Gujarat Hotels will hold its 44th Annual General Meeting (AGM) on Wednesday, August 26, 2026, at 11:00 a.m. IST via Video Conferencing or Other Audio Visual Means. The meeting aims to seek approval for a final dividend of ₹3.00 per equity share of ₹10 face value for the financial year ended March 31, 2026. This recommendation underscores the company’s commitment to returning capital to shareholders, provided the resolution passes at the AGM.

The notice for the AGM was published in the English and Gujarati editions of 'Financial Express' across multiple cities, including Ahmedabad, Mumbai, Delhi, and Bengaluru, on July 29, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full AGM notice and the Report and Accounts for 2026 are available electronically on the company’s website and the BSE Limited portal.

Key Dates and Shareholder Actions

Shareholders must adhere to specific deadlines to participate in voting and receive dividends. The record date for determining dividend entitlement was fixed at July 17, 2026. To receive the dividend electronically, shareholders who have not yet registered their bank details must do so on or before August 17, 2026.

Holders of physical shares who have not registered their email addresses with the company or MCS Share Transfer Agent Limited (the Registrar and Share Transfer Agent) are requested to submit a duly filled Form ISR-1 along with prescribed documents. This can be done via email to helpdeskdelhi@mcsregistrars.com or by post to the RTA’s office in New Delhi. Demat holders must register their email addresses with their respective Depository Participants.

Dividend Payment Mechanism

If declared at the AGM, the final dividend will be paid through electronic mode after deduction of tax at source, in accordance with regulatory requirements. The company advises all members to ensure their bank details are up-to-date to avoid delays in remittance. For physical shareholders, this involves updating details with the RTA, while demat shareholders must coordinate with their Depository Participants.

Governance and Compliance

The AGM is being conducted in conformity with the Companies Act, 2013, and rules issued by the Ministry of Corporate Affairs. Voting can be cast through remote e-voting prior to the meeting or during the AGM session, as detailed in the AGM notice. The Company Secretary, Swati, has certified the compliance with these procedural requirements.

Gujarat Hotels reported a 4.7% rise in net profit to ₹146.99 lakh for the quarter ended June 30, 2026, compared to ₹140.43 lakh in the corresponding period of the previous year. Revenue from operations increased 17.4% to ₹94.91 lakh from ₹80.81 lakh, driven by growth in the company's hoteliering segment. Total income for the quarter stood at ₹197.75 lakh, up from ₹186.39 lakh in the same period last year.

The Board of Directors approved the unaudited financial results at a meeting held on July 9, 2026. The results were reviewed by the Audit Committee and noted the Limited Review Report from statutory auditors Messrs. K C Mehta & Co. LLP, Chartered Accountants. The company operates in a single segment, hoteliering, within the geographical segment of India.

Financial Performance

Expenses for the quarter totaled ₹14.28 lakh, compared to ₹12.53 lakh in the corresponding quarter of the previous year. Profit before tax for the period was ₹183.47 lakh, with a tax expense of ₹36.48 lakh. Earnings per share (EPS) for the quarter increased to ₹3.88 from ₹3.71 in the same period last year.

Dividend and AGM

The Board approved the convening of the 44th Annual General Meeting (AGM) on August 26, 2026, via video conferencing. A final dividend of ₹3 per equity share of ₹10 each for the financial year ended March 31, 2026, was recommended. If declared by shareholders, the dividend will be paid between August 27, 2026, and September 2, 2026. The record date to determine shareholder eligibility for the dividend has been fixed as July 17, 2026.