Graviss Hospitality has scheduled its 65th Annual General Meeting for September 23, 2026. The meeting will be held via video conferencing at 12:30 pm.

The company announced the dates in a filing to BSE Limited on August 26, 2026. The event complies with Ministry of Corporate Affairs and SEBI circulars.

Book Closure Dates

The register of members and share transfer books will remain closed from September 17, 2026, to September 23, 2026. This closure determines eligibility for the AGM.

The record date applies to both days inclusive. Shareholders must hold units during this window to participate.

Meeting Details

The AGM will take place on Wednesday, September 23, 2026. It will be conducted through Video Conferencing or Other Audio Visual Means.

Jalpa G. Modi, Company Secretary and Compliance Officer, issued the intimation. The company is formerly known as The Gl Hotels Limited.

Agenda Items

Shareholders will transact the following ordinary business:

• Receive, consider, and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, along with Board and Auditor reports.
• Appoint a director in place of Mr. Gaurav Ghai (DIN: 00074857), Managing Director, who retires by rotation and offers himself for re-appointment.

E-Voting Details

The company has engaged MUFG Intime India Private Limited for remote e-voting. Mr. Martinho Ferrao (FCS 6221) has been appointed as the Scrutinizer.

Individual shareholders holding securities in demat mode with NSDL or CDSL can vote using their depository credentials. Physical shareholders must register on the InstaVote platform using their Folio Number and PAN.

Virtual Meeting Access

Members can attend the AGM via InstaMeet. The meeting link will open 30 minutes before the scheduled time. Attendance via VC/OAVM counts toward quorum under Section 103 of the Companies Act, 2013.

Shareholders wishing to speak must register at least seven days prior to the meeting by sending their details to investors.relations@gravissgroup.com . Queries can also be submitted via email for response.

Graviss Hospitality has released its financial results for the fiscal year ended March 31, 2026. The company reported a standalone revenue from operations of ₹6,127.91 lakh, an increase from ₹5,642.75 lakh in the previous year. Standalone Profit After Tax (PAT) stood at ₹324.44 lakh, compared to ₹1,192.19 lakh in FY25.

On a consolidated basis, the group recorded revenue of ₹6,310.68 lakh, up from ₹6,114.85 lakh. However, the consolidated entity incurred a net loss of ₹65.60 lakh for the year, reversing a profit of ₹938.91 lakh in FY25. The decline in consolidated profitability was primarily driven by losses in its subsidiaries, specifically Graviss Hotels and Resorts Limited and Graviss Restaurants Private Limited.

Financial Performance Overview

The company's total income on a standalone basis rose to ₹6,187.19 lakh from ₹5,724.72 lakh. Total expenses increased to ₹5,670.46 lakh from ₹5,267.18 lakh, reflecting higher operational costs including employee benefits and depreciation. Other income decreased to ₹59.28 lakh from ₹81.97 lakh, largely due to lower mark-to-market gains on investments.

Subsidiary Performance

The consolidated loss was significantly influenced by the performance of the company's subsidiaries. Graviss Hotels and Resorts Limited reported a loss before tax of ₹154.80 lakh, while Graviss Restaurants Private Limited posted a loss after tax of ₹235.28 lakh. Graviss Catering Private Limited remained profitable with a minimal net profit of ₹0.04 lakh.

Management noted that the subsidiaries have accumulated losses exceeding their net worth. However, the holding company maintains that there is no diminution in the value of investments, citing potential land value appreciation and future operational margins as recovery drivers.

Key Operational Highlights

• Dividend: The Board of Directors did not recommend any dividend for the financial year ended March 31, 2026.
• Board Changes: Mr. Ravi Ghai ceased to be a director effective May 22, 2026. Mr. Amrit Mirpuri was appointed as an additional non-executive director effective June 1, 2026.
• AGM: The 65th Annual General Meeting is scheduled for September 23, 2026, to be held via video conference.

What the Numbers Show

While the standalone parent company generated a healthy operating profit of ₹516.74 lakh before exceptional items, the consolidated picture reveals significant drag from unprofitable subsidiaries. The consolidated other income of ₹124.70 lakh, which includes fair value gains and lease termination benefits, helped cushion the bottom line but was insufficient to offset the combined losses of ₹390.08 lakh from the two primary loss-making subsidiaries. This divergence highlights the group's current dependency on the parent hotel's cash flows to sustain the broader corporate structure.