Best Eastern Hotels Ltd — Others, 05-08-2025: Others

Best Eastern Hotels Ltd. announced its upcoming Annual General Meeting to approve annual financial results. For the last financial year, total revenue increased to 6.376 Cr from 6.221 Cr, but profit before tax dropped significantly to 0.003 Cr from 0.222 Cr, mainly due to higher input costs. No dividend was proposed for equity shares, but 0.12 Cr dividend was declared on preference shares. Shareholders will also consider re-appointing Mrs. Neelam D. Kothari and appointing Ms. Jenny Vijaykar as a new Independent Director. A past delay in appointing a Company Secretary was noted and resolved. The company highlights strong hospitality sector recovery and positive outlook for its Matheran hotel.