Eco Hotels & Resorts accepted the resignation of Mrs. Indira Bhargava as Non-Executive Independent Director effective September 10, 2026.

The company disclosed the development in a filing with the Bombay Stock Exchange on September 11, 2026. The intimation was issued under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Mrs. Bhargava (DIN: 02368301) tendered her resignation due to personal reasons. The cessation of her role took immediate effect on September 10, 2026.

The company stated it would submit the resignation letter along with requisite details and disclosures in due course. The filing included Annexure A as required under SEBI Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Eco Hotels & Resorts has scheduled its 39th Annual General Meeting for September 30, 2026. The meeting will convene via video conferencing to transact ordinary and special business items.

Sweat Equity Issue

The primary special business item involves the issuance of sweat equity shares to Vinod Kumar Tripathi, the company's Executive Chairman. Shareholders will be asked to approve the issuance of up to 12,87,681 shares with a face value of ₹10 each.

The issue price is set at ₹13.65 per share, aggregating to a total value of ₹1,75,76,845.65. This price exceeds the closing market price of ₹9.96 per equity share as on August 31, 2026. The shares are intended as part remuneration for value addition by Tripathi during his employment.

The issuance is subject to vesting and issuance conditions outlined in the employment agreement approved by the Nomination and Remuneration Committee. The shares may be issued in one or more tranches.

Ordinary Business

The ordinary business agenda includes receiving, considering, and adopting the audited financial statements for the fiscal year ended March 31, 2026. This covers both standalone and consolidated statements along with the reports of the Board of Directors and Auditors.

Additionally, the meeting will address the re-appointment of Suchit Punnose as a director. Punnose retires by rotation but is eligible and has offered himself for re-appointment.

Auditor Appointment

Shareholders will also vote on the appointment of M/s. K. M. Garg & Co. as the Statutory Auditors. The firm, holding Registration No. 120712W, is proposed for a first term of five years. This tenure extends from the conclusion of the current AGM until the conclusion of the 44th Annual General Meeting in 2031. Remuneration will be determined by the Audit Committee or Board of Directors from time to time.

E-Voting Schedule

Shareholders can participate in e-voting from September 27, 2026, at 9:00 am until September 29, 2026, at 5:00 pm. The cut-off date for e-voting eligibility is September 23, 2026.