Juniper Hotels Limited has informed the Exchange about change in Management
JUNIPER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Juniper Hotels Limited held its Board meeting on May 21, 2026, approving Q4 and full year FY2026 audited financial results. Consolidated revenue for the year stood at Rs 1,04,768.13 Lakhs (vs Rs 94,427.25 Lakhs in FY2025), with profit after tax of Rs 5,034.32 Lakhs. The Board re-appointed Mr. Arun Kumar Saraf as Chairman and Managing Director for another 3-year term from March 2027, subject to shareholder approval. S R B C & CO LLP was re-appointed as statutory auditor for a second 5-year term, and Protiviti India was re-appointed as internal auditor for FY2026-27 and FY2027-28. The Company also approved acquisition of 100% equity in Juniper Hospitality Assets Private Limited (JHAPL) for Rs 1.00 Lakh, which will become a wholly-owned subsidiary. Exceptional items included a fire incident loss of Rs 1,014.18 Lakhs (partially offset by insurance claims), Rs 378.56 Lakhs litigation settlement, Rs 603.40 Lakhs new labour code impact, and Rs 2,336.63 Lakhs property tax liability for Delhi hotel.
Strong financial performance with ~11% revenue growth and near doubling of profit. Re-appointment of key personnel provides continuity. The JHAPL acquisition for a new 5-star hotel project in Dwarka, Delhi, signals expansion plans. Positive for shareholders with clean audit opinion.