Management Change20 May 2026, 04:41 pm
Benares Hotels: Moiz Miyajiwala Resigns as Independent Director
AI Summary
Mr. Moiz Miyajiwala has resigned from his position as an Independent Director of Benares Hotels Ltd, effective May 23, 2026, due to the prescribed age limit for Independent Directors. Consequently, he will also cease to be Chairman of the Nomination and Remuneration Committee & Audit and Risk Management Committee. The company acknowledged his valuable contributions. He also confirmed that there are no other material reasons for his resignation other than those mentioned in his resignation letter. He holds directorship in Oriental Hotels Limited as an Independent Director.
Key Highlights
- Moiz Miyajiwala resigned as Independent Director of Benares Hotels, effective May 23, 2026.
- Resignation is due to the prescribed age limit for Independent Directors.
- He ceases to be Chairman of Nomination & Remuneration and Audit & Risk Management Committees.
- Miyajiwala confirmed no other material reasons for his resignation.
- He holds directorship in Oriental Hotels Limited as an Independent Director.
Price Impact
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