Leela Palaces Hotels & Resorts Ltd

AGM notice and access

• AGM on 4 September 2026 at 11:00 IST via VC/OAVM.
• Electronic AGM notice and FY2025-26 Annual Report emailed to registered addresses.
• Access links provided on company website and NSDL/BSE/NSE portals.
• Letters were sent to shareholders with unregistered email addresses.

E-voting schedule

• E-voting starts 31 August 2026 at 9:00 AM IST.
• E-voting ends 3 September 2026 at 5:00 PM IST.
• Cut-off date for e-voting is 28 August 2026.
• Links to e-voting portals: NSDL, BSE, NSE.

Shareholder communications

• Registrar and Transfer Agent: KFin Technologies for physical requests.

Overview

• Consolidated BRSR for FY2025-26 covering Leela hotels and select subsidiaries.
• Main activity: accommodation and food service; 100% turnover from hotels.
• Reporting boundary includes parent and key operating subsidiaries; Leela Coorg Sanctuary excluded.
• Independent assurance provided by TÜV SÜD South Asia on BRSR Core indicators.
• Mindful Luxury ESG framework with four pillars; 2030 and Net Zero 2050 targets.
• Board oversight via ESG Core Committee; cross-functional ESG Core governance structure.
• Six hotels in India across seven states and one Union Territory.
• Certifications: ISO 9001, 14001, 45001; IFC EDGE Advanced; IGBC Platinum.
• Net Zero by 2050; 75% renewable electricity by 2030; 50% wastewater recycled; Zero Waste to Landfill.
• Board diversity: 25% women on Board; 100% Board-level independent chairs.

Key ESG Risks & Opportunities

• Climate change risk to operations; mitigated via Net Zero 2050 and 75% renewable electricity by 2030.
• Water stress risk; mitigated by STPs, rainwater harvesting, AWS membership, and Digital Paani.
• Circular economy opportunity through 4R framework and Net Zero Waste to Landfill.
• Sustainable infrastructure boosts efficiency; certifications strengthen brand credibility.
• Workforce inclusion机会 through Equal Opportunity policies and programs like Shefs at The Leela.
• Human rights and supply chain risk; mitigated via Human Rights Policy and Supplier ESG Code.
• Health and safety risk; managed by Zero Harm framework and ISO 45001 alignment.
• Community welfare opportunity through Bal Mitra Gram, Sea Turtle, Threads of Tradition programs.
• Responsible sourcing risk from supplier capacity; diversification and MSME partnerships to enhance resilience.

Governance & Policy Highlights

• Executive Leadership Team oversees sustainability; ESG Core Committee chaired by AVP ESG.
• Policies include Anti-Bribery & Anti-Corruption; Human Rights; Equal Opportunity; Whistleblower/ POSH.
• ABAC policy with zero-tolerance; related policies approved by the Board.
• ISO 9001/14001/45001; IFC EDGE Advanced; IGBC Platinum; AWS and GTPI memberships.
• GST-related penalties paid; Chanakya, Udaipur and Chennai cases disclosed.
• Independent assurance by TÜV SÜD on core indicators; limited assurance on non-core indicators.
• 11 trade associations affiliated; governance includes Board oversight of NGRBCs.
• Training: Board 12 programs; KMP 6 programs; employees 17,337; workers 40,975 trained.
• Annual anti-corruption policy web link and related party transactions policy in place.

Social Responsibility & Workforce

• Total permanent employees: 1,007; total workers: 1,790; differently abled: 9 workers.
• Board female representation: 25%; KMP female: 33%; overall female workforce ~24%.
• Well-being spend: 3% of revenue; health insurance coverage; Amaha wellbeing support.
• LTIFR: 0 for both employees and workers; injuries: 30 for workers, none for staff.
• CSR reach: over 43,301 community members; programs include Bal Mitra Gram and Sea Turtle.
• Women artisan partnerships: 1.89 lakh jute bags from Jodhpur women artisans.
• Phool Flowercycling upcycled 9 MT floral waste; 70% of rural workforce supported.
• Training: 12 board trainings; 6 KMP trainings; 17,337 employees; 40,975 workers trained.

Environmental Performance

• 67% of electricity from renewable sources; total renewable energy capacity 20.25 MWp.
• Total energy: 232,940 GJ; non-renewable energy: 126,068 GJ; intensity 15.25 GJ/INR mn.
• Scope 1: 9,418 tCO2e; Scope 2: 10,171 tCO2e; total 19,589 tCO2e.
• GHG intensity: 1.28 tCO2e/INR mn; PPP intensity 26.09 tCO2e/USD mn.
• Water withdrawal: 588,445 KL; consumption: 532,036 KL; intensity 34.84 KL/INR mn.
• Waste generated: 2,651.93 MT; plastics 280.39 MT; recycled 2,229.65 MT; landfilled 391.96 MT.
• IGBC Net Zero Waste to Landfill; 67% renewable energy; PAT energy efficiency targets by property.
• Waste reforms include in-house OWCs; GTPI plastics initiative; Aujasya in-house bottling.

Stakeholder Engagement & Complaints

• Stakeholders: guests, employees, investors, government, local communities; continuous engagement.
• Shareholders filed 5 complaints; 0 pending; investors/other groups reported as NA or 0.
• Whistleblower/Vigil mechanism; Ethics Point and toll-free hotline for confidential reports.
• NPS score 86 (FY2026); guest feedback platforms and LQA/mystery audits to improve service.
• Community grievances and stakeholder input reviewed by Board/Committees for material decisions.

Other Notable Metrics

• Local procurement: 85% Indian suppliers; 46% MSMEs; 22% inputs sustainably sourced by value.
• RPTs: related-party sales 0.04% of total; loans/investments with related parties 100%.
• Cybersecurity framework with policies; zero data breaches in FY2025-26; EthicsPoint platform available.
• PAT Cycle energy targets: Bengaluru, Delhi, Udaipur, Chennai achieved various SEC levels.
• Green credits: none; no material green credits generated or procured.

Financial performance

• Revenue from operations ₹15,272.90m (FY26)
• PAT ₹4,030.33m; EPS ₹12.43 (FY26)
• EBITDA ₹8,133.42m; margin 50.90% (FY26)

Capital structure & liquidity

• Total borrowings ₹15,568.18m; non-current ₹13,153.37m; current ₹2,414.81m
• Net debt to equity 0.24x; cash ₹996.73m; bank balances ₹1,858.97m

IPO proceeds & deployment

• IPO net proceeds ₹23,644.02m; ₹23,000m used to repay borrowings; ₹644.02m for corporate purposes

Strategic developments & acquisitions

• Acquisitions under common control totaling ₹46,599.49m across Schloss Chanakya and Leela assets
• Moonburg–Tulsi merger approved by NCLT (Aug 13, 2024); appointed date 27 May 2023
• Inter-company balances settled; common-control equity adjustments

Post-year developments

• Leela BKC Holdings subscribed ₹1,200m NCB (7 Apr 2026); IPO proceeds fully utilized

Meeting Details

• Date: 13 August 2026; Event: Equirus India Growth Summit; Type: One-to-One/Group; Mode: Physical; Mumbai
• Company representatives: management team to attend for investor interaction
• Purpose: Analyst/Institutional Investor Meet
• Materials: presentation to be available on the company website

AGM Details

• Seventh AGM scheduled for Friday, 4 September 2026 at 11:00 AM IST via VC/OAVM.

Target overview

• Buildminds Real Estate Private Limited, hotel and resort developer in India.
• Turnover FY24-FY26 Nil.

Transaction nature

• Related party transaction as Buildminds is a subsidiary.
• Investment to be conducted at arm's length under LODR.

Funding and use of proceeds

• Fund capital requirements for construction of a 5-star Ayodhya hotel.
• Funding through CCPS in one or more tranches.
• Cash consideration for CCPS.
• Total proposed investment up to Rs 185 crore.

Governance and control

• Leela holds 76% of Buildminds' equity; no change in control expected.

Regulatory and timeline

• Regulatory approvals: Not Applicable.
• Investment to be completed by FY2028-29.

Target background and presence

• Incorporation: Buildminds on 23-Apr-2024, Mumbai.
• Presence: India.

Meeting Details

• Event: Q1 FY27 Earnings Conference Call.
• Date: July 31, 2026; time not disclosed.
• Mode: Virtual group call.
• Organizer: Leela Palaces Hotels & Resorts Limited (IR).

Participants

• CEO: Whole-time Director and Chief Executive Officer.
• CFO: Head of Asset Management and Chief Financial Officer.
• Investor Relations: Senior Vice President Financial Planning & Analysis and Investor Relations.

Purpose

• Discuss Q1 FY27 earnings and operating performance.
• Earnings results discussion with Q&A session.

Availability

• Recording of the call is available.
• Transcript and investor presentation published on IR site and stock exchanges.

Meeting Details

• Aug 10, 2026 — Nirmal Bang Institutional Equities - Semi-Annual Investor Conference; physical group meeting in Mumbai.
• Sept 2, 2026 — Ashwamedh – Elara India Dialogue 2026; physical group meeting in Mumbai.
• Sept 17, 2026 — Jefferies 5th India Forum; physical group meeting in Gurgaon.
• Company management representatives will attend these investor conferences.