EIH Associated Hotels logo

EIH Associated Hotels MD, chairman, board of directors and AGM

NSE: EIHAHOTELSBSE: 523127Leisure ServicesSmall Cap

Formerly Oberoi Associated Hotels
Last close ₹277.95down ₹10.00 (3.47%)BSE ₹277.75

Share price at the NSE close on 23 Oct 2026. Previous close ₹287.95.

52-week range of traded prices to 23 Oct 2026
₹266.65Low, 30 Mar 2026₹393.80High, 23 Oct 2025
Market cap
₹1,694 Cr1,169th largest listed
P/E
19.3
P/B
2.8
Dividend yield
1.26%
ROE
15.4%
ROCE
16.6%
Debt to equity
0.00
Volume, NSE
20,60958.0% delivered

EIH Associated Hotels board of directors

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

  • Managing directorVIKRAMJIT SINGH OBEROI
  • ChairpersonARJUN SINGH OBEROI
  • Company Secretary and Compliance OfficerTejasvi Dixit

7 directors4 independent1 executive2 non-executive

  • VIKRAMJIT SINGH OBEROI · Managing directorExecutive · joined Jun 2010 · reappointed Jun 2025 · 2 listed boards · 2 committee seats
  • ARJUN SINGH OBEROI · ChairpersonNon-executive · joined Mar 2023 · 2 listed boards · 3 committee seats, 1 as chair
  • AKSHAY RAJAN RAHEJANon-executive · joined May 2015 · 5 listed boards · 2 committee seats
  • SURIN SHAILESH KAPADIAIndependent · joined Aug 2016 · reappointed Aug 2021 · 119 months as independent · 3 listed boards · 3 as independent · 5 committee seats, 4 as chair
  • AMEETA AZIZ PARPIAIndependent · joined May 2024 · reappointed May 2024 · 25 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 1 as chair
  • SANDEEP KUMAR BARASIAIndependent · joined Apr 2025 · reappointed Apr 2025 · 15 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
  • ATUL HIRALAL SHAHIndependent · joined Jun 2026 · reappointed Jun 2026 · 1 month as independent · 1 listed board · 1 as independent

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
  • RADHIKA VIJAY HARIBHAKTI, left 21 May 2025: Tenure Completion

Committees and meetings

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

  • Board

    • 15 Jun 20266 of 6 present3 independent · 23 days in between
    • 22 May 20266 of 6 present3 independent · 59 days in between
    • 23 Mar 20266 of 6 present3 independent · 11 days in between
    • 11 Mar 20265 of 6 present3 independent · 29 days in between
    1 earlier meeting
    • 9 Feb 20266 of 6 present3 independent

  • Audit Committee

    Chair SURIN SHAILESH KAPADIA

    SANDEEP KUMAR BARASIA, AKSHAY RAJAN RAHEJA, AMEETA AZIZ PARPIA

    • 21 May 20264 of 4 present3 independent · 12 days in between
    • 8 May 20263 of 4 present3 independent · 57 days in between
    • 23 Mar 20264 of 4 present3 independent · 41 days in between
    • 9 Feb 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair SURIN SHAILESH KAPADIA

    ARJUN SINGH OBEROI, AMEETA AZIZ PARPIA

    • 15 Jun 20263 of 3 present2 independent · 24 days in between
    • 21 May 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair ARJUN SINGH OBEROI

    SURIN SHAILESH KAPADIA, VIKRAMJIT SINGH OBEROI

    • 23 Mar 20263 of 3 present1 independent

  • Risk Management Committee

    Chair SURIN SHAILESH KAPADIA

    VIKRAMJIT SINGH OBEROI, ARJUN SINGH OBEROI, AMEETA AZIZ PARPIA, SAMIDH DAS

    • 11 Mar 20264 of 4 present2 independent

  • Corporate Social Responsibility Committee

    Chair ARJUN SINGH OBEROI

    VIKRAMJIT SINGH OBEROI, AMEETA AZIZ PARPIA

    • 21 May 20263 of 3 present1 independent

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 Jun 2026.

  • Deloitte Haskins & Sells LLPPeer-review certificate valid to Jul 2027

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.

EIH Associated Hotels 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.EIH Associated Hotels dividend history

Annual general meeting, 4 Aug 2026

26,274 shareholders on the register on 28 Jul 2026; present: 6 promoters and 32 others; votes counted by Arun Kumar Gupta / M/s Arun Gupta & Associates.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Financial Statement of the Company for the financial year ended 31st March 2026 and the reports of the Board of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 66.06% · promoters 70.09% · institutions 98.69% · other public 0.25%

  2. To declare a dividend on equity shares for the financial year ended 31st March 2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 66.06% · promoters 70.09% · institutions 98.69% · other public 0.25%

  3. To appoint a director in place of Mr. Arjun Singh Oberoi (DIN: 00052106), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.13% · other public 0.17%

    Turnout: all 66.06% · promoters 70.09% · institutions 98.69% · other public 0.25%

  4. Approval of the appointment of Mr. Atul Hiralal Shah (DIN: 02538052) as a Non- Executive Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 66.06% · promoters 70.09% · institutions 98.69% · other public 0.25%

  5. Approval of Material Related Party Transactions with EIH Limited.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 13.50% · promoters 0.00% · institutions 98.69% · other public 0.25%

  6. Payment of Commission to Non-Executive Independent Directors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.28%

    Turnout: all 66.06% · promoters 70.09% · institutions 98.69% · other public 0.25%

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, 4 Aug 2025, 6 resolutions

25,115 shareholders on the register on 28 Jul 2025; present: 6 promoters and 38 others; votes counted by Arun Kumar Gupta / M/s Arun Gupta & Associates.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statement of the Company for the Financial Year ended 31st March 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 14.45%

    Turnout: all 88.38% · promoters 99.78% · institutions 98.70% · other public 0.09%

  2. Declaration of dividend on equity shares for the Financial Year ended 31st March 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.39%

    Turnout: all 88.38% · promoters 99.78% · institutions 98.70% · other public 0.09%

  3. Re-appointment of Mr. Akshay Rajan Raheja as a Director of the Company, who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 15.91%

    Turnout: all 88.38% · promoters 99.78% · institutions 98.70% · other public 0.09%

  4. Approval of Material Related Party Transactions with EIH Limited
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.92%

    Turnout: all 13.54% · promoters 0.00% · institutions 98.70% · other public 0.09%

  5. Approval of re-appointment of Mr. Vikramjit Singh Oberoi as Managing Director of the Company for a period of five Years.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 15.83%

    Turnout: all 88.38% · promoters 99.78% · institutions 98.70% · other public 0.09%

  6. Appointment of M/s Chandrasekaran Associates, Practicing Company Secretaries as Secretarial Auditor of the Company and fix their remuneration.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.02%

    Turnout: all 88.38% · promoters 99.78% · institutions 98.70% · other public 0.09%

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, 15 May 2025, 1 resolution

24,919 shareholders on the register on 11 Apr 2025; votes counted by Arun Kumar Gupta / M/s Arun Gupta & Associates.The company's voting result (opens in a new tab)

  1. To approve appointment of Mr. Sandeep Kumar Barasia (DIN: 01432123) as Non – Executive Independent Director on the Board of the Company for a term of five (5) consecutive years with effect from 15th April 2025MoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.20%

    Turnout: all 66.15% · promoters 70.09% · institutions 98.82% · other public 0.45%

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, 5 Aug 2024, 6 resolutions

Present: 6 promoters and 35 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Financial Statement of the Company for the Financial Year ended 31st March 2024 and the reports of the Board of Directors and Auditors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.69%

    Turnout: all 88.44% · promoters 99.78% · institutions 98.46% · other public 0.18%

  2. To declare a dividend on equity shares for the Financial Year ended 31st March 2024
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.06%

    Turnout: all 88.44% · promoters 99.78% · institutions 98.49% · other public 0.18%

  3. To appoint a Director in place of Mr. Arjun Singh Oberoi (DIN: 00052106), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.61% for0.39% against

    Against: promoters 0.00% · institutions 2.53% · other public 1.69%

    Turnout: all 88.44% · promoters 99.78% · institutions 98.49% · other public 0.18%

  4. Approval of Material Related Party Transactions with EIH Limited.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.69%

    Turnout: all 13.61% · promoters 0.00% · institutions 98.49% · other public 0.18%

  5. Approval of Capitalisation of the Reserves and issue of Bonus Shares to the Shareholders of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.69%

    Turnout: all 88.44% · promoters 99.78% · institutions 98.49% · other public 0.18%

  6. Approval of appointment of Ms. Ameeta Aziz Parpia (DIN: 02654277) as Non-Executive Independent Director of the Company for a period of five consecutive years with effect from 24th
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.28% · other public 4.09%

    Turnout: all 88.44% · promoters 99.78% · institutions 98.49% · other public 0.18%

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, 7 Aug 2023, 3 resolutions

Present: 6 promoters and 39 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the audited financial statement of the Company for the Financial Year ended 31st March 2023 and the reports of the Board of Directors and Auditors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.59%

    Turnout: all 66.32% · promoters 70.09% · institutions 98.70% · other public 0.42%

  2. To declare a dividend on equity shares for the Financial Year ended 31st March 2023.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.59%

    Turnout: all 66.35% · promoters 70.09% · institutions 98.91% · other public 0.42%

  3. To appoint a Director in place of Mr. Akshay Rajan Raheja (DIN: 00288397), who retires by rotation and being eligible, offer himself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.29% for0.71% against

    Against: promoters 0.00% · institutions 3.40% · other public 4.78%

    Turnout: all 66.35% · promoters 70.09% · institutions 98.91% · other public 0.42%

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, 1 May 2023, 2 resolutions

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

  1. Appointment of Mr. Arjun Singh Oberoi (DIN: 00052106) as Director
    Ordinary
    99.78% for0.22% against

    Against: promoters 0.00% · institutions 1.00% · other public 42.80%

    Turnout: all 65.93% · promoters 70.09% · institutions 99.45% · other public 0.28%

  2. Continuation of Mr. Shib Sanker Mukherji (DIN 00103770) as Non-Executive Chairman on the Board of the Company after attaining the age of 75 years
    Special
    99.78% for0.22% against

    Against: promoters 0.00% · institutions 1.06% · other public 15.69%

    Turnout: all 65.93% · promoters 70.09% · institutions 99.45% · other public 0.28%

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, 26 Jul 2022, 3 resolutions

Present: 7 promoters and 33 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statement of the Company for the Financial Year ended on 31st March 2022, together with the Directors’ and Auditor’s Report thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 66.18% · promoters 70.31% · institutions 99.48% · other public 1.50%

  2. To appoint a Director in place of Mr. Shib Sanker Mukherji (DIN:00103770), who retires by rotation and being eligible, offers himself for re-appointment;
    Ordinary
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 0.64% · other public 0.19%

    Turnout: all 66.18% · promoters 70.31% · institutions 99.48% · other public 1.50%

  3. To Re-appoint the Statutory Auditors and to fix their remuneration.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 66.18% · promoters 70.31% · institutions 99.48% · other public 1.50%

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, 27 Jul 2021, 3 resolutions

Present: 8 promoters and 39 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statement of the Company for the Financial Year ended on 31st March 2021, together with the Directors¿ and Auditor's Report thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 87.88% · promoters 99.51% · institutions 0.00% · other public 53.00%

  2. To appoint a Director in place of Mr. Prithviraj Singh Oberoi(DIN 00051894), who retires by rotation and being eligible, offers himself for reappointment.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 87.88% · promoters 99.51% · institutions 0.00% · other public 53.00%

  3. To reappoint Mr. Surin Shailesh Kapadia (DIN: 00770828) as a Non-executive Independent Director on the Board of the Company, not liable to retire by rotation, to hold office for a second term of 5 (five) consecutive years with effect from August 5, 2021.MoreLess
    Special
    100.00% for0.00% against

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

    Turnout: all 87.88% · promoters 99.51% · institutions 0.00% · other public 53.00%

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 4 Aug 2025, 1 fund house

  • Adoption of Audited Financial Statement of the Company for the Financial Year ended 31st March 2025
    1 for0 against
  • Declaration of dividend on equity shares for the Financial Year ended 31st March 2025
    1 for0 against
  • Re-appointment of Mr. Akshay Rajan Raheja as a Director of the Company, who retires by rotation and being eligible, offers himself for re-appointment
    1 for0 against
  • Approval of Material Related Party Transactions with EIH Limited
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance & Transparency Concern: Unclear how the sale of Fixed Assets falls within the ordinary course of business. Basis of Arm’s length pricing not disclosed.
    0 for1 against
  • Approval of re-appointment of Mr. Vikramjit Singh Oberoi as Managing Director of the Company for a period of five Years.
    1 for0 against
  • Appointment of M/s Chandrasekaran Associates, Practicing Company Secretaries as Secretarial Auditor of the Company and fix their remuneration.
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundComplaint with Law. No concern on the merits of proposed Auditors. Transparency concern: The Company has not disclosed the audit fee paid to outgoing Auditor and if there is any material change in the proposed audit fee and justification for material change if any.
    0 for1 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

At most 1 complaint open, quarter to Dec 2024.
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
Yes
The chair is related to the managing director
No
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.