Eco Hotels Board Approves Unaudited Financial Results

Eco Hotels And Resorts Ltd announced that its Board of Directors, following a recommendation from the Audit Committee, has approved the Unaudited Standalone & Consolidated Financial Results for the quarter ended June 30, 2026. The Board also approved the appointment of M/s. Bansi Jain & Co. as Internal Auditors for FY27 and the re-appointment of M/s. K M Garg & Co. as Statutory Auditors for a five-year term. The Annual General Meeting is scheduled for September 30, 2026. The company also extended the payment period for its partly paid Rights Issue Equity Shares until August 31, 2026. Operational performance was impacted by the middle east war and gas crisis affecting banquet and F&B sales, as well as occupancy levels, though management is working to meet targets. New hotel openings are planned for Shirdi, Chhatrapati Shambhajinagar, Ayodhya, and Mysuru.