Hampton Sky Realty Limited has announced the resignation of Mrs. Ketki Gupta from her position as Joint Managing Director, effective April 30, 2026. The company disclosed this development to BSE Limited in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Reason for Resignation

Mrs. Ketki Gupta, who holds Director Identification Number 06814775, submitted her resignation from the Board of Directors citing personal and family reasons. The resignation comes as she recently welcomed a child and needs to focus on additional family responsibilities related to newborn care and her own health priorities.

Regulatory Compliance

The company has fulfilled all necessary regulatory requirements in connection with the resignation. Hampton Sky Realty Limited provided comprehensive disclosures as mandated under Schedule III of the SEBI Listing Regulations, along with compliance to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Key compliance aspects include:

• Filing of resignation disclosure under Regulation 30
• Submission of detailed annexures with resignation specifics
• Confirmation of no material reasons beyond those stated
• Proper documentation with BSE Limited

Impact on Company Operations

Mrs. Gupta confirmed in her resignation letter that there are no material reasons for her departure other than the family circumstances mentioned. She expressed appreciation for the trust and support extended during her tenure and acknowledged the honor of serving on the Board while contributing to the company's growth and governance.

The resignation letter, dated April 30, 2026, formally notified the Board of Directors about her decision to step back from professional responsibilities. She will cease to hold any position as Joint Managing Director of the company from the effective date.

Company Background

Hampton Sky Realty Limited, formerly known as Ritesh Properties and Industries Limited, operates in the real estate sector. The company is listed on BSE with scrip code 526407 and maintains its registered office at 205, Second Floor, Kirti Mahal, Rajendra Place, Patel Nagar, West Delhi, Delhi, 110008.

Hampton Sky Realty Limited has announced that its wholly owned subsidiary, Hampton Sky Hospitality Private Limited, has entered into a Memorandum of Understanding for a joint development project in Ludhiana. The MoU was signed on April 13, 2026, with multiple parties including individual landowners and development companies for a large-scale mixed-use development at Village Gahour.

Project Details and Location

The proposed project involves identifying, negotiating and consolidating contiguous parcels of land located at Village Gahour, Baddowal and Karimpura, Sub-Tehsil Mullanpur Dakha, Ludhiana. The development will primarily comprise residential plotting, along with partial development of built-up residential units and commercial components such as shops and shop-cum-offices.

Financial Commitments

Hampton Sky Hospitality Private Limited has paid a refundable security deposit of Rs. 5,00,00,000 as part of the MoU execution. The payment has been distributed among the parties as follows:

An additional sum of Rs. 5,00,00,000 shall be payable upon registration of the project land. The refundable security deposit will be adjustable against the parties' share of revenue and shall be refundable without interest if the proposed project does not proceed, subject to the terms of the MoU.

Key Terms and Conditions

The joint development obligation becomes binding only upon consolidation of a minimum of 50 acres of land with clear and marketable title by December 15, 2026. Hampton Sky Hospitality Private Limited retains the right to require execution of definitive agreements prior to achieving this minimum consolidation threshold.

All land acquisition post-execution of the MoU will be undertaken in the name of Soopan Bagh Developers Private Limited. The parties have agreed not to engage with any third-party developer regarding the project land during the subsistence of the MoU and until full settlement of the refundable security deposit.

Development Structure

Upon execution of definitive agreements, the parties will undertake development through a Special Purpose Vehicle or other joint development model as mutually agreed. All approvals for the proposed project shall be obtained in the name of the SPV if incorporated. Major commercial decisions will require mutual consent of all parties involved.

Risk Management

In case of failure to achieve the minimum consolidation threshold or termination of the MoU, the parties must refund the security deposit. Any delay beyond agreed timelines will attract interest at 24% per annum, and Hampton Sky Hospitality Private Limited shall have a first charge on the project land until full repayment.

The company expects this MoU and subsequent definitive agreements to significantly contribute to business expansion, enhance market presence, and create long-term value through strategic collaboration and increased revenue opportunities.