Announced Fri, 10 Apr · 19:26 IST

As per Regulation 30 of SEBI (LODR), 2015 - Outcome of Board Meeting held on April 10, 2026

Capex & Operations View source PDF

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AI summary

The Board of Eco Hotels and Resorts approved its business plan for FY 2026-27 targeting Rs 55 crore revenue, up from Rs 4.8 crore last year when most hotels started operations in the second half. Currently 5 hotels are operational with plans to add 5 more within 3-4 months. The Board noted signing of a term sheet for a new greenfield hotel project at Dombivli and advised management to sign at least one property per month to support long-term growth goals. An Audit Committee and Board meeting is scheduled for April 17, 2026 to review and approve audited financials for FY 2025-26.

Likely market impact

The company is pursuing aggressive expansion with a greenfield project and doubling its hotel portfolio. However, the revenue target of Rs 55 crore represents over 10x growth from last year, which carries execution risk. No specific capex amounts or timelines were disclosed.