Advent Hotels International Ltd

Advent Hotels International Limited (formerly Shiva Realtors Suburban Private Limited) – Intimation of Closure of Trading Window from 1 October 2026 for the Unaudited Financial Results for the 2nd Quarter and six months ending 30 September 2026; trading window to open 48 hours after the unaudited results are generally available in public domain.

AGM details

• AGM held on 29 September 2026 at 3:00 PM via video conferencing.
• Meeting concluded at 3:37 PM.

Resolutions put to vote

• Ordinary: adoption of audited financial statements and reports.
• Ordinary: re-appointment of director on rotation.
• Ordinary: appointment of new Managing Director and Chief Executive Officer.
• Special: increase in authorized share capital and alteration in Memorandum of Association.

Voting status

• Voting results will be declared on receipt of Scrutinizer's Report within two working days.

Directors & management changes

• Re-appointment of director on rotation approved.
• Appointment of new Managing Director and Chief Executive Officer approved.

Capital & MOA changes

• Increase in authorized share capital and alteration to Memorandum of Association.

Rajeev RA resignation

• Rajeev RA, Independent Director, resigns effective 25 September 2026.
• Reason: resignation; no other material reasons.
• Listed directorship: Authum Investment & Infrastructure Limited (Independent Director).
• Impact: vacancy created in Independent Director role.
• Date of cessation: close of business on 25 September 2026.

Encumbrance release details

• Before release: 21,70,000 promoter shares encumbered, 4.33% of total share capital.
• Encumbrance released in two tranches: 13,15,000 on 18 Aug 2026 and 8,55,000 on 19 Aug 2026.
• Total encumbered shares released: 21,70,000; pledged in favour of IDBI Trusteeship Services Limited.
• Lender/facility: HDFC Limited for MIG (Bandra) Realtors & Builders Private Limited.
• Promoter group involved: Sanjana Goenka and allied promoter entities.
• Reason: facility granted by lender; facility fully repaid.
• Post-release encumbrance: 0 shares; no promoter-pledge remaining.
• Corrected promoter-encumbered shareholding: 4.02% of total share capital.

Event overview

• Release of encumbrance on promoter shares of Advent Hotels International Limited.

Key details

• Company: Advent Hotels International Limited
• Encumbrance type: Pledge
• Shares encumbered: 10,90,529 (2.02% of total share capital) prior to release
• Promoter: Aseela Vinod Goenka
• Encumbrance in favour of: HDFC Limited Services Limited (share pledge for lender IDBI)
• Reason: Loan collateral
• Date of release: 19 August 2026
• End use of funds: not disclosed
• Post-release status: 0 shares encumbered (0%)

Additional notes

• Discrepancy corrected to 2.02% encumbered; filing clarifies rectification
• No change in control indicated; future encumbrance actions not specified

Key details

• Target: Advent Hotels International Limited (formerly Shiva Realtors Suburban Private Limited).
• Acquirer: Shruti Ahuja (Promoter Group).
• Transferor: Shravan Bali (Promoter Group).
• Transaction Type: Acquisition of 1,00,121 equity shares by gift off-market.
• Pre-holding: 2,57,26,068 voting rights; 47.69% diluted.
• Acquired: 1,00,121 voting rights; instrument: equity; mode: off-market gift; date: 04 September 2026.
• Post-holding: 2,56,03,447 voting rights; 0.23% of total; 47.46% diluted.
• Date of transaction: 04 September 2026.
• Share Capital Context: Before/after Rs. 53,94,28,870; no change; diluted after: Rs. 53,94,28,870.
• Encumbrances: 10,00,000 promoter/promoter group shares pledged; voting rights with pledge holders.

AGM details

• 20th AGM to be held on 29 September 2026 at 3:00 pm via electronic mode.
• Register of Members and share transfers closed 23–29 September 2026 for AGM.