0.00% · other public 99.89%

    Turnout: all 72.82% · promoters 94.36% · institutions 63.18% · other public 50.99%

  4. Ordinary Resolution for appointment of M/s. BNP & Associates, Practicing Company Secretaries as Secretarial Auditors of the Company for a term of 5 (five) consecutive financial years with effect from financial year 2025-26 till financial year 2029-30.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 72.82% · promoters 94.36% · institutions 63.18% · other public 50.99%

  5. Special Resolution for approval of remuneration payable to Mr. Prahlad S. Advani, Whole Time Director & CEO of the Company for a period of 1 (one) year w.e.f. 1st August, 2025.
    SpecialNot passedRecorded as not passed although most votes were for it; no reason is givenPromoters have an interest in it
    65.42% for34.58% against

    Against: promoters 0.00% · institutions 0.00% · other public 99.89%

    Turnout: all 72.82% · promoters 94.36% · institutions 63.18% · other public 50.99%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 29 Aug 2025, 1 resolution

40,379 shareholders on the register on 22 Aug 2025; present: 10 promoters and 28 others; votes counted by Avinsah Bagul / BNP & Associates.The company's voting result (opens in a new tab)

  1. Re-appointment of Mrs. Ragini Chopra as an Independent Director of the Company for a second term of 5 (five) consecutive years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 47.62% · promoters 94.04% · institutions 65.48% · other public 0.34%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 20 Dec 2024, 4 resolutions

Present: 9 promoters and 51 others.The company's voting result (opens in a new tab)

  1. To re-appoint Mr. Sunder G. Advani as Chairman and Managing Director of the Company, for a period of 5 years commencing from March 1, 2025 upto and inclusive of February 28, 2030.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 50.93% · promoters 100.00% · institutions 68.54% · other public 0.87%

  2. To re-appoint Mr. Haresh G. Advani as an Executive Director of the Company for a period of five years from March 01, 2025 upto and inclusive of February 28, 2030.
    Special
    99.60% for0.40% against

    Against: promoters 0.00% · institutions 80.69% · other public 0.02%

    Turnout: all 50.93% · promoters 100.00% · institutions 68.54% · other public 0.87%

  3. To fix and approve the managerial remuneration payable to of Mr. Sunder G. Advani (DIN - 00001365) for the period of three years from March 1, 2025, to February 29, 2028, on his re-appointment as Chairman and Managing Director of the Company with effect from March 1, 2025.MoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 50.93% · promoters 100.00% · institutions 68.54% · other public 0.87%

  4. To fix and approve the managerial remuneration payable to of Mr. Haresh G. Advani (DIN - 00001358) as Executive Director, for the period of three years from March 1, 2025, to February 29, 2028, on his re-appointment as Executive Director of the Company with effect from March 1, 2025.MoreLess
    Special
    99.60% for0.40% against

    Against: promoters 0.00% · institutions 80.69% · other public 0.02%

    Turnout: all 50.93% · promoters 100.00% · institutions 68.54% · other public 0.87%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 20 Sep 2024, 6 resolutions

Present: 9 promoters and 60 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2024, together with reports of the Board of Directors and Auditors thereon and in this regard, if thought fit, pass the proposed resolution.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 50.22% · promoters 98.82% · institutions 70.09% · other public 0.65%

  2. To take note of interim dividends paid for the Financial Year ended March 31, 2024, and in this regard, if thought fit, pass the proposed resolution.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 50.22% · promoters 98.82% · institutions 70.09% · other public 0.65%

  3. To appoint a director in place of Mr. Prahlad S. Advani (DIN: 06943762), who retires by rotation and being eligible, offers himself for re-appointment as Director of the Company and in this regard, if thought fit, pass the proposed resolution.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 50.22% · promoters 98.82% · institutions 70.09% · other public 0.65%

  4. To appoint Mr. Vinay Chauhan as an Independent Director of the Company and in this regard, if thought fit, pass the proposed Resolution.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 50.22% · promoters 98.82% · institutions 70.09% · other public 0.65%

  5. To appoint Mr. Nitin Kunkolienker as an Independent Director and in this regard, if thought fit, pass the proposed Resolution.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 50.22% · promoters 98.82% · institutions 70.09% · other public 0.65%

  6. To appoint Mr. Anil Harish as an Independent Director and in this regard, if thought fit, pass the proposed Resolution.
    Special
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 19.31% · other public 0.02%

    Turnout: all 50.22% · promoters 98.82% · institutions 70.09% · other public 0.65%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 8 Mar 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Approval of issue of Bonus Shares to the Shareholders of the Company
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 50.57% · promoters 100.00% · institutions 55.34% · other public 0.29%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 20 Dec 2024, 1 fund house

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To re-appoint Mr. Haresh G. Advani as an Executive Director of the Company for a period of five years from March 01, 2025 upto and inclusive of February 28, 2030.
    1 for0 against
3 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 3, as a fund house numbered it
    1 for0 against
  • Item 4, as a fund house numbered it
    1 for0 against

Mutual fund votes, meeting of 20 Sep 2024, 1 fund house

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To appoint a director in place of Mr. Prahlad S. Advani (DIN: 06943762), who retires by rotation and being eligible, offers himself for re-appointment as Director of the Company and in this regard, if thought fit, pass the proposed resolution.MoreLess
    1 for0 against
  • To appoint Mr. Vinay Chauhan as an Independent Director of the Company and in this regard, if thought fit, pass the proposed Resolution.
    1 for0 against
  • To appoint Mr. Nitin Kunkolienker as an Independent Director and in this regard, if thought fit, pass the proposed Resolution.
    1 for0 against
  • To appoint Mr. Anil Harish as an Independent Director and in this regard, if thought fit, pass the proposed Resolution.
    Against Taurus Mutual Fund
    • Taurus Mutual FundAnil Harish, 71 is partner at D. M. Harish & Co., Advocates. His practice includes property, taxation, exchange control and succession. He is former Vice – President, Society of Indian Law Firms. He holds a B.A. and LL.B. from Mumbai University and LL.M. from the University of Miami. Anil Harish currently serves on the board of three listed companies. After his appointment as independent director from 14 November 2024, he will be on the board of four listed companies (including Advani Hotels & Resorts (India) Limited). Given their full-time responsibilities, regulations allow whole-time directors of listed companies to be independent directors in a maximum of three listed companies. We believe that, as Partner, his responsibilities are equivalent to a whole-time directorship. Therefore, his high number of directorships on listed companies is not in keeping with the spirit of the regulation. Hence, we do not support the resolution.
    0 for1 against
2 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.