Speciality Restaurants Ltd

Rights issue and ownership update

• 65,961 SHIPL equity shares issued to Esensos Services and Solutions LLP at ₹838.57 per share.
• Total consideration: ₹5,53,12,916 for the rights issue.
• SHIPL's paid-up capital increased to ₹2,66,57,600.
• Speciality Restaurants Ltd now holds 51.21% of SHIPL's paid-up capital.
• SHIPL remains a subsidiary of Speciality Restaurants Ltd.

Meeting Details

• Date and time: Thursday, August 27, 2026, 4:00 p.m. IST.
• Type and mode: group meeting, physical at Corporate Office, Andheri West, Mumbai.
• Event: Analyst/Institutional Investor Meet; Organiser: Speciality Restaurants Ltd.

Participants

• Investor participants: Ace Lansdowne Investments Services LLP; Razdan Consulting.
• Company participants: not disclosed in filing.

Purpose

• Purpose: Analyst/institutional investor interaction.

Additional Notes

• Presentation will be hosted on the company's website.

AGM notice and key dates

• 27th AGM on Sept 11, 2026 at 4:00 PM IST via VC/OAVM.
• Notice and FY2025-26 Annual Report available on company website.
• Annual Report also available on BSE and NSE websites.
• Last date for TDS exemption forms: August 31, 2026.
• Record date for dividend entitlement: September 4, 2026.
• E-voting cut-off date: September 4, 2026.
• E-voting window: Sept 8, 2026, 09:00 IST to Sept 10, 2026, 17:00 IST.
• Dividend payment date: On or after September 14, 2026.

Overview

• Standalone BRSR for FY 2025-26 accompanying the annual report.
• Main activity: restaurants and confectioneries; 100% turnover from restaurant/mobile service.
• 121 plants and 2 offices in India; 3 international locations; 9 states and 3 countries.
• Exports amount to 1.04% of turnover.
• Reporting boundary is standalone.

Key ESG Risks & Opportunities

• Energy management: high energy use; LED lighting, efficient HVAC, induction cooking reduce consumption; mitigated by audits and maintenance.
• Waste management: hygiene risk; used cooking oil recycled to CPCB-certified processors; safe disposal of expiring confectionaries.
• Supply chain: environmental footprint risk; local sourcing and supplier verifications; inventory controls reduce impact.
• Health & safety: injury risk; SOPs, training, safety equipment; electrical safety audits and safety culture.
• Diversity & inclusion: opportunity to broaden talent pool by hiring differently-abled; enhances brand and staff morale.

Governance & Policy Highlights

• Board oversight: Managing Director oversees sustainability; CSR and Stakeholders Relationship Committees oversee ESG.
• Key policies: BR&S Policy, Code of Conduct, Vigil Mechanism; anti-corruption covered within governance framework.
• Value chain: policies do not extend to value chain partners.
• Certifications: FSSAI compliance; ISO-22000 at seven restaurants.
• Material events: POSH complaint; ICC complaint resolved; no penalties.
• Policy access: BR policy web link provided.

Social Responsibility & Workforce

• Total workforce: 2,570; permanent 2,512; 63 female; 24 differently-abled; 78 workers.
• Board female representation: 20%; Key Management 17%.
• Well-being: health/accident insurance; ESIC; Mediclaim; cost 0.35% of revenue.
• Safety: LTIFR nil; 100% health-safety assessments; OH&S system; safety training.
• CSR initiatives: Nutritional Health Clinic for 550 students and Child Development Centre for 200; all from vulnerable groups.
• Training coverage: Board 100%, KMP 100%, employees 80%, workers 95%.
• Accessibility: some facilities not fully accessible; steps underway to improve.

Environmental Performance

• Energy: total 98,410 GJ; non-renewable 98,398; renewable 12; intensity 2.17 GJ per lakh turnover.
• GHG emissions: Scope 1 3,996 tCO2e; Scope 2 8,528 tCO2e; total 12,524; PPP intensity 5.62.
• Water: withdrawal 29,586 kl; discharge 1,413 kl; intensity 0.65 kl per lakh turnover; PPP 13.27.
• Waste: total 1,175.83 tonnes; plastic 7.26; used oil 21.18; non-hazardous 1,147.39.
• Certifications: FSSAI compliance; ISO-22000 at seven restaurants.
• Solar: 20 kW plant at Delhi restaurant; LED and induction cooking deployed; zero-liquid-discharge not implemented.
• EPR not applicable; packaging uses reusable containers and paper bags.

Stakeholder Engagement & Complaints

• Stakeholders: investors, government/regulators, employees, customers, industry bodies, communities.
• Engagement channels: financial results, conferences, AGM, website; frequency varies annually/quarterly.
• Governance: Stakeholders Relationship Committee addresses grievances and informs policy decisions.
• Community engagement: NGO collaboration in Raigad for nutrition and health programs.
• Complaints: POSH handled via ICC; 76 consumer complaints resolved; 1 employee complaint; 1 shareholder complaint resolved.
• Data privacy/cybersecurity: policy exists; no data breaches reported.

Other Notable Metrics

• Related-party transactions: purchases 0.02% of total; investments 6.99%.
• Procurement from marginalized groups: ~17% of inputs by value.
• Affiliations: 2 trade associations; National Restaurant Association of India and Retailers Association of India.
• Business continuity: policy in place with annual testing.
• Green credits: Nil; product information includes allergens and nutrition details.

AGM Details

• 27th AGM on 11 September 2026 at 4:00 p.m. IST.
• Mode: VC/OAVM; proceedings deemed at the registered office.
• Record date for dividend entitlement: 4 September 2026.
• Dividend payout (if declared): 1 per equity share; payout after tax on 14 September 2026.

Key Resolutions

• Ordinary: Adopt standalone financial statements for FY ended 31 March 2026.
• Ordinary: Adopt consolidated financial statements for FY ended 31 March 2026.
• Ordinary: Declare dividend of 1 per equity share (10%).
• Ordinary: Re-appoint Avik Chatterjee as director, retiring by rotation.
• Ordinary: Re-appoint Aditya Ghosh as director, retiring by rotation.

Voting Results

• Voting results for the resolutions are not disclosed in this filing.

Dividend Details

• Dividend proposed: 1 per equity share (10%).
• Record date: 4 September 2026; payout after tax on 14 September 2026.

Director Changes

• Avik Chatterjee to be re-appointed; retiring by rotation; Whole-Time Director & CEO.
• Avik Chatterjee term: 2023–2028 (Feb 3, 2023 to Feb 2, 2028).
• Aditya Ghosh to be re-appointed; retiring by rotation; Non-Executive Non-Independent Director.
• Avik Chatterjee last drawn remuneration: 48,00,000 for FY2025-26.
• Aditya Ghosh last drawn remuneration: sitting fees 1,50,000; commission 2,00,000 for FY2024-25.

Financial Performance

• Q1 FY27 SSSG: 11.35% YoY.
• Gross margin: 71.1%, up 1.2pp from 69.9%.
• Delivery share: 29% of revenue; dine-in 71%.
• 20th profitable quarter in last 5 years.
• Three power brands to drive growth: Oriental, Italian, QSR.
• Kheer Kadam is hero product; promoted across stores.

Operating Update

• Delivery formats powered growth: Walters Burger, Haka, Sweet Bengal.
• Sweet Bengal shelf life extended to 30 days via packaging tech.
• Gas supply issues mitigated by induction cooking; shift to electricity-based ranges.
• Induction adoption improves raw-material efficiency and pricing flexibility.

Brand Strategy & Portfolio

• Brands consolidated into three verticals: Oriental, Italian (Siciliana), QSR.
• Phasing out older brands to focus on power brands.
• Gong liquor sales: 38%; Siciliana liquor: 25%.
• Delivery-led model enables multi-brand sales from same location.

Expansion & Economics

• Walters: 3 stores + 2 cloud kitchens now; 5 new Walters stores planned.
• Walters revenue share: 1.3% of quarterly revenue.
• Annual openings: 8–10 restaurants; Walters additions 10–15 planned.
• Not 32; 8–10 plus Walters.
• Mainland China Asia Kitchen renovations boosted throughput; Gong expansion progressing.

Financial Position & Outlook

• Cash on hand: INR 162 crores (as of last quarter).
• Demerger: Speciality Hotels India Private Limited; post-completion stake ~34% in demerged entity; timelines by FY end.
• July performance was strong; early August trends positive.

CGST Show Cause Notice

• Show Cause-cum-Demand Notice from CGST Kolkata for short payment under RCM and ITC irregularities.
• Total tax demanded Rs 1.80 crore, plus interest and penalty.
• Assessment period covered: FY 2021-22 to 2023-24.
• Company consulting tax advisors; evaluating remedies; will pursue legal remedies as advised.
• Notice received on August 11, 2026.
• No immediate impact on financials or operations.