EIH Associated Hotels Limited has submitted its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations, 2018 to the National Stock Exchange of India Limited and BSE Limited. The certificate pertains to the quarter ended March 31, 2026, and confirms the company's adherence to regulatory requirements for dematerialisation of securities.

Regulatory Compliance Certificate

The certificate was issued by MUFG Intime India Private Limited (formerly Link Intime India Private Limited), the company's Registrar and Transfer Agent, on April 6, 2026. Company Secretary Tejasvi Dixit subsequently filed the certificate with both stock exchanges on April 8, 2026.

SEBI Regulation 74(5) Compliance

Under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, companies are required to submit quarterly certificates confirming proper handling of dematerialisation processes. The certificate confirms that:

• Securities received from depository participants for dematerialisation during the quarter were properly confirmed to depositories
• All securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialisation were mutilated and cancelled after due verification
• Names of depositories were substituted in the register of members as registered owners within prescribed timelines

Company Information

EIH Associated Hotels Limited operates with its corporate office located at 7, Sham Nath Marg, Delhi-110 054, while its registered office is situated at 1/24 G.S.T. Road, Meenambakkam, Chennai – 600 027. The company trades on NSE under the code EIHAHOTELS and on BSE under the code 523127.

The submission of this compliance certificate demonstrates EIH Associated Hotels Limited's commitment to maintaining regulatory compliance and transparency in its securities handling processes. The certificate was signed by Swapan Kumar Naskar, Associate Vice-President & Head (North India) at MUFG Intime India Private Limited, confirming the company's adherence to SEBI regulations for the quarter ended March 31, 2026.

EIH Associated Hotels Limited has disclosed a significant GST penalty imposed by authorities in Jaipur on its flagship Trident Jaipur hotel. The company made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Penalty Details

The GST authorities in Jaipur have levied a penalty through six orders dated 27th March 2026 under Section 74 of the Central Goods and Service Tax Act, 2017. The penalty pertains to Input Tax Credit (ITC) claims on input services spanning multiple financial years.

Nature of Violation

The penalty specifically relates to ITC claims on input services for the financial years 2018-19 to 2022-23. Input Tax Credit allows businesses to claim credit for taxes paid on inputs used in the course of business operations. The GST authorities have apparently found discrepancies in the company's ITC claims for input services at the Trident Jaipur property during this five-year period.

Company Response

EIH Associated Hotels Limited has indicated that it will take appropriate action within the statutory time limit. The company received the orders on 27th March 2026 at 6:34 PM and promptly disclosed the matter to stock exchanges. The disclosure was signed by Company Secretary Tejasvi Dixit.

Financial Impact

The company has stated that the financial impact is limited to the extent of the penalty imposed, which amounts to Rs 33,03,083. This represents the immediate financial liability arising from the GST authorities' orders, though the company's response suggests it may contest or appeal the penalty through available legal remedies.