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Awaiting price reaction for this filing.
Espire Hospitality has submitted its Annual Report for FY 2024-25 along with the notice for its 34th AGM, scheduled for Friday, 26th September 2025 at 10:00 AM in physical mode at Country Inn Nature Resorts, Bhimtal, Uttarakhand. The AGM will consider two ordinary business items: adoption of audited financial statements for FY ending March 31, 2025, and the reappointment of Mr. Gagan Oberoi (DIN: 00087963), who retires by rotation. The MD's message highlights record-breaking performance — revenue of Rs. 12,016.18 lakhs (up 230% YoY), EBITDA of Rs. 2,307.55 lakhs (up 206%), and PAT of Rs. 829.64 lakhs (up 224%). The company raised Rs. 3,200 lakhs via preferential allotment during the year and added 200+ keys across three new properties, with a ~Rs. 300 crore upper-luxury resort near Vrindavan in the pipeline. E-voting facility through NSDL is open from 23rd to 25th September 2025.
This is a routine AGM intimation with strong underlying financial results that should be positively received by shareholders. The 230% revenue growth, successful preferential fundraise, and expansion of the luxury portfolio (Six Senses, Zana, Country Inn brands) signal strong momentum, though the physical AGM format and director reappointment are standard governance items.