Juniper Hotels Appoints Mayur Chokshi as Independent Director, Pays ₹64,900 Fine
Juniper Hotels Limited has announced the appointment of Mr. Mayur Chokshi (DIN: 01238535) as an Additional Non-Executive Independent Director, effective December 18, 2025. This appointment follows a f...
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Why is Juniper Hotels Limited in the news today?
Juniper Hotels Limited (JUNIPER) is in the news due to the appointment of a new director is a positive development, but it is overshadowed by a fine for non-compliance, making the overall sentiment neutral.
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Juniper Hotels Appoints Mayur Chokshi as Independent Director, Pays ₹64,900 Fine
December 18, 2025, 06:00 AM
Juniper Hotels Limited has announced the appointment of Mr. Mayur Chokshi (DIN: 01238535) as an Additional Non-Executive Independent Director, effective December 18, 2025. This appointment follows a fine of ₹64,900 (including GST) levied by the National Stock Exchange of India Limited (NSE) and BSE Limited for non-compliance with Regulation 17 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, concerning the composition of the Board of Directors. The Board acknowledged the delay in compliance and assured that all efforts were made to appoint suitable candidates with relevant industry knowledge. The company has paid the fine within the prescribed timeline and emphasized its commitment to the highest standards of corporate governance, implementing adequate processes and controls to prevent future occurrences. The Board reiterated the importance of adhering to regulatory timelines.
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