TGB Banquets And Hotels Limited — Important, 21-01-2025: General Updates

The Board of Directors of TGB Banquets and Hotels Limited has re-appointed Mr. Mansukhlal A. Nakrani as an Independent Director for a second consecutive term of five years, effective from January 23, 2025, pending shareholder approval. Mr. Nakrani has extensive experience in professional services, having practiced as a Company Secretary since 2002. He is a Fellow Member of The Institute of Company Secretaries of India and holds degrees in Commerce and Law. His re-appointment is expected to strengthen the board's expertise, given his background in corporate governance and project finance. Investors should view this move positively, as it could enhance the company's strategic direction and oversight in upcoming ventures.