ADVANI HOTELS & RESORTS (INDIA) LTD.

Advani Hotels & Resorts (India) Ltd. has filed a complaint with SEBI against Simply Wall Street Pty Ltd (SWS) for alleged serious and blatant violations of SEBI regulations. The company claims SWS publishes factually inaccurate, incomplete, and misleading research reports concerning Advani Hotels on its website, www.simplywall.st. These reports allegedly violate SEBI (Research Analysts) Regulations, 2014, by operating without SEBI registration and failing to disclose necessary agreements or registration status. Advani Hotels highlights specific inaccuracies in SWS's dashboard content regarding dividends and director numbers, asserting that SWS disseminates financial data and investment recommendations from outside India without proper compliance, potentially exposing retail investors to manipulative advice and impacting market integrity.

Advani Hotels & Resorts (India) Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will be shut from July 1, 2026, and will reopen 48 hours after the declaration of the Unaudited Financial Results for the quarter ending June 30, 2026. Designated persons and their immediate relatives are prohibited from trading during this period to ensure adherence to insider trading norms. The date of the board meeting to approve these financial results will be communicated separately.

Advani Hotels & Resorts (India) Ltd. has lodged a complaint with SEBI against InfinHub Market Technologies FZ-LLC, operator of www.marketsmojo.com. The complaint alleges that MarketsMojo systematically publishes research reports and investment recommendations on Indian securities without being registered as a research analyst or entity with SEBI, violating the SEBI (Research Analysts) Regulations, 2014. Advani Hotels specifically highlighted the publication of factually incorrect financial data, such as an "unsustainable 133% dividend payout ratio" when the actual was approximately 66%, and misleading investment recommendations. The company states that MarketsMojo's articles, particularly after a November 2025 board meeting, contained false information and made inappropriate historical comparisons, potentially exposing retail investors to manipulative advice and distorting valuations, thereby undermining market integrity.

Advani Hotels & Resorts (India) Ltd's Board of Directors met on June 12, 2026, to consider valuation reports for its operating business undertaking (Caravela Beach Resort Goa) and the 'Caravela' brand. Two independent valuers, Whitestone and ANVI, provided reports. The Board adopted the lower valuations: Rs. 828.50 crores for the asset on an as-is-where-is basis, Rs. 982.00 crores for the asset with the new banquet space completed, and Rs. 81.88 crores for the 'Caravela' brand. These valuations are for internal decision-making and compliance with SEBI regulations.

Advani Hotels & Resorts (India) Ltd reported a 5.1% YoY increase in Q4FY26 revenue, reaching ₹3,632 lakhs. The company sustained operating margins above 40% during the quarter and declared a 70% dividend payout for FY26. Despite challenges like geopolitical uncertainty and reduced foreign tourist inflows, Advani Hotels maintained a stable occupancy rate of 83.8% in Q4 FY26. The company also reinstated the value of its land parcel to approximately ₹430 crore and is funding a new banquet facility through internal accruals.

Advani Hotels & Resorts (India) Ltd declared a second interim dividend of ₹0.80 per equity share (40% on face value of ₹2) for the financial year 2025-2026. The dividend will be paid to shareholders on record as of May 29, 2026, and payments/warrants will be dispatched by June 20, 2026, subject to tax deduction at source. The board also approved audited standalone financial results for the year ended March 31, 2026, and re-appointed M/s. BDO India LLP as Internal Auditors for FY 2026-27.

Advani Hotels & Resorts (India) Ltd. has declared a second interim dividend of ₹0.80 per equity share (40% of face value of ₹2) for the financial year 2025-2026. The record date for determining shareholders eligible for the dividend is set as May 29, 2026. The dividend will be paid/warrants dispatched by June 20, 2026, subject to tax deduction at source as per the Income Tax Act, 2025.

Advani Hotels & Resorts' board approved a change in accounting policy to the revaluation model for land, resulting in a revaluation surplus of ₹427.26 crores as of March 31, 2026. This follows a valuation report by Whitestone Valuers and Consultants Private Limited, valuing the land at ₹429.82 crores, a significant increase from its historical cost of ₹2.56 crores. The board also approved audited standalone financial results for FY26 and declared an interim dividend of Re. 0.80 per share. BDO India LLP was re-appointed as Internal Auditors for FY27.

Advani Hotels & Resorts (India) Ltd has scheduled a Board of Directors meeting on May 22, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The board will also consider the declaration of a second interim dividend for the financial year 2025-26, if any. The trading window for dealing in the company's securities has been closed for directors and specified persons and will reopen 48 hours after the declaration of the financial results.

Advani Hotels & Resorts (India) Ltd. has announced the closure of its trading window in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The trading window will close on April 1, 2026, and will reopen 48 hours after the declaration of the Financial Results for the quarter and financial year ending March 31, 2026. The Board Meeting for the approval of the Financial Results will be intimated in due course. Designated persons and their immediate relatives are informed not to trade or deal in the Company’s securities during the closure period.