Pecos Hotels and Pubs Ltd

Related party transaction

• Board approved related party transaction with GSK Enterprises Private Limited on Sept 30, 2026.

AGM Details

• Date/time: 25 September 2026, 11:00 AM IST; mode: remote e-voting and physical poll.
• Venue: No. 139, Guardian House, Infantry Road, Bangalore.

Key Resolutions

• Resolution 1 (Ordinary): Adoption of Audited Financial Statements for year ended 31 March 2026.
• Resolution 2 (Ordinary): Declaration of final dividend of Rs 4 per share.
• Resolution 3 (Ordinary): Re-appointment of Liam Norman Timms as Director liable to retire by rotation.
• Resolution 4 (Special): Approval of remuneration to Liam Norman Timms, Whole Time Director.
• Resolution 5 (Special): Approval of remuneration to Pradosh Dhanraj Fal, Director.

Voting Results

• Resolutions 1-3 passed as Ordinary resolutions with requisite majority.
• Resolutions 4-5 passed as Special resolutions with three-fourths majority.

Dividend

• Final dividend of Rs 4 per equity share declared.

Director Changes

• Liam Norman Timms re-appointed as Director liable to retire by rotation.
• Remuneration approved for Liam Norman Timms, Whole Time Director.
• Remuneration approved for Pradosh Dhanraj Fal, Director.

AGM details

• Date/time/mode: 25 Sep 2026, 11:00–11:19 IST, physical AGM.
• Remote e-voting window: 22–24 Sep 2026.

Key resolutions and outcomes

• Adopted Audited Financial Statements for year ended Mar 31, 2026; resolution passed.
• Declared final dividend of Rs 4 per equity share; resolution passed.
• Re-appointment of Liam Norman Timms as Director liable to retire by rotation; resolution passed.
• Remuneration for Liam Timms: Rs 1,42,000 per month; w.e.f. Apr 1, 2026; approved.
• Remuneration for Pradosh Dhanraj: Rs 75,500 per month plus Rs 6,000 travel allowance; approved.

Director changes

• Re-appointment of Liam Norman Timms as Director liable to retire by rotation.

Pecos Hotels and Pubs Ltd trading window closed from Oct 1, 2026 till 48 hours after the unaudited half-year results for the period ended Sep 30, 2026 are made public

Price movement and disclosures

• Audited financial results for the financial year ended March 31, 2026 disclosed to the stock exchange.
• No other material events or developments exist that could affect price movement as of date.
• There is no undisclosed material information or event requiring disclosure under Regulation 30 of SEBI LODR.
• Company will continue to comply with SEBI LODR and make requisite disclosures as required.

Financial highlights

• FY26 revenue from operations: 1,196.77 Lakh; up from FY25.
• Total revenue: 1,227.67 Lakh; year-on-year rise.
• PAT: 164.03 Lakh; EPS: 12.52.
• Final dividend proposed: ₹4 per equity share.
• Reserves and surplus rose to ₹64,557.06 Lakh.

Operations and growth

• Four Bengaluru outlets focused on efficiency improvements.
• Company operates a single restaurant/pub segment in Bengaluru.
• Outlook: cautious growth trajectory with Bengaluru expansion potential.
• Risks include Middle East crisis and commodity price pressures.

Dividend and cash flows

• Final dividend to be paid within 30 days of AGM.
• Dividend record date: 18 Sep 2026.
• Net cash from operating activities: ₹18.83 Lakh; year-end cash balance ₹524.90 Lakh.

Capital structure & liquidity

• Debt remains nil; liquidity strengthened.
• Cash and cash equivalents: ₹524.90 Lakh as of 31-Mar-2026.

Governance & controls

• Board: five directors, three independent, one woman.
• CS Neelam Kumari appointed May 2026; Rajiv Sharma ceased Apr 2026.
• Statutory auditor: Phillipos George & Co; no qualifications.

Related party disclosures

• Related party transactions include leasing by relatives: ₹1,96,530 per month.
• Leases with M/s. GSK Enterprises: ₹1,11,230 per month.
• All related party transactions are at arm's length.

Risks & outlook

• Ongoing Middle East crisis and potential commodity price rises.
• Internal controls are robust; whistle-blower policy in place.
• Management remains cautiously optimistic on Bengaluru expansion.

AGM resolutions

• Adopt Audited financial statements for the year ended 31 March 2026.
• Declare final dividend of Rs 4 per equity share.
• Re-appoint Liam Norman Timms as a Director liable to rotation.
• Approve remuneration for Liam Norman Timms, Whole Time Director, from 01-Apr-2026.
• Approve remuneration for Pradosh Dhanraj, Director, from 01-Apr-2026.
• Board authorized to file necessary e-forms to give effect.
• Remuneration terms to comply with applicable provisions of the Companies Act.

Dividend and governance details

• Record date for dividend: 18 September 2026.
• Dividend payout to occur within 30 days of AGM if approved.
• E-voting window opens 22 September 2026, closes 24 September 2026.
• TDS on final dividend: 10% with PAN; 20% without PAN.
• Non-residents: 20% or treaty rate with TRC/Form 41.
• PAN/KYC updates required; updates to be provided to RTA/DP.
• Dividends paid electronically; physical shares require KYC.
• Record date and cut-off for e-voting: 18 September 2026.

Appointment for AGM Scrutinizer

• Appoints Pramil Dev as Scrutinizer for E-Voting and Physical voting at the 21st AGM on 25 Sept 2026.
• Consent and appointment letters attached; Scrutinizer is a Practicing Company Secretary with membership A26632.
• AGM for FY ended 31 March 2026 to have votes counted via CDSL e-voting.