Announced Fri, 26 Sept · 19:11 IST

AS PER INTIMATION ATTACHED

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Espire Hospitality Limited held its 34th AGM on 26 September 2025 at Country Inn Nature Resort, Bhimtal, Uttarakhand. All three ordinary resolutions were passed with near-unanimous approval: adoption of FY25 audited financial statements, reappointment of Mr. Gagan Oberoi (DIN: 00087963) as director retiring by rotation, and appointment of M/s RSH & Associates as Secretarial Auditors for five years (FY26 to FY30). The Chairman highlighted FY25 as a landmark year with highest-ever revenue of Rs. 12,016.18 Lakhs (up 230%), highest-ever EBITDA of Rs. 2,307.55 Lakhs (up 206%), and highest-ever PAT of Rs. 829.64 Lakhs (up 224%). The strategic consolidation with Espire Resorts Private Limited brought the Six Senses Fort Barwara brand into the company's luxury portfolio, and three new properties (Zana by the Ganges, Country Inn Premier Amritsar, and Country Inn Anant Ayodhya) added 200+ keys. Average Daily Rate rose 117% to Rs. 13,822 and RevPAR climbed 168% to Rs. 8,051, both significantly above industry averages.

Likely market impact

Strong operational and financial momentum, with triple-digit growth across revenue, profitability and hotel metrics. Adding the Six Senses Fort Barwara brand positions the company firmly in the luxury hospitality segment, while new property additions support future growth — positive signals for shareholders despite a relatively low public float participation (only ~48% of non-promoter shares voted).