Best Eastern Hotels Ltd(Best Eastern Hot) Corporate Action | India Infoline

Corporate Action

Action :

From Date:

To Date:

Purpose	AGM Date	Announcement Date	Book Closure Start Date	Book Closure End Date
AGM	18-Aug-2023	30-May-2023	-	-
Pursuant to the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulation) we wish to inform you that the Board of Directors at its meeting held on 30th May 2023 from 3:30 pm to 4:00 pm inter-alia have: Approved convening of the 80th Annual General Meeting of the Company for the financial year ended 31st March 2023 on Tuesday, 8th August 2023 5. Approved the revised notice convening the 80th Annual General Meeting of the Company for the financial year ended 31st March 2023 on Friday, 18th August 2023 (As per BSE Announcement Dated on 03/07/2023) Pursuant to Regulation 30 and Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) please find enclosed the Annual Report of Best Eastern Hotels Limited (the Company) for the FY 2022-23 along with the Notice of the 80th Annual General Meeting (AGM) scheduled to be held on Friday, 18th August 2023 at 01:00p.m. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM) facility in accordance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. The Remote e-Voting period will commence from Tuesday, 15th August 2023 (09:00 a.m.) and end on Thursday, 17th August 2023 (05:00 p.m.). The cut-off date for determining the eligibility of Members to vote by remote e-voting or voting at the AGM is Friday, 11th August 2023. (As Per BSE Announcement dated on 20.07.2023) Pursuant to Regulation 30 read with Regulation 47 of Listing Regulations, we herewith enclose the copies of newspaper advertisement published today i.e. July 21, 2023, in Finacial Express (English Newspaper) and Mumbai Lakshadeep (Marathi Newspaper) informing the members about the 80th Annual General Meeting of the Company scheduled to be held on Friday, 18th August 2023 at 01.00 PM (IST) through Video Conferencing/Other Audio Visual Means, dispatch of the Annual Report for the Financial Year 2022-23 and e-voting facility details. The said newspaper advertisements have also been uploaded on the website of the Company at www.ushaascot.com Kindly take the same on record. (As Per BSE Announcement Dated on 21.07.2023) Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulation 2015, we enclose the proceedings of the 80th AGM of the Company held on Friday, 19th August 2023 at 1:00 p.m. (IST) through Video Conference (VC)/ Other Audio Visual Means (OAVM) to transact the business as stated in the AGM Noticed dated 3rd July 2023 (Notice) (As Per BSE Announcement Dated on 19/08/2023) we are writing this letter to extend our sincere apologies for the inadvertent delay in submitting the proceedings of our 80th Annual General Meeting (AGM) held on 18th August,2023. Regrettably, we missed the deadline of 12 hours and submitted the report within 24 hours instead. As per notification placed on SEBI website dated 4th July, 2023 for the amendment of LODR, it was mention the following amendment would be applicable on the ninetieth day from the date of publication of notification on the official gazette, hence we interpreted that the 12 hours disclosure provision will not fall for our AGM dated 18th August,2023. we inadvertently missed the circular No. SEBI/HO/CFD//CFD-Pod-1/P/CIR/2023/123 issued on 13th July,2023 on SEBI Website. (As Per BSE Announcement Dated on 11/04/2024)

ATTENTION INVESTORS

Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.

ATTENTION INVESTORS

Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to Rs. 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.