Jindal Hotels Limited has completed its quarterly regulatory compliance by submitting the confirmation certificate under SEBI Depositories and Participants Regulations to BSE Limited. The submission relates to the quarter ended March 31, 2026, and demonstrates the company's adherence to mandatory regulatory requirements.

Regulatory Compliance Details

The confirmation certificate was submitted pursuant to Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. Company Secretary Mansi Vyas forwarded the certificate to BSE Limited on April 8, 2026, addressing it to the DCS-CRD department.

Registrar Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, served as the registrar and transfer agent for this compliance. The company holds SEBI registration number INR000004058 as a category-I registrar and transfer agent.

Ashok Shetty, Sr. Vice President-Corporate Registry at MUFG Intime India, confirmed on April 3, 2026, that all securities received from depository participants for dematerialisation during the quarter were properly processed. The confirmation covered several key aspects:

• Securities received for dematerialisation were confirmed to depositories
• All securities were listed on stock exchanges where earlier issued securities are listed
• Security certificates were mutilated and cancelled after due verification
• Depository names were substituted in the register of members within prescribed timelines

Corporate Information

Jindal Hotels Limited operates Grand Mercure Vadodara Surya Palace, located in Sayajigunj, Vadodara. The company maintains its registered operations from this location with pincode 390020.

MUFG Intime India Private Limited, with CIN U67190MH1999PTC118368, operates from its registered address at C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai - 400083. The registrar provides comprehensive corporate registry services and maintains the company's shareholder records in compliance with SEBI regulations.

Jindal Hotels Limited has announced its unaudited standalone financial results for the third quarter of FY2025-26, ended December 31, 2025. The company's board of directors approved these results during their meeting held on February 10, 2026, which commenced at 12:00 noon and concluded at 3:30 PM.

Financial Performance Overview

The company reported mixed financial performance for Q3FY26 compared to the corresponding quarter of the previous year. While revenue from operations showed marginal improvement, profitability declined significantly year-over-year.

Quarterly Performance Analysis

The company's revenue from operations increased marginally to ₹1,448.82 lakhs in Q3FY26 from ₹1,422.73 lakhs in Q3FY25. However, other income dropped significantly from ₹209.83 lakhs to ₹0.85 lakhs, resulting in total income declining to ₹1,449.67 lakhs from ₹1,632.56 lakhs in the previous year.

Total expenses for the quarter amounted to ₹1,263.74 lakhs compared to ₹1,340.05 lakhs in Q3FY25. The company reported an exceptional item of ₹89.47 lakhs during Q3FY26, which was attributed to the impact of new Labour Codes notified by the Government of India on November 21, 2025.

Nine-Month Performance

For the nine-month period ended December 31, 2025, the company's performance showed the following trends:

Expense Structure

The company's expense breakdown for Q3FY26 included cost of materials consumed at ₹253.40 lakhs, employee benefits expense of ₹234.10 lakhs, and finance costs of ₹96.26 lakhs. Other expenses accounted for ₹556.01 lakhs during the quarter.

Regulatory Compliance and Auditor Review

The financial results have been reviewed by the Audit Committee and approved by the Board of Directors. The results underwent limited review by the company's statutory auditors, Modi & Joshi, Chartered Accountants. The auditors confirmed that nothing came to their attention that would suggest the financial statements contain material misstatements or fail to comply with applicable regulations.

The company operates in a single business segment of "Hotelering" and maintains its registered office at Grand Mercure Vadodara Hotel Surya Palace, Sayajigunj, Vadodara. The paid-up equity share capital remained unchanged at ₹700.00 lakhs, with each share having a face value of ₹10.00.