Eco Hotels & Resorts Limited's Executive Chairman Vinod Kumar Tripathi has acquired additional equity shares of the company through an open market transaction. The acquisition was formally disclosed to BSE Limited under regulatory compliance requirements on March 20, 2026.

Share Acquisition Details

Tripathi purchased 15,302 equity shares of Eco Hotels and Resorts Limited on March 20, 2026, through open market transactions. The acquisition represents 0.03% of the company's total share capital and voting rights.

Shareholding Pattern Changes

The transaction resulted in changes to Tripathi's overall shareholding in the company. His total holding increased from 2,830,435 shares to 2,845,737 shares, representing a marginal increase in his ownership percentage.

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Tripathi, who serves as Executive Chairman and Whole-Time Director, does not belong to the promoter or promoter group of the company.

Company Share Capital Structure

Eco Hotels and Resorts Limited maintains a total equity share capital of 61,391,440 shares, which remained unchanged following this transaction. The company's shares are listed on BSE Limited under security code 514402.

Tripathi's current shareholding comprises 2,497,337 fully paid equity shares and 333,098 partly paid rights issue equity shares, totaling 2,845,737 equity shares with corresponding voting rights.

Eco Hotels and Resorts Limited has officially confirmed March 19, 2026 as the record date for the second call on outstanding partly paid-up equity shares following its Rights Issue Committee meeting held on March 14, 2026. The committee meeting, conducted from 11:30 a.m. to 12:00 noon, approved making the second call on 1,28,76,808 partly paid-up equity shares under the company's ongoing rights issue program.

Rights Issue Committee Decision

The Rights Issue Committee has approved the making of second call of Rs. 3.80 per share on the outstanding partly paid-up equity shares. These shares were originally allotted on September 26, 2025 pursuant to the Letter of Offer dated August 29, 2025.

Regulatory Compliance and Purpose

The record date has been fixed in accordance with Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The record date will determine the holders of partly paid-up equity shares to whom the call notice for the second call will be sent.

Rights Issue Timeline and Background

The rights issue process has progressed through multiple stages with proper regulatory approvals. The partly paid-up equity shares bearing ISIN IN9638N01028 were allotted following the comprehensive Letter of Offer process.

Company Information

Eco Hotels and Resorts Limited operates as a carbon neutral hotel brand in the hospitality sector, promoted by Eco Hotels UK PLC. The company maintains its registered office at 67/6446, Basin Road, Cochin, Ernakulam, Kerala, and corporate office at Block no 4, 2nd floor, Raj Mahal, VN Road, Churchgate, Mumbai. The company operates multiple hotel brands including THE ECO, THE ECO GRAND, ECOXPRESS, ECOVALUE, ECO BOUTIQUE, ECO RESORT, and THE ECO SATVA, along with F&B brands SAHAR, GG'S, KICK IN THE BRICK, SAMPARK, SANJH, and SANDHAY.