StockWatch
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Hotels & Resorts
Promoter Reclassification20 Mar 2026, 07:01 pm

Demise of Promoter - Mrs. Meena Kothari of Best Eastern Hotels Ltd

AI Summary

Best Eastern Hotels Ltd has announced the demise of its promoter, Mrs. Meena Kothari, on 30th November, 2025. She held 25.22% of the paid-up equity share capital of the Company. The Company expresses its deep condolences and will carry out the transmission of shares in due course. The event was initially considered non-material but was disclosed for governance transparency and investor awareness.

Key Highlights

  • Mrs. Meena Kothari, a Promoter of Best Eastern Hotels Ltd, passed away on 30th November, 2025.
  • She held 25.22% of the paid-up equity share capital of the Company.
  • The Company will carry out the transmission of shares in due course.
  • The event was initially considered non-material but was disclosed for governance transparency and investor awareness.