Anastasia Oberoi Seeks Stay on AGM Agenda
ECONOMY & POLICY

Anastasia Oberoi Seeks Stay on AGM Agenda

Anastasia Oberoi has filed a legal plea seeking a stay on the agenda for the upcoming Annual General Meeting (AGM) of Oberoi Hotels & Resorts and Oberoi Properties. The move comes amid a dispute regarding certain corporate decisions and resolutions proposed for approval at the AGM. The petition, filed before the court, argues that some of the items on the agenda are not in the best interests of the company or its shareholders.

Anastasia Oberoi, who has significant stakes in the company, claims that the proposed resolutions could negatively impact the operations and governance of Oberoi Hotels & Resorts, one of India's leading hospitality chains. The request for a stay on the AGM agenda aims to prevent these items from being discussed or voted upon until further legal clarification is obtained.

The company, which is known for its luxury hotels and resorts across India and globally, has yet to comment on the legal proceedings. The development is seen as a critical moment in the ongoing governance discussions within the Oberoi group, and its outcome could affect shareholder relations, corporate strategy, and future decisions of the company.

Legal experts and industry analysts are closely watching the case, as it could set a precedent for corporate governance issues in large family-owned businesses. The court's decision regarding the plea for a stay will be pivotal in determining the course of action for the AGM and the company's future decisions.

Anastasia Oberoi has filed a legal plea seeking a stay on the agenda for the upcoming Annual General Meeting (AGM) of Oberoi Hotels & Resorts and Oberoi Properties. The move comes amid a dispute regarding certain corporate decisions and resolutions proposed for approval at the AGM. The petition, filed before the court, argues that some of the items on the agenda are not in the best interests of the company or its shareholders. Anastasia Oberoi, who has significant stakes in the company, claims that the proposed resolutions could negatively impact the operations and governance of Oberoi Hotels & Resorts, one of India's leading hospitality chains. The request for a stay on the AGM agenda aims to prevent these items from being discussed or voted upon until further legal clarification is obtained. The company, which is known for its luxury hotels and resorts across India and globally, has yet to comment on the legal proceedings. The development is seen as a critical moment in the ongoing governance discussions within the Oberoi group, and its outcome could affect shareholder relations, corporate strategy, and future decisions of the company. Legal experts and industry analysts are closely watching the case, as it could set a precedent for corporate governance issues in large family-owned businesses. The court's decision regarding the plea for a stay will be pivotal in determining the course of action for the AGM and the company's future decisions.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement