Based on the recommendations of the Nomination and Remuneration Committee, the Board of Directors of Asian Hotels (North) Limited in its meeting held on 23" October, 2021 has appointed Mr. Amritesh Jatia (DIN: 02781300), as the Managing Director of the Company for a term of five consecutive years from October 23, 2021 to October 22, 2026, not liable to retire by rotation, subject to the approval of the shareholders at the forthcoming General Meeting.