StockWatch
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Hotels & Resorts
Quarterly Updates21 May 2026, 06:51 pm

Samhi Hotels Approves FY26 Audited Results, Sriperumbudur Expansion

AI Summary

Samhi Hotels Ltd approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board also approved the development of a ~135-room hotel under the Marriott brand at Sriperumbudur, Tamil Nadu, replacing earlier plans for 86 rooms. Additionally, they approved an increase in capital infusion in Clean Max Nile Private Limited to ₹1,50,59,000 for renewable energy sourcing.

Key Highlights

  • Audited financial results (standalone and consolidated) for FY26 approved.
  • New 135-room Marriott hotel development approved in Sriperumbudur.
  • Capital infusion in Clean Max Nile increased to ₹1,50,59,000.
  • Auditors' Report with unmodified opinion taken on record.
  • Dual-branded hotel format with ~288 rooms planned for Sriperumbudur.