Vidli Restaurants Ltd

Vikram Kamats Hospitality Ltd has announced the closure of its trading window for the quarter ending June 30, 2026. This closure, effective from July 1, 2026, until 48 hours after the declaration of financial results for the said quarter, is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. Promoters, Directors, Designated Employees, Connected Persons, and Insiders are prohibited from trading in the company's equity shares during this period to prevent insider trading.

The Audit Committee of Vikram Kamats Hospitality Ltd reviewed the use of funds raised through equity shares and warrants via private placement offers dated September 28, 2024, and September 13, 2025. The committee found no deviations or variations in the use of proceeds from the stated objectives and projected utilization of funds. Therefore, the submission of a statement of deviation or variation in the use of proceeds under Regulation 32(1) of SEBI (Listing Obligations Disclosure Requirements) Regulations, 2015 for the period ended March 31, 2026, is not applicable.

Vikram Kamats Hospitality Ltd. announced the approval of audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board also approved the notice for the 19th Annual General Meeting and re-appointed Dr. Vikram V. Kamat as Managing Director for 3 years, subject to shareholder approval. Additionally, Mis. Pipalia Singhal & Associates were re-appointed as Internal Auditors for FY27. The auditors, Chaturvedi Sohan & Co., issued an unmodified opinion on the financial statements.

Vikram Kamats Hospitality Ltd's board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board also approved the notice for the 19th Annual General Meeting and re-appointed Dr. Vikram V. Kamat as Managing Director for 3 years, subject to shareholder approval. Additionally, Mis. Pipalia Singhal & Associates were re-appointed as Internal Auditors for FY 2026-27.

Vikram Kamats Hospitality Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board will also decide on the date, time, place, and mode for the 19th Annual General Meeting, and fix the record/book closure date(s). The trading window for insiders will be closed until June 1, 2026.

Vikram Kamats Hospitality Ltd, through its subsidiary Vitizen Hotels Limited, has signed a management agreement for a new 6-acre hotel property in Igatpuri, Maharashtra. The hotel will feature approximately 33 chalets, 2 restaurants, 1 upper deck bar, 3 swimming pools, 3 lawns, and a grand banquet. Operations are expected to commence in June 2026. The company currently operates 19 hotels across India through owned, leased, and managed properties.

Vikram Kamats Hospitality Ltd announced that its material subsidiary, Vitizen Hotels Limited, will discontinue operations of the 'Vits' brand hotel at Manayata Tech Park, Bengaluru. The closure is effective from April 28, 2026. The decision was made after considering operational and commercial factors, including a "Gas crisis" cited as a force majeure event. The company confirmed that all applicable statutory requirements for the closure will be met. Importantly, the company does not expect this closure to have a material adverse impact on the overall operations of Vikram Kamats Hospitality Ltd or Vitizen Hotels Limited.

Dr. Vikram V. Kamat and Persons Acting in Concert (PACs), part of the Promoter/Promoter group, have increased their shareholding in Vikram Kamats Hospitality Limited. They acquired 1,20,000 shares carrying voting rights through a preferential allotment on April 15, 2026. This acquisition raised their total holding from 7.79% (before considering the acquisition, including shares and convertibles) to 8.46% of the total diluted share/voting capital of the company after the acquisition. The equity share capital of the company increased from ₹17,43,38,650 to ₹18,19,91,900 post-allotment.

Kamats Worldwide Food Services Pvt Ltd, a promoter group entity, along with Persons Acting in Concert (PACs) including Dr. Vikram V. Kamat and Dr. Vidhi V. Kamat, has disclosed the acquisition of 3,86,541 equity shares in Vikram Kamats Hospitality Ltd. The acquisition was made through a preferential allotment on April 15, 2026. This transaction increased the promoter group's total diluted shareholding in the company from 21.59% to 23.77%. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Vikram Kamats Hospitality Ltd has allotted 7,65,325 fully paid-up equity shares of ₹10 each to four allottees, including promoters, following the conversion of warrants. The Allotment Committee approved this upon receiving the balance 70% subscription money. This preferential allotment increases the company's paid-up equity share capital from ₹17.43 crores to ₹18.19 crores, divided into 1,81,99,190 equity shares. The newly allotted shares rank pari passu with existing shares, and the conversion price was ₹74 per share.