Graviss Hospitality Ltd

GRAVISS HOSPITALITY LTD trading window closed from 01 October, 2026 and will remain closed till 48 hours after the declaration of Un-audited Financial Results of the Company for the Quarter ending 30 September, 2026.

Observations

• No AGM details or resolutions disclosed in the provided excerpt.

AGM Details

• AGM scheduled for 23 September 2026 at 12:30 p.m. IST.
• Meeting to be held via video conferencing/other audio-visual means.

Key Resolutions

• Adopt audited standalone and consolidated financial statements for the financial year.
• Re-appoint a director retiring by rotation.

Voting Status

• Voting results not provided in this notice.
• Cut-off date for e-voting: 16 September 2026.
• Remote e-voting period: 20–22 September 2026.

Director Changes

• Director retiring by rotation to be re-appointed.

Other AGM Information

• Proxy facility not available due to VC/OAVM.
• E-voting and InstaVote processes described in notice.

Financial snapshot

• Standalone revenue from operations: Rs 6,127.91 lacs for FY2025-26.
• Standalone total income: Rs 6,187.19 lacs; up 7.47% YoY.
• Standalone PAT: Rs 324.44 lacs; declined from prior year.
• Consolidated revenue from operations: Rs 6,310.68 lacs.
• Consolidated PAT: Rs -65.60 lacs.
• EPS Standalone: Basic 0.46; Diluted 0.46.
• EPS Consolidated: Basic -0.09; Diluted -0.09.
• Total assets Standalone: Rs 24,568.53 lacs; Consolidated assets not shown here.
• Net cash from operating activities: Rs 1,056.46 lacs.

Dividends & capital allocation

• Dividend not declared for FY2025-26.
• Reserves transferred: NIL.

Subsidiaries & investments

• Three wholly-owned subs: Graviss Catering, Graviss Hotels & Resorts, Graviss Restaurants.
• Graviss Hotels & Resorts Limited is a material unlisted subsidiary.
• Subsidiaries 2025-26 results: GH&R PAT -154.80; Catering PAT 0.04; Restaurants PAT -235.28.
• Management notes accumulated losses in subsidiaries but вед no impairment; going concern maintained.
• Annexure AOC-1 includes subsidiary details.

Board & governance changes

• Ravi Ghai ceased as Non-Executive Chairman from 22 May 2026.
• Romil Ratra re-appointed Whole-time Director for five years from 1 March 2026.
• Amrit Mirpuri appointed Additional Director from 1 June 2026; regularized.
• Independent Directors reaffirmed independence; no material changes.

Audit & governance

• Statutory auditors: M/s A.T. Jain & Co; unmodified opinion issued.
• Internal auditors: M/s V. Sankar Aiyar & Co.
• Secretarial auditors: Ferrao MSR & Associates; Secretarial report annexed.
• Audit Committee: three independent directors; oversight of financial disclosures.

Related party transactions

• All related party transactions are conducted at arm's length.
• Audit Committee reviews and approves RPTs; disclosures in Note 42.
• Significant RPTs include Graviss Foods, Crossword Beverages, and related entities.

CSR & ESG

• CSR under Section 135; Graviss Hospitality spent Nil in 2025-26.
• CSR policy and projects disclosed on company website.
• CSR committee constituted; previous year's CSR outlay disclosed.

Outlook & risk

• Indian hospitality sector expected to grow; focus on digital guest experiences.
• Labour Codes impact recognized as exceptional: Rs 26.79 lacs.
• Group monitors macro risks and SeBI/Regulatory developments to manage value.

Audit flags and governance notes

• Emphasis of matter: accumulated losses in subsidiaries; no impairment.
• Notes to financial statements detail significant accounting policies and risk management.

AGM and Book Closure Details

• 65th AGM scheduled for 23 September 2026 at 12:30 PM IST via VC/OAVM.
• Register of Members and share transfer books will remain closed from 17 September 2026 to 23 September 2026.
• Record date for AGM attendance falls during the closure period.

Director appointment

• Appointment of Mr. Amrit Mirpuri as Non-Executive, Non-Independent Director approved by postal ballot.
• Date of appointment: 01 June 2026; shareholders approval: 10 August 2026.
• Remote e-voting conducted 11 July to 10 August 2026.
• Candidate has ~35 years’ experience in real estate development and construction management.
• Filing complies with Regulation 30 of SEBI LODR and MCA guidelines.
• No material financial impact disclosed.

Director Appointment

• Ordinary resolution to appoint Mr. Amrit Mirpuri as Non-Executive, Non-Independent Director.
• Approved: 33,667,821 in favour, 290 against; 33,668,111 polled (47.74% of shares).