Allotment of Sweat Equity Shares to Mr. Vinod Kumar Tripathi, Executive Chairman of the Company
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Eco Hotels And Resorts Ltd allotted 10,30,145 sweat equity shares at Rs. 10 each to Mr. Vinod Kumar Tripathi, the Executive Chairman, in recognition of his value addition to the company. This increased the paid-up equity capital from Rs. 51.51 crore to Rs. 52.54 crore, with total shares rising from 5.15 crore to 5.25 crore. The Board also approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). On a standalone basis, revenue from operations stood at Rs. 9.77 lakhs with a net loss of Rs. 119.18 lakhs. On a consolidated basis, revenue was Rs. 28.77 lakhs with a net loss of Rs. 132.69 lakhs. The company continues to report losses, indicating it is still in a growth or turnaround phase in the hotel business.
The sweat equity allotment to the Executive Chairman is a non-cash compensation and causes a small dilution of about 2% for existing shareholders, though it aligns the Chairman's interests with the company. The continued losses suggest the stock remains a high-risk investment dependent on future operational turnaround.