Please find enclosed Annual Report along with Notice of AGM of the Company for the Financial Year ended March 31, 2025
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Eco Hotels and Resorts Limited has submitted its Annual Report for FY 2024-25 along with the Notice for its 38th AGM, scheduled for Monday, September 29, 2025 at 11:00 a.m. via Video Conference. The company, formerly known as Sharad Fibres & Yarn Processors Limited, operates an asset-light, carbon-neutral hotel chain focused on Tier II and Tier III cities, backed by UK-based Red Ribbon Asset Management Plc. As of FY25, it has 2 operational hotels with 79 keys (EcoValue Kochi and The Eco Satva Kota), with 7 more hotels (385 keys) in the pipeline, taking total to 9 hotels and 464 rooms. The company aims for 5,000 rooms by FY30 and a long-term goal of 15,000 carbon-conscious rooms. It plans to raise approximately ₹20 crore to fund expansion and remains a zero-net-debt company. Expected FY26 EBITDA is ₹4.42 crore, scaling to ₹12.18 crore on full-year operations.
For shareholders, this is a routine regulatory filing (Annual Report + AGM Notice), but the report highlights ambitious growth plans — expansion from 2 to 9 hotels, a planned ₹20 crore capital raise, and a clear path to operating leverage over 12-24 months. The AGM on September 29 will be the key event where shareholders can engage with management on strategy and any fundraising approvals.