Best Eastern Hotels Ltd — Updates, 01-07-2025: Company Update

Best Eastern Hotels Ltd. has announced a change in its board composition with the cessation of Mr. Mangal Shamji Chheda as an Independent Director due to the expiry of his term. Ms. Jenny Vijaykar has been appointed as an Additional Non-Executive Independent Director, subject to registration and shareholder approval. She brings entrepreneurial experience and business expertise. The Audit, Stakeholders Relationship, and Nomination and Remuneration Committees have been reconstituted to include Ms. Vijaykar. This update reinforces the company's governance framework and introduces fresh perspective at the board level.