EIH logo

EIH CEO, MD, chairman, board of directors and AGM

NSE: EIHOTELBSE: 500840Leisure ServicesSmall Cap

Formerly East India Hotels
Last close ₹288.10down ₹7.15 (2.42%)BSE ₹288.40

Share price at the NSE close on 23 Oct 2026. Previous close ₹295.25.

52-week range of traded prices to 23 Oct 2026
₹271.15Low, 2 Apr 2026₹405.00High, 4 Nov 2025
Market cap
₹18,017 Cr344th largest listed
P/E
25.3
P/B
3.4
Dividend yield
0.52%
ROE
14.4%
ROCE
16.3%
Debt to equity
0.00
Volume, NSE
1,57,78143.4% delivered

EIH 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

  • Chairperson and managing director and CEOArjun Singh Oberoi
  • Company Secretary and Compliance OfficerLalit Kumar Sharma

9 directors5 independent2 executive2 non-executive

  • Vikramjit Singh OberoiExecutive · joined Dec 1993 · reappointed Jul 2024 · 2 listed boards · 2 committee seats
  • Arjun Singh Oberoi · Chairperson and managing director and CEOExecutive · joined Dec 1993 · reappointed May 2022 · 2 listed boards · 3 committee seats, 1 as chair
  • Nita Mukesh AmbaniNon-executive · joined Oct 2011 · 1 listed board
  • Manoj Harjivandas ModiNon-executive · joined Oct 2011 · 1 listed board · 2 committee seats
  • Chhavi RajawatIndependent · joined Oct 2017 · reappointed Oct 2022 · 104 months as independent · 1 listed board · 1 as independent
  • Sanjay BhatnagarIndependent · joined Aug 2019 · reappointed Aug 2024 · 82 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
  • Renu Sud KarnadIndependent · joined Jan 2024 · reappointed Jan 2024 · 30 months as independent · 4 listed boards · 1 as independent · 7 committee seats, 1 as chair
  • Rajkumar KatariaIndependent · joined Sep 2024 · reappointed Sep 2024 · 22 months as independent · 2 listed boards · 1 as independent · 4 committee seats, 2 as chair
  • Peter James Holland RileyIndependent · joined Dec 2024 · reappointed Dec 2024 · 19 months as independent · 1 listed board · 1 as independent · 1 committee seat

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.

Committees and meetings

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

  • Board

    • 26 May 20267 of 9 present3 independent · 62 days in between
    • 24 Mar 20269 of 9 present5 independent · 41 days in between
    • 10 Feb 20269 of 9 present5 independent

  • Audit Committee

    Chair Sanjay Bhatnagar

    Arjun Singh Oberoi, Renu Sud Karnad, Rajkumar Kataria, Peter James Holland Riley

    • 25 May 20264 of 4 present3 independent · 16 days in between
    • 8 May 20264 of 4 present3 independent · 57 days in between
    • 24 Mar 20264 of 4 present3 independent · 41 days in between
    • 10 Feb 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Renu Sud Karnad

    Arjun Singh Oberoi, Sanjay Bhatnagar, Chhavi Rajawat

    • 25 May 20264 of 4 present3 independent

  • Stakeholders Relationship Committee

    Chair Rajkumar Kataria

    Arjun Singh Oberoi, Vikramjit Singh Oberoi

    • 24 Mar 20263 of 3 present1 independent

  • Risk Management Committee

    Chair Renu Sud Karnad

    Arjun Singh Oberoi, Vikramjit Singh Oberoi, Sameer Nayar, Peter James Holland Riley

    • 11 Mar 20263 of 3 present1 independent

  • Corporate Social Responsibility Committee

    Chair Vikramjit Singh Oberoi

    Arjun Singh Oberoi, Chhavi Rajawat, Rajkumar Kataria

    • 25 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 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 dividend history

Annual general meeting, 7 Aug 2026

1,24,870 shareholders on the register on 31 Jul 2026; present: 11 promoters and 61 others; votes counted by Ajay Kumar Jain / M/s Jus & Associates.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone Financial Statements and Consolidated Financial Statements for the financial year ended 31 March 2026.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 70.65% · promoters 99.84% · institutions 92.55% · other public 40.46%

  2. Declaration of Dividend on Equity Shares for the financial year ended 31 March 2026.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 70.65% · promoters 99.84% · institutions 92.55% · other public 40.46%

  3. Re-appointment of Mr. Manoj Harjivandas Modi (DIN: 00056207) as a director liable to retire by rotation.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.08% · other public 0.01%

    Turnout: all 70.65% · promoters 99.84% · institutions 92.55% · other public 40.46%

  4. Approval for payment of commission to Non-Executive Independent Directors of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 70.65% · promoters 99.84% · institutions 92.55% · other public 40.46%

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, 6 Aug 2025, 4 resolutions

1,29,793 shareholders on the register on 30 Jul 2025; present: 11 promoters and 80 others; votes counted by AJAY KUMAR JAIN / JUS AND 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 0.00%

    Turnout: all 70.01% · promoters 99.84% · institutions 92.00% · other public 39.96%

  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 0.00%

    Turnout: all 70.01% · promoters 99.84% · institutions 92.00% · other public 39.96%

  3. Re-appointment of Mr. Arjun Singh Oberoi as a Director of the Company, who retires by rotation and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    97.55% for2.45% against

    Against: promoters 0.00% · institutions 9.33% · other public 0.01%

    Turnout: all 70.01% · promoters 99.84% · institutions 92.00% · other public 39.96%

  4. Appointment of M/s Chandrasekaran Associates, Practicing Company Secretaries as Secretarial Auditor of the Company and fixation of their remuneration
    Ordinary
    99.95% for0.05% against

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

    Turnout: all 70.01% · promoters 99.84% · institutions 91.99% · other public 39.96%

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, 16 Jan 2025, 1 resolution

1,31,396 shareholders on the register on 13 Dec 2024; 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. Peter James Holland Riley (DIN: 10731311) as Non-Executive Independent Director on the Board of the company for a Term of Five (5) Consecutive Years with effect from 12th December 2024MoreLess
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.10% · other public 0.01%

    Turnout: all 68.44% · promoters 99.84% · institutions 87.30% · other public 39.37%

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 Oct 2024, 1 resolution

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

  1. To approve appointment of Mr. Raj Kumar Kataria (DIN: 01960956) as Non – ExecutivenIndependent Director on the Board of the Company for a term of five (5) consecutive yearsnwith effect from 3rd September 2024MoreLess
    Special
    87.22% for12.78% against

    Against: promoters 0.00% · institutions 51.15% · other public 0.02%

    Turnout: all 68.91% · promoters 99.84% · institutions 90.32% · other public 39.30%

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 2024, 3 resolutions

Present: 11 promoters and 91 others.The company's voting result (opens in a new tab)

  1. To consider and adopt (a) the Audited Financial Statement of the Company for the Financial Year ended March 31, 2024 and the reports of the Board of Directors and Auditors thereon; and (b) the Audited Consolidated Financial Statement of the Company for the Financial Year ended March 31, 2024 and the report of Auditors thereon.MoreLess
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 69.12% · promoters 99.84% · institutions 91.26% · other public 39.28%

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

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

    Turnout: all 69.13% · promoters 99.84% · institutions 91.30% · other public 39.28%

  3. To appoint a Director in place of Mr. Vikramjit Singh Oberoi (DIN: 00052014), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.84% for0.16% against

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

    Turnout: all 69.13% · promoters 99.84% · institutions 91.27% · other public 39.28%

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.

Postal ballot, 30 Jun 2024, 2 resolutions

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

  1. To approve re-appointment of Mr. Vikramjit Singh Oberoi (DIN: 00052014) as the Managing Director and Chief Executive Officer, with effect from 01st July, 2024
    Special
    87.91% for12.09% against

    Against: promoters 0.00% · institutions 48.07% · other public 0.01%

    Turnout: all 69.24% · promoters 99.84% · institutions 91.05% · other public 39.63%

  2. To approve appointment of Mr. Sanjay Bhatnagar (DIN: 00867848) as Non-Executive Independent Director of the Company for a second term of five consecutive years with effect from 27th August 2024
    Special
    98.78% for1.22% against

    Against: promoters 0.00% · institutions 4.86% · other public 0.01%

    Turnout: all 69.24% · promoters 99.84% · institutions 91.05% · other public 39.63%

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 Mar 2024, 1 resolution

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

  1. To approve appointment of Mrs. Renu Sud Karnad (DIN: 00008064) as Non – Executive Independent Director on the Board of the Company for a term of five (5) consecutive years with effect from 05th January 2024MoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.02% · other public 0.01%

    Turnout: all 68.89% · promoters 99.84% · institutions 90.69% · other public 39.18%

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, 9 Aug 2023, 3 resolutions

Present: 11 promoters and 96 others.The company's voting result (opens in a new tab)

  1. To consider and adopt (a) the audited financial statement of the Company for the Financial Year ended March 31, 2023 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the Financial Year ended March 31, 2023 and the report of Auditors thereon and, in this regard.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.20% · promoters 99.84% · institutions 88.25% · other public 39.89%

  2. To declare a dividend on equity shares for the Financial Year ended March 31, 2023 and, in this regard.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.22% · promoters 99.84% · institutions 88.35% · other public 39.89%

  3. To appoint a Director in place of Ms. Nita Mukesh Ambani (DIN: 03115198), who retires by rotation and being eligible, offers herself for re-appointment and, in this regard.
    Ordinary
    95.44% for4.56% against

    Against: promoters 0.00% · institutions 19.75% · other public 0.00%

    Turnout: all 68.21% · promoters 99.84% · institutions 88.32% · other public 39.89%

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.Funds that hold it

Mutual fund votes, meeting of 7 Aug 2026, 10 fund houses so far (houses' deadline to file 15 Oct 2026)

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

  • Adoption of Audited Standalone Financial Statements and Consolidated Financial Statements for the financial year ended 31 March 2026.
    9 for0 against
  • Declaration of Dividend on Equity Shares for the financial year ended 31 March 2026.
    10 for0 against
  • Re-appointment of Mr. Manoj Harjivandas Modi (DIN: 00056207) as a director liable to retire by rotation.
    10 for0 against
  • Approval for payment of commission to Non-Executive Independent Directors of the Company.
    10 for0 against
1 proposal not matched to one resolution
  • Accept Financial Statements and Statutory Reports
    1 for0 against

Mutual fund votes, meeting of 6 Aug 2025, 17 fund houses

  • Adoption of Audited Financial Statement of the Company for the Financial Year ended 31st March 2025.
    17 for0 against
  • Declaration of dividend on equity shares for the Financial Year ended 31st March 2025
    17 for0 against
  • Re-appointment of Mr. Arjun Singh Oberoi as a Director of the Company, who retires by rotation and being eligible, offers himself for re-appointment.
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance concerns: Combining the position of Chairman and Executive Director may result in concentration of power.
    • Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundCompliant with law. Governance concerns: Combining the position of Chairman and Executive Director may result in concentration of power.
    12 for5 against
  • Appointment of M/s Chandrasekaran Associates, Practicing Company Secretaries as Secretarial Auditor of the Company and fixation of their remuneration
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundTransparency Concern: Remuneration of outgoing auditors not disclosed, thus material change, if any in previous auditors’ remuneration vs proposed auditors’ remuneration cannot be ascertained.
    • Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundCompliant with law. Transparency Concern: Remuneration of outgoing auditors not disclosed, thus material change, if any in previous auditors’ remuneration vs proposed auditors’ remuneration cannot be ascertained
    12 for5 against
6 earlier meetings

Mutual fund votes, meeting of 16 Jan 2025, 14 fund houses

  • To Approve Appointment of Mr. Peter James Holland Riley (DIN: 10731311) as Non-Executive Independent Director on the Board of the company for a Term of Five (5) Consecutive Years with effect from 12th December 2024MoreLess
    14 for0 against

Mutual fund votes, meeting of 8 Oct 2024, 14 fund houses

  • To approve appointment of Mr. Raj Kumar Kataria (DIN: 01960956) as Non – ExecutivenIndependent Director on the Board of the Company for a term of five (5) consecutive yearsnwith effect from 3rd September 2024MoreLess
    Against Axis Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, HDFC Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund
    • Axis Mutual Fund, Navi Mutual FundRaj Kumar Kataria, 68, is founding Partner, Arpwood Capital, an investment banking firm. We note he was a director on the board of Mumtaz Hotels Limited (Mumtaz) – a subsidiary and Joint Venture of EIH Limited for eight years and ten months. Given the absence of a cooling period from his cessation from the board of Mumtaz on May 2024 and subsequent appointment onto the board of EIH Limited, we consider his overall association with the group while computing his tenure. During his proposed tenure, he will complete 10 years of association with the group. We do not support appointment of independent directors if aggregate tenure with the company or the group exceeds 10 years anytime during the proposed tenure. We are unable to support the resolution.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundAppointment is compliant with the law. Governance Concern: Ex-Officio position.
    • HDFC Mutual FundWith the proposed tenure, Mr. Raj Kataria’s association with the group will cross 10 years. We believe that this is not in line with the spirit of the regulations.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    • Nippon India Mutual FundEx-Officio position.
    6 for8 against

Mutual fund votes, meeting of 7 Aug 2024, 14 fund houses

  • To consider and adopt (a) the Audited Financial Statement of the Company for the Financial Year ended March 31, 2024 and the reports of the Board of Directors and Auditors thereon; and (b) the Audited Consolidated Financial Statement of the Company for the Financial Year ended March 31, 2024 and the report of Auditors thereon.MoreLess
    14 for0 against
  • To declare a dividend on equity shares for the Financial Year ended March 31, 2024.n
    14 for0 against
  • To appoint a Director in place of Mr. Vikramjit Singh Oberoi (DIN: 00052014), who retires by rotation and being eligible, offers himself for re-appointment.
    14 for0 against

Mutual fund votes, meeting of 30 Jun 2024, 11 fund houses

  • To approve re-appointment of Mr. Vikramjit Singh Oberoi (DIN: 00052014) as the Managing Director and Chief Executive Officer, with effect from 01st July, 2024
    Against Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. No concern identified on the merits of proposed appointee. Governance Concern: No absolute cap on variable pay or total remuneration.
    • Edelweiss Mutual FundMultiple resolutions bundled in one. Remuneration above regulatory threshhold againts minorityy share holders.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    • Nippon India Mutual FundNo absolute cap on variable pay
    5 for6 against
  • To approve appointment of Mr. Sanjay Bhatnagar (DIN: 00867848) as Non-Executive Independent Director of the Company for a second term of five consecutive years with effect from 27th August 2024
    11 for0 against

Mutual fund votes, meeting of 15 Mar 2024, 11 fund houses

  • To approve appointment of Mrs. Renu Sud Karnad (DIN: 00008064) as Non – Executive Independent Director on the Board of the Company for a term of five (5) consecutive years with effect from 05th January 2024MoreLess
    11 for0 against

Mutual fund votes, meeting of 9 Aug 2023, 7 fund houses

  • To consider and adopt (a) the audited financial statement of the Company for the Financial Year ended March 31, 2023 and the reports of the Board of Directors and Auditors thereon; and (b) the audited consolidated financial statement of the Company for the Financial Year ended March 31, 2023 and the report of Auditors thereon and, in this regard.MoreLess
    7 for0 against
  • To declare a dividend on equity shares for the Financial Year ended March 31, 2023 and, in this regard.
    7 for0 against
  • To appoint a Director in place of Ms. Nita Mukesh Ambani (DIN: 03115198), who retires by rotation and being eligible, offers herself for re-appointment and, in this regard.
    Against HSBC Mutual Fund
    • HSBC Mutual FundA vote AGAINST the following nominee is warranted because: • The board is chaired by an executive and promoter director and the board is not at least one-half independent and Nita Ambani is a non-independent director nominee
    6 for1 against

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

Tax disputes and stakes in unlisted companies

Reported in the filing for the quarter to Jun 2026.

  • Unlisted stake boughtTP Varun LimitedSince 1 Apr 2026

    26.00% bought in the quarter; holding 26.00%, from 0.00%

  • Tax disputeThe Additional Commissioner of State Tax, MumbaiSince 6 Mar 2026
    The court has directed that a rejoinder be filed to the affidavit-in-reply of the Respondents/ MVAT department.
    At the filing before: The Additional Commissioner of State Tax, Mumbai vide its review order dated 6th February 2026 has levied a penalty of Rs 29,97,50,261/- under Section 25 of the Maharashtra VAT Act, 2002 on the hotels and divisions of the Company at Mumbai. The said penalty is mainly in relation to arbitrary enhancement on Food and Beverage and other output services for the Financial Year 2016-17. Previously the company had opted for Amnesty under Settlement of arrears under the Maharashtra Settlement of Arrears of Tax, interest, penalty or Late Fee Act, 2023 for the FY 2016-17 and authorities had issued settlement order on 18.12.2023 confirming the settlement application. The Company has initiated appropriate legal proceedings, pursuant to which the related demands have presently been stayed by the Hon'ble High Court of Mumbai.MoreLess

In the company's own words, from its latest governance filing.

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 3 complaints open, quarter to Sep 2025.
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
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.