Eco Hotels Opens First Boutique Hotel and EcoSip Café in Udaipur to Tap Growing Tourism Market

2 min read     Updated on 02 Jun 2026, 07:30 AM
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Reviewed by
Riya DScanX News Team
AI Summary

Eco Hotels and Resorts Limited has launched its first boutique property in Udaipur, Rajasthan, located at Govardhan Villas near Govardhan Lake. The launch introduces EcoSip Café, the company's first café brand, and 'Kick In The Brick,' a double-deck rooftop restaurant with Aravalli Hills views, alongside morning 'Bhajan Clubbing' cultural sessions. Leadership highlighted Udaipur's strong potential in leisure travel, weddings, and premium hospitality as key drivers of the company's sustainable expansion strategy.

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Eco Hotels and Resorts Limited has expanded its hospitality footprint by launching its first boutique property in Udaipur, Rajasthan, marking a significant milestone in its strategic growth roadmap. Located in Govardhan Villas near Govardhan Lake, the newly launched property features well-appointed rooms designed to offer a premium and personalized guest experience. This expansion aims to diversify revenue streams through accommodation, food and beverage, and events, strengthening the company's presence in a high-growth tourism market.

New Concepts: EcoSip Café and Rooftop Dining

The launch marks the debut of EcoSip Café, the company's first café brand, alongside "Kick In The Brick," a unique double-deck rooftop restaurant and bar concept offering panoramic views of the Aravalli Hills. These additions are designed to create differentiated, experience-led offerings that go beyond traditional hospitality. The property also introduces morning "Bhajan Clubbing" sessions, combining devotional music with social and wellness experiences to showcase the cultural heritage and spiritual essence of Rajasthan.

Leadership Commentary

Senior leadership has underscored the strategic rationale behind the Udaipur launch. The following table summarizes key statements from the company's leadership:

Executive: Statement Summary
Mr. Vinod Kumar Tripathi, Chairman: Udaipur offers strong long-term potential across leisure travel, weddings, and premium hospitality; the integrated offering reflects the vision of creating distinctive, experience-led destinations combining personalized hospitality with sustainable practices.
Mr. Vikram Doshi, Director Finance & CFO: The launch is expected to contribute positively to revenue growth through multiple streams, strengthening the Eco Hotels brand in a high-growth market and supporting the long-term strategy of sustainable expansion and value creation.

Property Highlights

The Udaipur boutique property brings together several distinctive features under one roof. Key highlights of the launch are outlined below:

Feature: Details
Property Location: Govardhan Villas, near Govardhan Lake, Udaipur, Rajasthan
Café Brand: EcoSip Café (company's first café brand)
Restaurant Concept: "Kick In The Brick" — double-deck rooftop restaurant and bar
Scenic Offering: Panoramic views of the Aravalli Hills
Cultural Experience: Morning "Bhajan Clubbing" sessions
Revenue Streams: Accommodation, food and beverage, and events

About Eco Hotels and Resorts

Eco Hotels and Resorts Limited is a BSE-listed hospitality company dedicated to sustainable practices. Its portfolio includes brands such as The Eco, EcoXpress, EcoValue, Eco Boutique, Eco Grand, and Eco Resort. The company is reshaping the mid-segment hotel brand landscape, with strategic backing from stakeholders including EaseMyTrip, which holds a 13% stake in the entity. The company continues to evaluate growth opportunities across India's leading tourism and business hubs.

Historical Stock Returns for ECO Hotels & Resorts

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+7.96%+6.86%+14.65%-9.98%+97.99%

What are the company's plans for scaling the EcoSip Café and 'Kick In The Brick' concepts to future properties?

How will the Udaipur launch impact the company's financial performance in the upcoming fiscal year?

Are there plans to replicate the 'Bhajan Clubbing' concept in other culturally rich tourist destinations?

Eco Hotels fixes May 29 record date for ₹3.80 final call

1 min read     Updated on 23 May 2026, 01:04 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

Eco Hotels And Resorts Limited has fixed May 29, 2026, as the record date for the third and final call of ₹3.80 per share on its outstanding partly paid-up equity shares. The call, totaling ₹4.89 crore, is payable via Online ASBA between June 15 and June 29, 2026, with Kotak Mahindra Bank acting as the banker.

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Eco Hotels And Resorts Limited has announced the record date for the third and final call on its partly paid-up equity shares. The Rights Issue Committee, in its meeting held on May 23, 2026, approved the call amount of ₹3.80 per share. This amount comprises ₹2.50 adjusted towards the face value and ₹1.30 adjusted towards the securities premium.

The company has fixed Friday, May 29, 2026, as the record date to determine the eligible holders of these partly paid-up shares. The call will be made on 1,28,76,808 outstanding Rights Equity Shares, which have a face value of ₹10 each and were allotted on a rights basis on September 26, 2025.

Call Payment Details

The total amount due for this third call aggregates to ₹4,89,31,870.40. Shareholders determined as eligible on the record date will receive a call notice with instructions for payment.

Parameter Details
Record Date Friday, May 29, 2026
Call Amount ₹3.80 per share
Total Amount ₹4,89,31,870.40
Payment Start Date Monday, June 15, 2026
Payment End Date Monday, June 29, 2026
Payment Mode Online ASBA
Banker Kotak Mahindra Bank Limited

The call money payment period is scheduled to open on Monday, June 15, 2026, and will close on Monday, June 29, 2026. The company specified that these dates are inclusive and may be extended by the Rights Issue Committee as deemed necessary. Kotak Mahindra Bank Limited has been appointed as the banker for this third call, and the acceptable mode of payment is Online ASBA.

Historical Stock Returns for ECO Hotels & Resorts

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+7.96%+6.86%+14.65%-9.98%+97.99%

How will the successful completion of this third and final call impact Eco Hotels And Resorts Limited's capital structure and debt-to-equity ratio going forward?

What specific expansion projects or strategic initiatives is Eco Hotels And Resorts Limited planning to fund with the capital raised through this rights issue?

How might the conversion of partly paid-up shares to fully paid-up shares affect the stock's liquidity and trading volumes on the exchange?

More News on ECO Hotels & Resorts

1 Year Returns:-9.98%