Juniper Hotels has expanded its development pipeline through its wholly owned subsidiary, Juniper Hospitality Assets Private Limited (JHAPL), which signed a license deed with the Delhi Development Authority (DDA) on August 12, 2026. The agreement secures rights to develop a 5-star luxury hotel on a land parcel measuring approximately 2.524 acres in Sector 23, Dwarka, New Delhi. The location is strategically positioned near the Yashobhoomi India International Convention and Expo Centre and the Delhi International Airport.

The transaction follows JHAPL’s selection as the successful bidder for the license rights of the specified land. This development aligns with the company’s earlier disclosure dated March 3, 2026, regarding its intent to pursue this project. The execution of the deed marks a definitive step in capitalizing on the hospitality demand in the Dwarka corridor.

Financial Terms of the License Deed

The financial structure of the agreement includes a phased approach to annual license fees (ALF), designed to accommodate the initial construction phase. JHAPL is exempt from paying ALF during the first 42 months of the construction period.

From the fourth year through the thirteenth year, the annual license fee will increase by 5% annually. Subsequently, from the fourteenth year up to the fifty-fifth year, the ALF will escalate by 7% annually. The initial fee of ₹16.11 crore is payable in four quarterly installments starting from the fourth year.

Regulatory Disclosure

This intimation was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III and SEBI Master Circular No. HO/49/14/14(7)2025 CFDP0D2/I/3762/2026 dated January 30, 2026. The company confirmed that the transaction does not constitute a related party transaction, as the DDA is not related to the promoter group or group companies. No share issuance or director nomination rights were part of this specific agreement.

What the Numbers Show

The fee structure reveals a significant deferral of cash outflows during the critical capital expenditure phase. By exempting ALF for the first 42 months, the agreement allows Juniper Hotels to focus initial liquidity on construction costs rather than recurring license payments. The subsequent escalation clauses—5% annually for ten years followed by 7% annually for the remainder of the 55-year term—indicate a long-term revenue-sharing model where the state authority captures increasing value as the asset matures and potentially generates higher operational revenues.

Juniper Hotels Limited published public notices for its 40th Annual General Meeting (AGM) in the English newspaper Financial Express and the Marathi daily Loksatta on August 5, 2026. This step ensures broad shareholder awareness of the upcoming virtual meeting scheduled for August 27, 2026, and complies with regulatory mandates for public disclosure. The publication follows the company’s earlier dispatch of digital access letters to shareholders without registered email addresses.

The disclosures were made pursuant to Regulations 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 108 of the Companies Act, 2013, read with Rule 20 of the Companies (Management and Administration) Rules, 2014. Sandeep Laxmikant Joshi, Company Secretary and Compliance Officer, submitted e-copies of the newspaper publications to the National Stock Exchange of India Limited and BSE Limited on August 5, 2026. The notices are also available on the company’s website at www.juniperhotels.com .

AGM Details and Access

The 40th AGM will be held on Thursday, August 27, 2026, at 11:30 A.M. (IST) via Video Conferencing or Other Audio-Visual Means (VC/OAVM). The deemed venue is the company’s registered office in Mumbai. Shareholders holding shares as of the cut-off date, August 20, 2026, are eligible to participate.

Remote e-voting commences on August 24, 2026, and concludes on August 26, 2026, at 5:00 P.M. (IST). National Securities Depository Limited (NSDL) is facilitating the e-voting process under EVEN 140559. Ms. Nikita Kothari, Practising Company Secretary, has been appointed as the Scrutinizer to ensure a fair voting process. Physical attendance and proxy appointments are not permitted for this virtual assembly.

Key Resolutions for Approval

Shareholders will vote on several critical matters, including the reappointment of Mr. Arun Kumar Saraf as Chairman and Managing Director for a three-year term from March 1, 2027, to February 28, 2030. This requires a Special Resolution due to his age crossing 70 years during tenure. His fixed salary is set at ₹993.24 lakhs per annum, with a commission cap of ₹1,000 lakhs annually.

Additionally, the Board seeks approval to advance loans, provide guarantees, or offer securities to related companies where a director holds an interest. Under Section 185 of the Companies Act, 2013, this blanket approval caps aggregate exposure at ₹500 crore per financial year. The meeting also includes the reappointment of M/s S R B C & Co. LLP as Statutory Auditors for a five-year term until the 45th AGM in 2031, with remuneration capped at ₹98 lakhs per annum.