Hampton Sky Realty Limited has announced that its board of directors will meet on Friday, May 29, 2026. The meeting has been convened in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The primary agenda for the meeting is to consider and approve the company's audited financial results. These results will cover both the standalone and consolidated financials for the quarter and financial year ended March 31, 2026. The approval will include the auditors' report accompanying the financial statements.

In addition to the financial results, the board will discuss any other business that may be permitted by the Chair. The company has also informed the exchanges regarding the trading window closure for designated persons and their immediate relatives.

Trading Window Closure

Pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct, the trading window has been closed since April 1, 2026. This restriction applies to all designated persons and their immediate relatives to prevent insider trading during the sensitive period leading up to the results announcement.

The window will remain closed and will reopen only after the expiry of 48 hours from the time the quarterly results are submitted to the stock exchanges. This ensures compliance with regulatory standards regarding the disclosure of price-sensitive information.

The intimation was addressed to BSE Limited, confirming the scrip code 526407 for Hampton Sky Realty Limited, formerly known as Ritesh Properties and Industries Limited.

Hampton Sky Realty Limited made a disclosure to BSE on May 10, 2026, under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, informing stakeholders that Mr. Sanjeev Arora, a member of the company's Promoter/Promoter Group, was taken into custody by the Directorate of Enforcement (ED) on May 9, 2026. The arrest was made under Section 19 of the Prevention of Money Laundering Act, 2002 (PMLA), pursuant to an Enforcement Case Information Report (ECIR) registered by the ED. The company stated that the matter is presently under investigation and that it is extending necessary cooperation to the investigating agencies.

Key Details of the Arrest and Allegations

The disclosure, filed by Company Secretary Tarandeep Kaur, outlined the regulatory particulars of the arrest as required under Regulation 30. The allegations, as stated in the arrest memorandum/order, primarily relate to export transactions, receipt of foreign inward remittances, and alleged contraventions of the Foreign Exchange Management Act, 1999 (FEMA) through related entities. The matter is also stated to be connected with allegations of offences under applicable criminal laws, as per an FIR registered with the concerned law enforcement authorities.

The following table summarises the key disclosure particulars provided by the company:

Company's Account of Mobile Phone Export Operations

In a press statement dated May 9, 2026, Hampton Sky Realty placed on record its factual position regarding the export transactions under scrutiny. The company stated that it entered the mobile phone export business in May 2023, citing the Government of India's identification of mobile phone manufacturing and export as a priority sector under the 'Make in India' initiative and the Production-Linked Incentive scheme. The company noted that India's mobile phone export turnover grew from approximately Rs. 1,500 crore in FY 2014–15 to approximately Rs. 2 lakh crore in FY 2024–25, a 127-fold increase, and that the United Arab Emirates is the second-largest global destination for Indian mobile phone exports.

The company stated that it exported 44,471 units of branded handsets and accessories during the export period, with the following product composition:

The company asserted that every export was verified at multiple statutory stages by independent authorities, including:

• Customs physical examination at ACC New Delhi, with Let Export Order granted by the Superintendent of Customs
• IMEI scanning of every handset, recorded on the Customs ICEGATE system at the port of export
• Cross-verification by Apple Inc. and Samsung Electronics against their global activation databases, confirming that the IMEIs were genuine handsets activated outside India after export
• Sanction of Duty Drawback / RoSL claims by the Customs Department only after positive OEM verification
• Import endorsements by UAE Customs at the destination
• Bank Realisation Certificates issued by the Authorised Dealer Bank against full receipt of export proceeds, uploaded on the DGFT eBRC portal

The company further stated that the 16,391 IMEIs of handsets exported stand independently verified by the OEMs as genuine handsets activated outside India after export.

Company's Position on Fund Flows and Supplier-Side Concerns

Hampton Sky Realty stated that every rupee of export realisation was received in full through Authorised Dealer banking channels, with corresponding Bank Realisation Certificates uploaded on the DGFT portal, and that the entire receipt was paid to domestic suppliers through banking channels. The company asserted that no funds were retained offshore, kept in any concealed account, or routed back to any individual or entity.

Regarding GST input-tax-credit concerns relating to certain domestic suppliers, the company stated that these transactions constitute only a small percentage of its total mobile phone procurement and are entirely on the supplier side. The company disclosed that it had itself lodged First Information Report No. 0083 of 17 May 2025 at Police Station Focal Point, Ludhiana, against suppliers identified as M/s SK Enterprises, M/s Global Traders, and M/s GMG Tradelink Private Limited under the Indian Penal Code — approximately one year before the current investigative developments. The company characterised itself as the victim of the alleged supplier-side fraud.

On the GST front, the company stated that where the Goods and Services Tax authorities have raised concerns regarding input-tax credit, the corresponding GST amount has already been deposited and is being contested in lawful appeal before the GST Appellate Authority.

Regulatory Compliance and Next Steps

Hampton Sky Realty stated that the estimated impact on the listed entity is yet to be ascertained, as the matter remains under investigation by the ED. The company indicated it is in the process of evaluating potential financial, operational, legal, or reputational implications, if any, and committed to making appropriate disclosures of any material developments in accordance with applicable laws and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also stated it would take such additional corrective, remedial, or governance measures as may be considered necessary based on the outcome of the ongoing investigation.