Juniper Hotels seeks shareholder nod for director remuneration

Juniper Hotels Limited has announced a postal ballot to seek shareholder approval for the payment of remuneration/commission to Rajiv Kaul, a non-executive independent director. The proposed payment amounts to INR 7.5 lakhs per month, aggregating to INR 30 lakhs (Net) for the period from November 10, 2025, to March 9, 2026. This remuneration is a one-time, event-based payment and falls within the overall maximum limit of 1% of the company's net profits for the financial year 2024-25.

The e-voting period for this special resolution will commence on Tuesday, November 25, 2025, at 9:00 a.m. IST and conclude on Wednesday, December 24, 2025, at 5:00 p.m. IST. The company has engaged National Securities Depository Limited (NSDL) to facilitate the e-voting process. Results of the remote e-voting will be announced within two working days from the closure of the e-voting period.

Kaul, a valued member of the Risk Management Committee, will contribute strategic insights in areas such as risk framework enhancement, mitigation planning, monitoring emerging risks, human capital risk, operational risk management, and risk reporting. His role is confined to risk oversight and does not extend to executive, operational, or direct advisory functions within the company.