HBG Hotels MD, chairman, board of directors and AGM
BSE: 537839Leisure ServicesSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹67.90.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹142 Cr2,393rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 29 May 2026
- 0.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.22%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 14 Aug 2026
- 0.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 29 May 2026
- 0.95
- Volume, BSEVolume. Shares traded on the last trading day.
- 2,350
HBG 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
- Chairperson and managing directorSAMIT PRAFULLA HEDERelated to the promoter
7 directors3 independent1 executive3 non-executive
- SAMIT PRAFULLA HEDE · Chairperson and managing directorExecutive · joined Oct 2015 · reappointed Oct 2025 · 1 listed board · 1 committee seat
- PAUL DAVID TALBOT WILLCOXNon-executive · joined Sep 1993 · 1 listed board
- KIRAN NARAYAN TALCHERKARIndependent · joined Feb 2018 · reappointed Feb 2023 · 101 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- SHIBANEE MANISH HARLALKANon-executive · joined Aug 2017 · 1 listed board
- ARUN PANDURANG PAWARAlternate · joined Aug 2017 · 1 listed board
- DEV KIRIT TOPRANIIndependent · joined Sep 2018 · reappointed Sep 2023 · 94 months as independent · 1 listed board · 1 as independent · 2 committee seats
- ANITA SHANTARAMIndependent · joined Aug 2024 · 22 months as independent · 4 listed boards · 4 as independent · 7 committee seats
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
- 29 May 20266 of 6 present3 independent · 20 days in between
- 8 May 20266 of 6 present3 independent · 85 days in between
- 11 Feb 20266 of 6 present3 independent
Audit Committee
Chair KIRAN NARAYAN TALCHERKAR
ANITA SHANTARAM, DEV KIRIT TOPRANI
- 29 May 20263 of 3 present3 independent · 106 days in between
- 11 Feb 20262 of 3 present1 independent
Nomination and remuneration committee
Chair KIRAN NARAYAN TALCHERKAR
ANITA SHANTARAM, DEV KIRIT TOPRANI
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair KIRAN NARAYAN TALCHERKAR
SAMIT PRAFULLA HEDE, DEV KIRIT TOPRANI
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.
- Bhatter & CompanyPeer-review certificate valid to Mar 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.
HBG 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.HBG Hotels dividend history
Postal ballot, 13 Oct 2026
2,723 shareholders on the register on 4 Sep 2026; votes counted by Pooja Amit Gala / Pooja Gala & Associates.The company's voting result (opens in a new tab)
- ALTERATION IN THE AUTHORISED SHARE CAPITAL OF THE COMPANY AND CONSEQUENTIAL AMENDMENT IN THE CAPITAL CLAUSE OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANYOrdinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 2.80% · promoters 0.00% · other public 9.27%
- TO APPROVE THE ISSUE OF WARRANTS CONVERTIBLE INTO EQUITY SHARES ON PREFERENTIAL BASIS TO PROMOTERS, PROMOTER GROUP AND NON-PROMOTERS FOR CASH CONSIDERATIONSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 2.80% · promoters 0.00% · other public 9.27%
- TO CONSIDER AND APPROVE INVESTMENTS, GIVE LOANS, GUARANTEES AND SECURITY IN EXCESS OF LIMITS SPECIFIED UNDER SECTION 186 OF THE COMPANIES ACTSpecial99.99% for0.01% against
Against: promoters 0.00% · other public 0.01%
Turnout: all 2.80% · promoters 0.00% · other public 9.27%
- TO APPROVAL ACQUISITION OF LAND FROM M/S. HEDE CONSULTANCY COMPANY PRIVATE LIMITED (PROMOTER GROUP OF THE COMPANY) AS A RELATED PARTY TRANSACTION UNDER SECTION 188 OF THE COMPANIES ACT, 2013OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 2.80% · promoters 0.00% · other public 9.27%
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 2026, 5 resolutions
2,775 shareholders on the register on 22 Sep 2026; present: 6 promoters and 10 others; votes counted by Hitehs Kothari / Kothari H & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt: (a) The Standalone Financial Statements of the Company for the year ended on March 31, 2026, containing the Audited Balance Sheet, the Statement of Change in Equity, Profit and Loss, Cash Flow statement and report of the Board and Auditors thereon, on that date. (b) The Consolidated Financial Statements of the Company for the year ended on March 31, 2025, containing the Audited Balance Sheet, the Statement of Change in the Equity, Profit and Loss, Cash Flow Statement and report of the Auditors thereon, on that date.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 69.90% · promoters 100.00% · institutions 0.00% · other public 0.33%
- To appoint a director in place of Mrs. Shibanee Manish Harlalka (DIN: 00507607), who retires by rotation and being eligible, offers herself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 69.90% · promoters 100.00% · institutions 0.00% · other public 0.33%
- Prior Approval for Appointment of Dr. Prafulla Rajaram Hede (DIN: 00651441) as Non-Executive director and chairman of the CompanySpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 69.90% · promoters 100.00% · institutions 0.00% · other public 0.33%
- Appointment of Dr. Prafulla Rajaram Hede (DIN : 00651441) as a non-executive director and chairman of the company.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 69.90% · promoters 100.00% · institutions 0.00% · other public 0.33%
- To appoint Mrs. Varsha Ajay Usgaonkar Sharma (DIN : 07184991), as an independent director of the company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 69.90% · promoters 100.00% · institutions 0.00% · other public 0.33%
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.
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
- 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.
How money raised was used
Reported for the quarter to Sep 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states is more than ten times everything the company owns, a figure typed at the wrong scale.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesJul 2025 | – | (a) Expansion of our existing resort i.e. Phoenix Island Resort, Pozhiyoor PO, Poovar, Thiruvananthapuram, Kerala -695513, India. | – | – | No |