Ventive Hospitality Ltd

Ventive Hospitality Ltd has announced a deferral in the appointment of Mr. Percy P. Muncherji as Senior Management Personnel (Head – Design). The appointment, initially slated for July 1, 2026, has been postponed due to unforeseen exigencies. The company is currently finalizing the necessary appointment formalities. Further disclosures will be made as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, upon completion of the appointment process.

Ventive Hospitality Ltd has announced the closure of its trading window effective July 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will reopen 48 hours after the declaration of the company's un-audited financial results for the quarter ended June 30, 2026. All designated persons and insiders are prohibited from trading in the company's securities during this period. The date for the board meeting to approve these financial results will be announced separately.

Ventive Hospitality Limited has invested ₹50 crore by subscribing to 50,00,000 Optionally Convertible Debentures (OCDs) of face value ₹100 each in its subsidiary, Soham Leisure Ventures Private Limited, which operates the Hilton Goa Resort. This investment follows previous investments and increases Ventive Hospitality's stake indirectly. The OCDs were subscribed at par, and the allotment was confirmed on June 3, 2026. Soham Leisure Ventures reported a turnover of ₹40.66 crore for the fiscal year ending March 31, 2026.

Ventive Hospitality Ltd. released a Monitoring Agency Report by Crisil Ratings Limited for the quarter ended March 31, 2026, in compliance with SEBI regulations. The report pertains to the utilization of proceeds from the company's Initial Public Offer (IPO). Crisil Ratings confirms no deviations from the IPO's stated objectives. The gross proceeds from the fresh issue were ₹16,000 million, with issue expenses of ₹805.44 million, resulting in net proceeds of ₹15,194.56 million.

Ventive Hospitality Ltd. disclosed its Key Performance Indicators (KPIs) for the financial year ended March 31, 2026, in compliance with SEBI regulations. The KPIs, along with comparative data from the previous two financial years, are included in Annexure-A and Annexure-B. M/s. G S K A & Co., Chartered Accountants, have certified these KPIs. The company had raised funds through an IPO in December 2024. The agreed-upon procedures were performed as per Standard on Related Services (SRS) 4400 and the ICAI's Technical Guide.

Ventive Hospitality Ltd's board approved an amendment to the agreement for subscribing to additional Optionally Convertible Debentures (OCDs) of Soham Leisure Ventures Private Limited, a subsidiary owning the Hilton Goa Resort. The amendment involves an investment of ₹30 Crores in OCDs. The subscription is an arm's length transaction. Soham Leisure Ventures, incorporated in 2011, operates in the hospitality sector and had a turnover of ₹40.66 Crores as of March 31, 2026. Ventive Hospitality will hold 76% shareholding after the acquisition.

Ventive Hospitality Ltd's board approved the appointment of PricewaterhouseCoopers Services LLP as the Internal Auditor for FY 2026-27. Additionally, Mr. Amit Sachdeva, Ms. Aishwarya VR, and Mr. Percy P Muncherji were appointed as Senior Management Personnel. The appointments were made effective May 12, 2026, except for Mr. Muncherji, whose appointment is effective July 1, 2026.

Ventive Hospitality Ltd's Board of Directors approved requests for re-classification from the 'Promoter and Promoter Group' category to the 'Public' category for eleven members, in compliance with SEBI regulations. This is subject to receiving 'No Objection Certificates' from BSE and NSE and approval from the Members of the Company at the ensuing Annual General Meeting. The members seeking re-classification do not hold any Equity Shares of the Company.

Ventive Hospitality Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, during its meeting on May 12, 2026. The Statutory Auditors issued an 'Unmodified Opinion' on the financial statements. The results are available on the company's website. The board meeting commenced at 5:30 P.M and concluded at 6:40 P.M.

Ventive Hospitality Ltd's board approved audited financial results (consolidated and standalone) for the quarter and year ended March 31, 2026, with an unmodified opinion from the statutory auditors. The Annual General Meeting is scheduled for August 26, 2026. The board approved the re-classification requests from certain members of the Promoter and Promoter Group to the ‘Public’ category, subject to stock exchange approvals. PricewaterhouseCoopers Services LLP was appointed as the Internal Auditor for FY 2026–27. Several senior management personnel were appointed, and an amendment to the OCD agreement of Soham Leisure Ventures Private Limited was approved.