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 will host an Analyst and Investor Day on Monday, August 17, 2026. The event will be held physically in Mumbai and is structured as a group meeting for institutional investors and analysts.

The company issued the intimation on August 12, 2026, pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Officials from Juniper Hotels will interact with market participants during the scheduled session.

Event Details

The company emphasized that no unpublished price-sensitive information pertaining to Juniper Hotels will be disclosed or shared at any of its meetings with analysts or institutional investors. This disclosure aims to ensure transparency and compliance with regulatory norms regarding information dissemination.

The schedule and related details are also available on the company’s website for broader accessibility. Sandeep L. Joshi, Company Secretary and Compliance Officer, signed the communication confirming the arrangements.