Samhi Hotels CEO, MD, chairman, board of directors and AGM
NSE: SAMHIBSE: 543984Leisure ServicesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹150.49.
- 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.
- ₹3,399 Cr906th 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. The filing of 3 Aug 2026
- 6.7
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: 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, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹105 crore of one-off items, the largest of them in the quarter to Sep 2025.
- 8.5
- 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 21 May 2026
- 1.6
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over 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, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 3 Aug 2026
- 30.3%
- ROE without one-offsReturn on equity without one-off items. Core profit, 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 less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹105 crore of one-off items, the largest of them in the quarter to Sep 2025.
- 24.0%
- 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 3 Aug 2026
- 7.8%
- 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 21 May 2026
- 0.75
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 9,74,91760.6% delivered
Samhi 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 director and CEOAshish Jakhanwala
- Company Secretary and Compliance OfficerSanjay Jain
7 directors4 independent1 executive2 non-executive
- Ashish Jakhanwala · Chairperson and managing director and CEOExecutive · joined Aug 2019 · 60 months as independent · 1 listed board
- Manav ThadaniNon-executive · joined Dec 2010 · 1 listed board
- Aditya JainIndependent · joined Mar 2023 · reappointed Mar 2023 · 60 months as independent · 2 listed boards · 2 as independent · 1 committee seat, 2 as chair
- Archana CapoorIndependent · joined Mar 2023 · reappointed Mar 2023 · 60 months as independent · 6 listed boards · 6 as independent · 5 committee seats, 3 as chair
- Krishan DhawanIndependent · joined Mar 2023 · reappointed Mar 2023 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Michael David HollandIndependent · joined Mar 2023 · reappointed Mar 2023 · 60 months as independent · 2 listed boards · 2 as independent
- Ajish Abraham JacobNon-executive · joined Aug 2023 · 1 listed board · 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
- 21 May 20266 of 7 present3 independent · 35 days in between
- 15 Apr 20267 of 7 present4 independent · 40 days in between
- 5 Mar 20267 of 7 present4 independent · 2 days in between
- 2 Mar 20267 of 7 present4 independent · 32 days in between
2 earlier meetings
- 28 Jan 20267 of 7 present4 independent · 15 days in between
- 12 Jan 20267 of 7 present4 independent
Audit Committee
Chair Aditya Jain
Krishan Dhawan, Archana Capoor, Ajish Abraham Jacob
- 20 May 20264 of 4 present3 independent · 8 days in between
- 11 May 20264 of 4 present3 independent · 45 days in between
- 26 Mar 20264 of 4 present3 independent · 56 days in between
- 28 Jan 20263 of 4 present2 independent
Nomination and remuneration committee
Chair Michael David Holland
Aditya Jain, Krishan Dhawan
- 10 Mar 20262 of 3 present2 independent
Stakeholders Relationship Committee
Chair Michael David Holland
Aditya Jain, Archana Capoor
- 10 Mar 20262 of 3 present2 independent
Risk Management Committee
Chair Archana Capoor
Michael David Holland, Manav Thadani
- 25 Feb 20262 of 3 present1 independent · 14 days in between
Corporate Social Responsibility Committee
Chair Krishan Dhawan
Archana Capoor, Michael David Holland
- 10 Feb 20263 of 3 present3 independent
Investment Committee
Chair Michael David Holland
Ajish Abraham Jacob, Manav Thadani
- 15 Apr 20263 of 3 present1 independent · 35 days in between
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.
- Walker Chandiok & Co LLP (WCC LLP)Peer-review certificate valid to May 2028
1 earlier auditor
- B S R & Co. LLP, Chartered AccountantsNamed 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.
Samhi 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.Samhi Hotels share news and announcements
Annual general meeting, 31 Aug 2026
83,887 shareholders on the register on 24 Aug 2026; present: 0 promoters and 60 others; votes counted by ABHISHEK BANSAL / NA.The company's voting result (opens in a new tab)
To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended 31st March 2026 and Reports of the Directors’ and Auditors’ thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 56.24% · promoters 0.00% · institutions 84.79% · other public 8.72%
- To appoint a director in place of Mr. Manav Thadani (DIN: 00534993), who retires by rotation and being eligible, offers himself for re-appointmentOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 56.27% · promoters 0.00% · institutions 84.83% · other public 8.72%
- To approve increase in the authorized share capital of the Company and consequent alteration in the Memorandum of Association of the CompanyOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.50%
Turnout: all 56.27% · promoters 0.00% · institutions 84.83% · other public 8.72%
To approve the raising of capital through an issuance of equity shares or other eligible convertible securities for an amount not exceeding INR 750,00,00,000/- (Indian Rupees Seven Hundred Fifty Crores)MoreLess
Special79.60% for20.40% againstAgainst: promoters 0.00% · institutions 21.69% · other public 0.50%
Turnout: all 53.90% · promoters 0.00% · institutions 81.02% · other public 8.74%
- To consider and approve the remuneration payable to the Non-Executive Independent Directors (“NEIDs”) of the CompanyOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.50%
Turnout: all 56.27% · promoters 0.00% · institutions 84.83% · other public 8.72%
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, 4 resolutions
93,814 shareholders on the register on 28 Jul 2025; present: 0 promoters and 61 others; votes counted by ABHISHEK BANSAL / NA.The company's voting result (opens in a new tab)
To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended March 31, 2025 and Reports of the Directors’ and Auditors’ thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 53.38% · promoters 0.00% · institutions 81.48% · other public 6.94%
- To appoint a director in place of Mr. Ajish Abraham Jacob (DIN: 08525069), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary98.62% for1.38% against
Against: promoters 0.00% · institutions 1.45% · other public 0.03%
Turnout: all 53.38% · promoters 0.00% · institutions 81.48% · other public 6.94%
- To approve the appointment of M/s. Walker Chandiok & Co. LLP, Chartered Accountants (Firm Registration No.: 001076N/N500013) as the Statutory Auditors of the Company.Ordinary99.23% for0.77% against
Against: promoters 0.00% · institutions 0.81% · other public 0.03%
Turnout: all 53.38% · promoters 0.00% · institutions 81.48% · other public 6.94%
To approve the appointment of M/s. T. Sharad & Associates, Company Secretaries (Firm Registration No.: UCN S2004DE845800 & Peer Review Certificate No. 1746/2022) as the Secretarial Auditors of the Company.MoreLess
Ordinary99.71% for0.29% againstAgainst: promoters 0.00% · institutions 0.30% · other public 0.03%
Turnout: all 53.38% · promoters 0.00% · institutions 81.48% · other public 6.94%
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 May 2025, 1 resolution
89,599 shareholders on the register on 13 May 2025; present: 0 promoters and 45 others; votes counted by ABHISHEK BANSAL / NA.The company's voting result (opens in a new tab)
- To consider and approve the transactions relating to identified subsidiaries of the CompanyOrdinary99.60% for0.40% against
Against: promoters 0.00% · institutions 0.62% · other public 0.00%
Turnout: all 55.49% · promoters 0.00% · institutions 76.73% · other public 36.83%
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, 19 Sep 2024, 3 resolutions
Present: 0 promoters and 73 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended 31st March 2024, and Reports of the Directors’ and Auditors’ thereonMoreLess
Ordinary99.81% for0.19% againstAgainst: promoters 0.00% · institutions 0.20% · other public 0.04%
Turnout: all 66.89% · promoters 0.00% · institutions 82.16% · other public 12.75%
- To appoint a director in place of Mr. Manav Thadani (DIN: 00534993), who retires by rotation and being eligible, offers himself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 66.89% · promoters 0.00% · institutions 82.16% · other public 12.75%
- To ratify the grant of ESOP options exceeding one percent of the issued capital of the CompanySpecial90.46% for9.54% against
Against: promoters 0.00% · institutions 9.90% · other public 1.18%
Turnout: all 66.89% · promoters 0.00% · institutions 82.16% · other public 12.75%
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 31 Aug 2026, 6 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.
To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended 31st March 2026 and Reports of the Directors’ and Auditors’ thereonMoreLess
6 for0 against- To appoint a director in place of Mr. Manav Thadani (DIN: 00534993), who retires by rotation and being eligible, offers himself for re-appointment6 for0 against
- To approve increase in the authorized share capital of the Company and consequent alteration in the Memorandum of Association of the Company6 for0 against
To approve the raising of capital through an issuance of equity shares or other eligible convertible securities for an amount not exceeding INR 750,00,00,000/- (Indian Rupees Seven Hundred Fifty Crores)MoreLess
Against Angel One Mutual Fund
- Angel One Mutual FundGovernance Concern: Excessive dilution, further, the Company has not provided adequate justification for proposed fund raising and rationale for not opting for Rights Issue as a mode of fund-raising
5 for1 against- To consider and approve the remuneration payable to the Non-Executive Independent Directors (“NEIDs”) of the Company5 for0 against
1 proposal not matched to one resolution
- 5) Approve payment of commission to Independent Directors not exceeding Rs. 1.5 mn per annum to each director as minimum remuneration for FY26 and FY271 for0 against
Mutual fund votes, meeting of 4 Aug 2025, 11 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended March 31, 2025 and Reports of the Directors’ and Auditors’ thereon.MoreLess
10 for0 against- To appoint a director in place of Mr. Ajish Abraham Jacob (DIN: 08525069), who retires by rotation and being eligible, offers himself for re-appointment.11 for0 against
- To approve the appointment of M/s. Walker Chandiok & Co. LLP, Chartered Accountants (Firm Registration No.: 001076N/N500013) as the Statutory Auditors of the Company.
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundGovernance & Transparency Concern: Lack of clarity over the audit remuneration paid at the standalone level,non-disclosure of rationale for material change in audit fee and no justification for decline in audit remuneration.
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance & Transparency Concern: Lack of clarity over the audit remuneration paid at the standalone level, non-disclosure of rationale for material change in audit fee and no justification for decline in audit remuneration.
6 for4 against To approve the appointment of M/s. T. Sharad & Associates, Company Secretaries (Firm Registration No.: UCN S2004DE845800 & Peer Review Certificate No. 1746/2022) as the Secretarial Auditors of the Company.MoreLess
10 for0 against
3 proposals not matched to one resolution
- Item 1, as a fund house numbered it1 for0 against
- Item 3, as a fund house numbered it1 for0 against
- Item 4, as a fund house numbered it1 for0 against
2 earlier meetings
Mutual fund votes, meeting of 20 May 2025, 11 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- To consider and approve the transactions relating to identified subsidiaries of the Company1 for0 against
3 proposals not matched to one resolution
1) Approve investment by Reco Bellflower Private Limited (RBPL) in Ascent Hotels Private Limited (AHPL), SAMHI JV Business Hotels Private Limited (SBHPL) and Innmar Tourism and Hotels Private Limited (ITHPL) at an aggregate enterprise value of Rs. 22.0 bn.MoreLess
1 for0 againstApprove investment by Reco Bellflower Private Limited (RBPL) in Ascent Hotels Private Limited (AHPL), SAMHI JV Business Hotels Private Limited (SBHPL) and Innmar Tourism and Hotels Private Limited (ITHPL) at an aggregate enterprise value of Rs. 22.0 bnMoreLess
1 for0 againstReco Bellflower Private Limited (an affiliate entity of GIC Pte. Ltd.) (Investor) proposes to acquire 35% (thirty- five percent) of share capital of each of three wholly- owned subsidiaries of the Company, i.e. Ascent Hotels Private Limited (AHPL), SAMHI JV Business Hotels Private Limited (SBHPL) and Innmar Tourism and Hotels Private Limited (ITHPL, and together with AHPL and SBHPL, the Target Companies) (Proposed Transaction). The Target Companies in aggregate own four operating hotels comprising an aggregate of 779 operating rooms along with a proposed hotel with 220 rooms. The proceeds from the Proposed Transaction will be used for capital expenditure, future acquisitions, repayment of existing debts (including release of charges on the securities of SBHPL).MoreLess
Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundTransparency / Disclosure Concern: Inadequate disclosures; Unclear about approval of audit committee obtain or not; Valuation Report not disclosed for the proposed transaction. Governance Concern: Nomination of an observer will lead to the concentration of power at the board level.
4 for4 against
Mutual fund votes, meeting of 19 Sep 2024, 11 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended 31st March 2024, and Reports of the Directors’ and Auditors’ thereonMoreLess
10 for0 against- To appoint a director in place of Mr. Manav Thadani (DIN: 00534993), who retires by rotation and being eligible, offers himself for re-appointment10 for0 against
- To ratify the grant of ESOP options exceeding one percent of the issued capital of the Company
Against Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNon-Compliant with Rule 12 of Companies (Share Capital and Debentures) Rules, 2014: Not clear whether prior approval of shareholders obtained for grant of options beyond 1% of issued capital. Governance concern: Only three employees including Founder of the Company getting maximum benefit of total grant of options without compelling justification.
- Edelweiss Mutual FundWill lead to dilution of shares
6 for4 against
3 proposals not matched to one resolution
- Item 1, as a fund house numbered it1 for0 against
- Item 2, as a fund house numbered it
Against Taurus Mutual Fund
- Taurus Mutual FundWe have relied upon the auditors’ report, who have issued a qualified opinion regarding company’s internal financial controls with reference to financial statements in respect of General Information Technology Controls (GITCs) and automated Information Technology (IT) Application Controls over the Opera and Oasis application software, where applicable, were not operating effectively as on 31 March 2024. This could potentially result in understatement/ overstatement of revenue from operations in the Group’s consolidated financial statements. Further, the auditors note that the audit trail feature was either not enabled in certain instances or the auditor is unable to comment whether audit trail feature for the accounting software(s) operated by third-party software service providers.
0 for1 against - Item 3, as a fund house numbered it
Against Taurus Mutual Fund
- Taurus Mutual FundAshish Jakhanwala is the Founder, Chairperson, Managing Director and CEO. Gyana Das is Executive Vice President and Head of Investments. Rajat Mehra is the Chief Financial Officer. Ashish Jakhanwala, Gyana Das and Rajat Mehra were granted 2.3 mn, 1.08 mn and 1.08 mn stock options respectively in March 2023, prior to the company’s listing: the company’s shares listed on the stock exchanges in September 2023. The fair value of these options aggregate Rs. 335.2mn for Ashish Jakhanwala, and Rs. 157.2 mn for Rajat Mehra and Gyana Das. The stock options will vest over four years in equal tranches. We raise concern over the size of grants, which is considerable given the size of the company. We do not support ESOP grants that can be exercised at a deep discount to market price and carry time-based vesting, since these do not align with investor interests. ESOPs are ‘pay at risk’ options that employees accept at the time of grant, which is protected if the ESOPs are issued at significant discount to market price. We raise further concern that the designation of founder is not defined under regulations – as a result it allows founders to be granted stock options and they enjoy several rights of promoters without the corresponding legal responsibilities.
0 for1 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeIncome Tax DepartmentSince 23 Jan 2019Under Appeal
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
- 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
- Yes
- 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.
How money raised was used
The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.