Aruna Hotels Limited inaugurated its renovated Annex Building on September 7, 2026. The facility is located at No. 145, Sterling Road, Nungambakkam, Chennai.

The company disclosed the completion of the renovation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The upgraded infrastructure aims to enhance business operations and revenue potential.

Facility Details

The Annex Building now offers dedicated spaces for corporate and commercial use. The ground and first floors house banquet halls designed for meetings, conferences, and functions. These halls have a combined capacity of approximately 300 persons.

The second to fifth floors are designated for commercial office space. These areas will be available for rental or lease basis, providing meeting facilities for external clients.

Strategic Impact

The renovation supports the company’s future growth requirements by improving the utilization of existing infrastructure. The new facility creates opportunities for increased business revenue through banquet activities and office rentals.

N. Sornalatha, Company Secretary & Compliance Officer, signed the disclosure filed with BSE Limited.

Aruna Hotels has scheduled its 64th Annual General Meeting (AGM) for September 25, 2026, at 10:00 am. The meeting will be conducted via Video Conferencing or Other Audio-Visual Means to approve FY26 results and transact special business regarding board appointments.

Key Dates for Shareholders

The record date for determining eligibility to vote electronically is September 18, 2026. The book closure period runs from September 19, 2026 to September 25, 2026, inclusive of both days.

E-voting will commence on September 22, 2026, at 9:00 am and conclude on September 24, 2026, at 5:00 pm.

FY26 Financial Performance

Shareholders will consider the adoption of the Standalone Audited Financial Statements for the year ended March 31, 2026. The company reported a profit after tax of ₹80.90 lakh, compared to ₹103.41 lakh in the previous year. Revenue from operations stood at ₹2,510.36 lakh, up from ₹2,367.12 lakh in FY25.

The Board’s report highlights that the company has successfully commenced hospitality operations under the brand “Pharos Hotels.” The improvement in pre-tax profit to ₹315.77 lakh from ₹16.18 lakh in the prior year reflects focused efforts towards operational stabilization and prudent cost management.

Special Business: Board Appointments

The AGM will seek shareholder approval for two key resolutions:

1. Re-appointment of Managing Director: Shareholders will vote on the re-appointment of Mr. Radhaswamy Venkateswaran as Managing Director for a term of five consecutive years, effective from March 10, 2027, to March 9, 2032. His consolidated remuneration is proposed at ₹28,350 per month.
2. Appointment of Independent Director: The appointment of Mr. M. Irulappan as a Non-Executive Independent Director for a five-year term, effective from August 12, 2026, will be considered. He was initially appointed as an Additional Director in August 2026.

Additionally, Mr. R. Muralidharan retires by rotation at the meeting and offers himself for re-appointment as a Director.

What the Numbers Show

While net profit declined 21.8% YoY, the company’s pre-tax profit surged nearly 1,850% to ₹315.77 lakh. This divergence is driven by a significant increase in tax expenses, which rose to ₹234.90 lakh in FY26 compared to a tax benefit of ₹87.23 lakh in FY25. The substantial tax charge reflects the normalization of deferred tax liabilities and current tax provisions on higher operating profits, indicating that the underlying operational improvement was more pronounced than the bottom-line figure suggests.