Advent Hotels International Ltd

Advent Hotels International Ltd has released its audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026. The board of directors approved these results in their meeting held on May 19, 2026. The company also announced the dissolution of its Risk Management Committee, which was voluntarily constituted and not mandatory under SEBI regulations. The audit reports were issued with an unmodified opinion.

Advent Hotels International Ltd has released its audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026. The Board of Directors approved the results in a meeting held on May 19, 2026. Additionally, the board approved the dissolution of the Risk Management Committee, which was voluntarily constituted and not mandatory under SEBI regulations. The audit reports were issued with an unmodified opinion.

Advent Hotels International Ltd's Board of Directors approved the audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026, in a meeting held on May 19, 2026. The board also approved the dissolution of the Risk Management Committee, which was voluntarily constituted and not mandatory under SEBI regulations. Mehta Chokshi & Shah LLP provided an Independent Auditor’s Limited Review Report, stating a true and fair view of the company's financial results.

Advent Hotels International Ltd has announced the audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026, following a board meeting held on May 19, 2026. The board also approved the dissolution of the Risk Management Committee, which was voluntarily constituted and not mandatory under SEBI regulations. Mehta Chokshi & Shah LLP provided an independent auditor's limited review report, stating that the financial results present a true and fair view in accordance with Indian Accounting Standards.

Advent Hotels International Ltd has scheduled a Board of Directors meeting on May 19, 2026, to consider and approve the audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026.

Advent Hotels International Ltd, through its subsidiary BD & P Hotels (India) Private Limited, has received a Notice of Demand under Section 156 of the Income-tax Act, 1961 from the Deputy Commissioner of Income Tax, Central Circle 1(4), Mumbai, for Assessment Year 2024-25, raising a demand of ₹4,54,35,230. The notice is dated 30 March 2026. The Company is examining the matter and will take appropriate steps, including filing an appeal or other remedies, as necessary. The monetary impact is presently limited to the stated amount, with no impact on the operations or other activities of the Company.

Advent Hotels International Ltd has announced the closure of the trading window for all designated persons, connected persons, and their immediate relatives. This closure is in accordance with the company's 'Code of Fair Disclosures and Code of Conduct' and the SEBI (Prohibition of Insider Trading) Regulations, 2015. The closure is effective from 1st April, 2026, and is for the consideration of the Audited Financial Results for the 4th quarter and year ending on 31st March, 2026. The trading window will open 48 hours after the audited financial results are made generally available in the public domain.

Advent Hotels International Ltd announced that its representative attended an investor session at the Arihant Capital Bharat Connect Conference: Rising Stars on Tuesday, March 10, 2026. The meeting, originally scheduled for Wednesday, March 11, 2026, was held at 11:00 AM IST through VC mode, Group meeting. The company did not disclose any Unpublished Price Sensitive Information (UPSI) at this meeting.

Advent Hotels International Ltd has announced its participation in an investor meet. The event is scheduled for March 11, 2023, at 11:00 AM, and will be held virtually via Arihant Capital Bharat Connect Rising Stars Conference. The meeting will be a group discussion based on publicly available information. However, changes may occur due to unforeseen circumstances.

Advent Hotels International Ltd. held a Board Meeting on 5th March, 2026, where they approved a material related party transaction. The company seeks shareholders' approval for the sale of shares of Bamboo Hotel and Global Centre (Delhi) Private Limited to Valor Estate Limited, along with the assignment of the loan granted. The total consideration is approximately Rs. 596.70 Crores. The transaction is expected to be completed within 60 days, subject to approval from shareholders, lenders, and the Buyer. Valor Estate Ltd. is a listed related party of the Company and the Promoter/Promoter Group. The sale price is based on a valuation report from an independent registered valuer.