Best Eastern Hotels Ltd — Important, 20-03-2026: Company Update

Best Eastern Hotels Ltd. has announced the passing of Mrs. Meena Kothari, a company promoter. She held 42,50,000 equity shares, accounting for 25.22% of the paid-up capital. Her demise means she is no longer a promoter. The company noted she was not involved in its daily management or decision-making. Despite an initial assessment of non-materiality, this information was disclosed for governance transparency and investor awareness. The transmission of her shares will be carried out in due course as per legal requirements.