Benares Hotels’ board adds a director and notes a resignation as it takes September-quarter results on record

Benares Hotels Limited has told BSE that its board, at a meeting on 16 Oct 2026, considered and took on record its unaudited, reviewed financial results for the quarter and half year ended 30 Sep 2026, together with the auditors’ limited review report. The meeting followed the company’s letter of 9 Oct 2026.

The board approved the appointment of Mr. Satyajeet Krishnan as an Additional Non-executive, Non-Independent Director with effect from 16 Oct 2026.

The board also noted the resignation of Mr. Rohit Khosla, a Non-executive, Non-Independent Director, with effect from the close of business on 16 Oct 2026. The filing gives his reason as other business commitments and pre-occupations.

The statutory auditors, PKF Sridhar & Santhanam LLP, reviewed the results and said nothing had come to their attention that caused them to believe the statement was not prepared in line with the applicable accounting standards. A review gives less assurance than an audit.

Inference

The results are described as unaudited and reviewed. The filing notes that a review gives less assurance than an audit, so they have not been audited. The figures themselves are in the results statement, which shareholders can read for the detail.

The board has added a director and noted the resignation of another, so the board’s composition changes, though its size is not stated. The resigning director’s stated reason is other business commitments. The filing does not state any change in the company’s strategy or operations as a result of these changes.