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:

Property Highlights

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

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.

Eco Hotels and Resorts Limited has opened the payment window for the third and final call money of ₹3.80 per share, requiring shareholders to pay the amount by June 29, 2026, to convert their partly paid-up equity shares into fully paid-up shares. The call comprises ₹2.50 towards paid-up value and ₹1.30 towards premium. The company has completed the dispatch of call notices via electronic mode on May 30, 2026, and physical copies on June 1, 2026, to eligible shareholders as on the record date of May 29, 2026.

The Rights Issue Committee approved the final call on May 23, 2026, affecting 1,28,76,808 partly paid-up rights equity shares issued at an issue price of ₹15.20. Trading of the partly paid-up shares (ISIN: IN9638N01036) has been suspended from May 29, 2026, until the conversion process is completed. Shareholders who have paid all calls can expect credit of fully paid-up shares within three weeks from the payment closure date.

Payment Schedule and Modes

The payment period for the third and final call is strictly 15 days. Shareholders can utilize various modes including Online ASBA, Physical ASBA, and 3-in-1 online trading accounts facilitated by brokers.

Consequences of Non-Payment

The company has outlined specific consequences for shareholders failing to meet the payment deadline. Interest at 10.00% per annum will be charged for any delay in payment beyond June 29, 2026. Additionally, the company reserves the right to deduct outstanding amounts from future dividends. Failure to pay may also lead to the forfeiture of the partly paid-up equity shares in accordance with the Articles of Association and the Letter of Offer.

Registrar and Contact Details

All correspondence regarding the call money payment should be addressed to Bigshare Services Private Limited, the Registrar and Transfer Agent. Shareholders can seek clarifications via email at rightsissue@bigshareonline.com or by calling +91 022 62638200. Detailed instructions and the ASBA application form are available on the company’s website and the registrar’s portal.