UP Hotels Ltd

AGM Details

• AGM held on 29 Sep 2026 at 2:30 PM via VC/OAVM.
• Remote e-voting available 26–28 Sep 2026; Scrutinizer appointed.
• Two ordinary resolutions were placed: adoption of financials and director re-appointment.

Resolutions

• Adopt financial statements, Board's report, and Auditor's report for FY2025-26 — Ordinary.
• Re-appointment of Mrs. Supriya Gupta, retires by rotation, as director — Ordinary.

UP Hotels Limited trading window closed from 1 October 2026 till 48 hours after declaration of unaudited financial results for the quarter ending September 30, 2026.

Delisting postal ballot

• Purpose: extension of time for voluntary delisting of UP Hotels' equity shares from BSE.
• Resolution: Special resolution to approve extension; to be voted via remote e-voting.
• Publication: Newspaper notice dispatched; notice and explanatory statement on company site.

Resolution details

• Purpose: Special Resolution seeking In-Principle SEBI extension of time to complete voluntary delisting from BSE.
• Scope: authorize directors and company secretary to file and act on extension requests and related filings.
• Outcome: results not disclosed; e-voting runs Sept 15–Oct 14, 2026; results due Oct 16.
• Material impact: potential delisting could affect public shareholders exit options and liquidity.
• Promoter involvement: acquirers are promoter parties; no abstention status disclosed.

Key approvals and actions

• Board approved seeking shareholder approval via postal ballot for extension of time to comply with SEBI's delisting requirements.
• Postal Ballot Notice and explanatory statement to seek shareholder approval were approved.
• Authorized dispatch of the postal ballot notice to shareholders under applicable laws.
• Appointed Deepak Bansal as Scrutinizer for the postal ballot process.
• Fixed September 11, 2026 as cut-off date to record entitlement for e-voting.

UP Hotels: AGM notice and voting details

• 65th AGM scheduled for 29 September 2026 at 2:30 PM IST via VC/OAVM.
• Remote e-voting facility provided by NSDL; voting window before AGM.
• Record date for voting eligibility is 22 September 2026.
• Book closure from 22 September to 29 September 2026 (both days inclusive).
• Electronic notice and annual report will be sent to registered emails only.
• Official web links: hotelclarks.com and NSDL e-voting portal.
• Attendance via VC/OAVM will count towards quorum under Section 103 of the Companies Act.
• Remote e-voting starts 26 September 2026 at 9:30 AM IST and ends 28 September 2026 at 5:00 PM.
• Shareholders not registered with email can obtain login details from the company/RTA.

AGM Details

• AGM date and time: 29 September 2026 at 2:30 PM IST.
• Mode: VC/OAVM.
• Notice and Annual Report accessible online via web-link and QR code.

Financial highlights

• Revenue from operations (net): Rs 16,176.39 lakh in FY2025-26.
• Profit after tax: Rs 3,223.80 lakh; Total comprehensive income: Rs 3,180.57 lakh.
• Earnings per equity share: Rs 59.70.
• Revenue grew 5.79% year-on-year to 16,176.39 lakh.
• Operating margin 26.70%; net margin 19.12%.
• Return on equity stood at 15.12%.
• Portfolio comprises four Clarks hotels totaling 643 rooms across four locations.

Operational performance

• Occupancy declined by 3.64% in FY25-26.
• Rooms sold declined 6.42% year over year.
• Average room rate rose 7.50%; RevPAR fell 3%.

Dividend & capital allocation

• Dividend for year ended 31.03.2026: not proposed.
• No transfer to general reserve during the year.

Capital structure & liquidity

• Debt-equity ratio: 0.0010.
• Total borrowings: Rs 22.35 lakh.
• Current ratio: 3.40; liquidity comfortable.
• Cash and cash equivalents: Rs 1,895.46 lakh.
• Bank balances: Rs 1,341.97 lakh.
• Promoter shareholding: 88.39% of equity.

Governance & audit

• Statutory auditors: Satinder Goyal & Co.; Secretarial auditors: Deepak Bansal & Associates.
• Audit qualifications include MPS non-compliance and promoter dematerialization.
• Secretarial Audit notes MPS and demat non-compliance; RPTs pending approval.
• Board size five; independent directors include Justice Singh and Shankar Aggarwal.

CSR & sustainability

• CSR spend for year: Rs 76.00 lakh.
• CSR obligation: Rs 75.89 lakh; average net profit: Rs 3794.55 lakh.
• CSR projects: Saving injured animals (75.00 lakh) and disabled aids (1.00 lakh).
• CSR committee: Chair Shankar Aggarwal; members Supriya Gupta, Arjun Kumar.

Shareholder information

• 65th AGM on 29 Sept 2026 via VC/OAVM; cut-off 22 Sept 2026.
• Shareholding: Promoters hold 88.39%; 97.32% dematerialised.

AGM Details

• 65th AGM on 29 September 2026 at 2:30 PM via VC/OAVM.
• Cut-off date for voting: 22 September 2026.
• Remote e-voting window: 26–28 September 2026.
• Register of Members and Share Transfer Books closed 22–29 September 2026.
• Deemed venue: Registered Office.
• Notice and Annual Report circulated electronically to members.

Key Resolutions

• Adopt audited financial statements for the financial year ended 31 March 2026.
• Director re-appointment by rotation.

Financial results approved

• Board approved unaudited standalone results for quarter ended 30 June 2026.

Audit/review status

• Limited Review Report; no material misstatement; opinion not issued.

Regulatory/compliance notes

• Labour Codes impact recognized in employee benefits; rules yet to be notified.

Operational scope

• Single hotel business segment.

Promoter/disclosures

• Promoter disputes noted; management says no material financial impact.

Board meeting details

• Board meeting held 13 August 2026; quarter ended 30 June 2026.

Auditors

• Audit firm Satinder Goyal & Co. signed the Limited Review Report.