H S India Ltd

AGM notice and report access

• 37th AGM scheduled for 11 September 2026 at 10:30 a.m. via VC/OAVM.
• Electronic AGM notice and FY2025-26 annual report sent to registered email IDs.
• Report accessible via HS India website and NSDL/BSE portals.

E-voting timeline

• Cut-off date for e-voting: 4 September 2026.
• E-voting starts 8 September 2026 at 9:00 a.m. IST; ends 10 September 2026 at 5:00 p.m.

KYC and notices

• Shareholders without registered emails should register with DP or RTA.
• KYC update reminder under SEBI circular 2024-27; dematerialization of physical securities advised.
• Physical copies of the report available on request via email.

AGM Details

• AGM on 11 September 2026 at 10:30 IST via VC/OAVM
• Remote e-voting window: 8 September 2026 09:00 to 10 September 2026 17:00
• Cut-off date for voting: 4 September 2026
• Deemed venue: Company's registered office
• Proxies not allowed; meeting via VC/OAVM

Resolutions

• Ordinary: Adoption of financial statements for year ended 31 March 2026
• Ordinary: Re-appointment of Ramesh Radheyshyam Bansal, retiring by rotation
• Ordinary: Appointment of M/s R. M. Hariyani & Co as statutory auditors for 5 years
• Ordinary: Material related party transactions with LIHL up to Rs 395 Lakhs for 2026-27; arm's length

Auditor & Director Changes

• Proposed statutory auditor remuneration: Rs 1,75,000 per annum plus out-of-pocket
• Remuneration last drawn by MD/CFO: Rs 2,00,000 per month

Related Party Transactions

• Counterparty: Lords Ishwar Hotels Limited (LIHL)
• Nature: Purchase of foreign liquor and wine
• Aggregate value: Rs 395.00 Lakhs
• Period: 2026-27; omnibus approval sought
• RPT as % of turnover: 15.14%

Financial highlights

• Total income FY2025-26: Rs 2,659.20 lakh.
• Revenue from operations: Rs 2,609.00 lakh.
• Net profit after tax: Rs 162.12 lakh.
• Earnings per share: Rs 1.00 (basic).
• Profit before tax: Rs 214.48 lakh.
• Dividend: No dividend recommended.
• Current tax Rs 62.36 lakh; Deferred tax Rs (10.00) lakh.
• Total income declined year-on-year to 2,659.20 lakh.

Capital structure & liquidity

• Equity share capital: Rs 1,623.84 lakh.
• Long-term borrowings: Rs 867.00 lakh.
• Short-term borrowings: Rs 360.78 lakh.
• Total borrowings: Rs 1,251.46 lakh.
• Debt-to-equity ratio: 0.37.
• Current ratio: 6.19.
• Cash and cash equivalents: Rs 508.51 lakh.
• Net cash from operating activities: Rs 460.68 lakh.

Related party transactions

• Material RPT with Lords Ishwar Hotels Limited approved for 2026-27; aggregate Rs 395.00 lakh.
• RPT value equals 15.14% of company turnover.
• RPT equals 53.63% of LIHL turnover.
• Audit Committee and Board authorize and review RPTs quarterly.

Auditors & internal controls

• Auditor appointment: M/s. R. M. Hariyani & Co. for five years (2026-31).
• Remuneration: Rs 1,75,000 per annum plus expenses.
• Audit Committee to finalize terms; board authorized to execute contracts.
• Secretarial auditor: Manish R. Patel; 5-year term to 41st AGM.
• Internal financial controls: adequate and operating effectively.

Board governance & meetings

• Board size: six directors; 2 executive, 1 woman non-exec, 3 independent.
• Four board meetings held in 2025-26.
• Audit Committee: 4 meetings; Nomination & Remuneration: 2; Stakeholders: 4; Risk: 2.
• Independent Directors familiarisation program completed; details on company website.
• Sitting fees: non-exec directors not paid; no material pecuniary interlocks.

Energy, risk & governance

• Energy conservation: PNG, solar water heating, DG backup.
• POSH compliance; Vigil Mechanism/Whistle Blower policy in place.
• Policy on related party transactions published on company website.

Outlook & risks

• Outlook: hospitality sector growth aided by government tourism policies and UDAN connectivity.
• Risks: geopolitical tensions and cyber security threats; industry volatility acknowledged.

Statutory Auditor Term Expiry

• Expiry of term of K. K. Haryani & Co. as Statutory Auditor at AGM 11 Sep 2026.
• They are not eligible for re-appointment after expiry.

Key quarterly financials

• Quarter ended 30-06-2026: revenue from operations 842.00; total revenue 850.33.
• Net profit after tax for the quarter: 29.78; basic EPS 0.18.
• Profit before tax 49.36; tax 19.58; resulting net profit 29.78.
• Single segment: Hotelier.
• Board approved standalone unaudited results; Limited Review Report noted.
• AGM fixed for 11 September 2026 via video conference.
• Total expenses 800.97; major items include purchases 189.23 and employee benefits 166.02.
• Unaudited results reviewed by statutory auditors; no audit opinion expressed.
• Notes: results prepared under Ind AS; available on BSE and hsindia.in.

Meeting Details

• Date and time: 6 August 2026, 11:00 a.m.
• Venue: Registered office, Unit No. 202, Morya Blue Moon, Andheri (W), Mumbai.

Key Agenda Items

• Consider and approve unaudited standalone results for quarter ended 30 June 2026.
• Consider and approve Board's Report for year ended 31 March 2026, with annexures.
• Fix day, date and time of 37th Annual General Meeting.

Other Notes

• Trading window has been closed from 01 July 2026.

Dematerialisation/rematerialisation status

• No dematerialisation requests were received during the period.
• Certificate under Reg 74(5) received from registrar and transfer agent.