Correction of typographical error in attachment of outcome of board meeting filed on 29th May 2026
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LGT Global Hospitality Limited (formerly LGT Business Connextions Ltd) has filed a correction to its board meeting outcome submitted on 29th May 2026. The correction addresses a typographical error where "Consolidated" was incorrectly mentioned instead of "Standalone" in the first page of the standalone audit report. The board meeting on 29th May 2026 approved both standalone and consolidated financial results for the year ended 31st March 2026, and declared a dividend of Rs. 0.25 per equity share subject to shareholder approval. Standalone revenue increased to Rs. 13,639.82 Lakhs with PAT of Rs. 459.13 Lakhs, while consolidated revenue stood at Rs. 13,794.89 Lakhs with PAT of Rs. 463.03 Lakhs. The company successfully completed its IPO in August 2025 and acquired three subsidiaries during the year.
This is a routine compliance correction with no material impact on the company's financial position or shareholder value. The declared dividend of Rs. 0.25 per share indicates a positive return to shareholders, pending approval at the AGM.