Viceroy Hotels Ltd

Viceroy Hotels Ltd trading window closed from 01.10.2026 till 48 hours after the declaration of standalone and consolidated unaudited Financial Results for the Quarter and half year ending 30.09.2026

Promoter stake change via rights issue

• Target Company: Viceroy Hotels Limited.
• Disclosing Party: Loko Hospitality Private Limited (promoter group).
• Transaction Type: Rights issue-driven dilution; no promoter acquisition/disposal.
• Pre-transaction holding: 5,68,42,105 shares (84.11% VR).
• Transaction Details: Rights Issue; 92,03,008 equity shares allotted to public; promoter no change.
• Post-transaction holding: 5,68,42,105 shares (74.03% VR).
• Date of transaction: 18-09-2026.
• Share capital context: before 67,57,89,480; after 76,78,19,560; diluted 76,78,19,560.

Rights issue allotment

• Allotment of 92,03,008 rights equity shares at Rs 115 each approved.
• Post-rights paid-up capital: 7,67,81,956 shares; Rs 76,78,19,560.

Litigation Update

• Telangana High Court set aside the cross-subsidy demand of Rs. 3,55,99,834; immunity under Section 32A of IBC.

AGM Details

• Date and time: 10 September 2026 at 11:00 A.M. IST, via VC/OAVM.
• Mode: Video Conference / Other Audio Visual Means.

Key Resolutions & Voting

• Resolution 1 (Ordinary): Adopt standalone and consolidated financial statements; Passed with 99.98% in favour.
• Resolution 2 (Ordinary): Re-appointment of director retiring by rotation; Passed with 99.98% in favour.

AGM details

• Date and time: 10 September 2026 at 11:00 A.M. IST via VC/OAVM.
• Mode: VC/OAVM.
• Quorum: 71 members attended through VC.
• Meeting concluded: 11:30 A.M. (excluding voting period).
• Voting entitlement cut-off: 04 September 2026.

Resolutions

• Resolution 1 (Ordinary): Adopt standalone and consolidated financial statements and notes for year ended 31 March 2026.
• Resolution 2 (Ordinary): Re-appoint director retiring by rotation (Solipuram).

Voting results

• Resolution 1 passed with 99.98% in favour, 0.02% against.
• Resolution 2 passed with 99.98% in favour, 0.02% against.

Dividend

• No dividend proposed or declared.

Directors & management

• Director Solipuram re-appointed; remains as director.

Auditors

• Statutory auditors attended; no change in appointment.

Material related party transactions

• No material related party transactions disclosed.

Other material updates

• Rights issue opened on 03 September 2026.

Rights issue details

• Rights issue up to 92.03 lakh shares at ₹115 each, ₹10,583.46 Lakhs total.
• Open 03 Sep 2026, close 11 Sep 2026; listing expected 17 Sep 2026; promoter to forgo entitlements.

Use of net proceeds

• Net proceeds ₹10,528.46 Lakhs; ₹4,135.13 Lakhs for loan repayments.
• ₹3,889.87 Lakhs for SLN borrowings repayment/pre-payment.
• ₹2,503.46 Lakhs for general corporate purposes.

Governance and promoter

• Board: 6 directors; 1 Executive, 3 Non-Executive, 2 Independent.
• Promoter Loko Hospitality; promoter group to forgo entitlement to meet MPS.

Material litigation

• WP No. 5687 of 2025 against Southern Power Distribution; ₹350 Lakhs claimed; materiality threshold ₹164.49 Lakhs.

Regulatory and listing status

• In-principle listing approvals from BSE and NSE; Rights Entitlements ISIN INE048C20025; Designated Exchange: BSE.

Financial snapshot

• FY2026 consolidated net worth ₹26,679.55 Lakhs; RoNW 6.87%; EPS ₹2.72; NAV ₹39.48 per share.

AGM calendar and voting timelines

• Register of Members and share transfer books closed 05 Sep 2026 to 10 Sep 2026 for 61st AGM.
• Annual General Meeting scheduled 10 Sep 2026 at 11:00 AM; via Video Conference/AV Means.
• Cut-off date for remote e-voting fixed at 04 Sep 2026 to determine eligible voters.