Pursuant to the recommendation of Nomination and Remuneration Committee, Advani Hotels and Resorts (India) has informed that the Board of Directors approved the re-appointment of Sunder G Advani as Managing Director and Haresh G Advani as Executive Director for a period of 5 years with effect from March 1, 2018 subject to the approval of the shareholders. An extra-ordinary general meeting of the shareholders of the company will be convened on Monday, March 19, 2018 at Mumbai to seek the approval of the shareholders for the above proposals.
The above information is a part of company’s filings submitted to BSE.