Espire Hospitality Limited

Espire Hospitality Limited has announced an Extra-Ordinary General Meeting (EGM) to be held on Friday, August 7, 2026, at 10:00 AM IST at Country Inn Nature Resorts, Bhimtal, Uttarakhand. The primary agenda is the re-appointment of Mr. Dileep Kumar as an Independent Director for a second term of five years, commencing August 10, 2026. The notice, approved by the Board on July 14, 2026, is being sent electronically to eligible members. The company offers remote e-voting and e-voting at the EGM, facilitated by NSDL. The cut-off date for determining e-voting eligibility is July 31, 2026.

Espire Hospitality Limited's Board of Directors met today, approving the resignation of Non-Executive Independent Director Mr. Anish Arun Shah, effective July 14, 2026, due to his relocation outside India. The board also approved the reconstitution of various committees and the notice for an Extra-Ordinary General Meeting (EGM). The EGM, scheduled for August 7, 2026, will seek member approval for the re-appointment of Mr. Dileep Kumar as an Independent Director for a second five-year term, commencing August 10, 2026. Mr. Dileep Kumar has confirmed he is not debarred from holding a director's office.

Espire Hospitality Limited announced that the Board of Directors has accepted the resignation of Mr. Anish Arun Shah, Non-Executive Independent Director, effective July 14, 2026, due to his relocation outside India. The Board also approved the reconstitution of various committees. An Extra-Ordinary General Meeting (EGM) will be convened on August 7, 2026, to seek member approval for the re-appointment of Mr. Dileep Kumar as an Independent Director for a second five-year term, commencing August 10, 2026. Mr. Kumar has confirmed he is not debarred from holding a director's office.

Espire Hospitality Limited's Board of Directors met today, approving the resignation of Non-Executive Independent Director Mr. Anish Arun Shah, effective July 14, 2026, due to his relocation outside India. The board also approved the reconstitution of various committees and the notice for an Extra-Ordinary General Meeting (EGM). The EGM, scheduled for August 7, 2026, will seek member approval for the re-appointment of Mr. Dileep Kumar as an Independent Director for a second five-year term, commencing August 10, 2026. Mr. Dileep Kumar has confirmed he is not debarred by SEBI or any other authority from holding a director's office.

Espire Hospitality Limited has submitted a statement on the impact of audit qualifications for the financial year ended March 31, 2026. The company's audited figures, both before and after adjusting for qualifications, show no change in Turnover/Total Income (₹14105.99 lacs), Total Expenditure (₹12949.00 lacs), Net Profit/(Loss) (₹1156.99 lacs), Earnings per share (₹5.44), Total Assets (₹23554.73 lacs), Total Liabilities (₹23554.73 lacs), and Net Worth (₹5110.88 lacs). The audit qualification is noted as a 'Qualified' type and is the 'First Time' occurrence. Management views that while the impact is not quantified by the auditor, there is 'No material impact on the financials'. The filing references an earlier announcement dated June 10, 2026, regarding the outcome of the Board Meeting and submission of financial results.

Espire Hospitality Limited has announced the closure of its trading window for all designated employees and their dependent family members. This restriction applies to any transactions involving the purchase or sale of the company's shares. The closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will reopen 48 hours after the announcement of the unaudited financial results for the quarter ending June 30, 2026.

Espire Hospitality Limited announced its financial results for FY 2026 and Q4-FY26, marking its highest-ever performance. FY 2026 revenue reached ₹14,106 Lakhs, a 17% increase year-over-year, with EBITDA at ₹3,190 Lakhs, up 38%. Q4-FY26 saw revenue of ₹4,873 Lakhs (19% growth) and EBITDA of ₹1,096 Lakhs (34% growth). The company also reported strong operational metrics, with ADR at ₹10,827 and RevPAR at ₹6,317, outperforming industry averages. During Q4-FY26, six new properties were added, and a significant ultra-luxury resort project near Vrindavan, with an investment of ₹300 Crores, commenced development under the JW Marriott brand.

Espire Hospitality Limited announced its audited standalone financial results for the quarter and year ended March 31, 2026. The company's Board of Directors approved these results, which were previously reviewed and recommended by the Audit Committee. The statutory auditors, Bansal & Co, LLP, issued an unmodified opinion on the financial statements. The results are prepared in accordance with Indian Accounting Standards (Ind AS). The company also noted that its business activities do not qualify as a reportable segment under Ind AS-108. Previous period figures have been reclassified where necessary.

Espire Hospitality Limited announced its audited standalone financial results for the quarter and year ended March 31, 2026. The company's Board of Directors approved the results, which were recommended by the Audit Committee. The statutory auditors, Bansal & Co, LLP, issued an unmodified opinion on these results. The financial statements were prepared in accordance with Indian Accounting Standards (Ind AS). Key figures for the year ended March 31, 2026, include Revenue from Operations of ₹13,424.61 Lacs and a Total Comprehensive Income of ₹818.91 Lacs. The company also reported total non-current assets of ₹13,221.79 Lacs and current assets of ₹8,476.73 Lacs as of March 31, 2026.

Espire Hospitality Limited has announced a Board of Directors meeting scheduled for June 10, 2026. The primary agenda is to consider and approve the audited financial results for the quarter and fiscal year ended March 31, 2026. This follows an earlier communication seeking an extension for submission due to delays in finalizing accounts and audit procedures. The trading window for company securities remains closed until 48 hours after the declaration of these results.