Viceroy Hotels Limited has informed the Exchange about Action(s) taken or orders passed

Viceroy Hotels Limited received a favorable order from the Appellate Tribunal under SAFEMA (Smugglers and Foreign Exchange Manipulators Act) dated 23 April 2026. The Tribunal allowed the company's appeal and set aside the Provisional Attachment Order from March 2019 that had attached the company's properties. The attachment was made by the Enforcement Directorate under PMLA alleging funds linked to bank fraud by third parties. The Tribunal ruled in favor of the company based on Section 32A immunity under the Insolvency and Bankruptcy Code, following successful completion of the Corporate Insolvency Resolution Process in October 2023. The claims were also rejected by NCLT/NCLAT. The order marks the end of litigation with the Enforcement Directorate and results in detachment of the Courtyard by Marriott property in Hyderabad.