Pursuant to Regulation 30 of the SEBI Listing Regulations, 2015, please find enclosed Transcript of Earnings Call held on Monday, June 2, 2025.

Praveg Ltd reported FY25 consolidated total income of Rs. 174.43 crores, nearly doubling from Rs. 94.55 crores in FY24, with EBITDA rising to Rs. 56.88 crores and net profit at Rs. 16.13 crores. Q4 FY25 consolidated revenue was Rs. 59.29 crores (up from Rs. 33.50 crores YoY) with EBITDA margin around 34%. The company launched four new resorts including properties in Daman, Diu, Jawai, and Bangaram Island (Lakshadweep, managed by IHCL SeleQtions). Management reiterated Vision 2028 of 2,500+ rooms across 55-65 locations from current 775+ rooms across 18 properties, with nine upcoming resorts adding 505 rooms in FY26. The company is debt-free, lease cost was Rs. 16 crores (~10% of revenue), and they are pursuing a unique 'development plus operation' model that requires no CAPEX. International expansion in Serengeti (Kenya) cleared environmental clearance with plans for Masai Mara. The advertising segment, boosted by acquisitions of Abhik and Bidhan, is growing 80-90% YoY.