Kamat Hotels (India) Limited held its 39th Annual General Meeting on September 26, 2026, via video conferencing. The meeting focused on adopting financial statements for FY26 and approving significant governance resolutions.

Shareholders passed an ordinary resolution to adopt both standalone and consolidated audited financial statements for the financial year ended March 31, 2026. Dr. Vithal V. Kamat, Executive Chairman and Managing Director, was re-appointed as a director under ordinary business items.

Key Resolutions Passed

The members approved several special business items, including the introduction of a new employee incentive structure and the continuation of a senior independent director:

• Employee Stock Option Scheme 2026: Approval of the new ESOP scheme for employees of the company.
• Subsidiary ESOPs: Approval to grant employee stock options to employees of subsidiary companies under the Kamat Hotels (India) Limited – Employee Stock Option Scheme 2026.
• Director Continuation: Approval for Mr. Vilas R. Koranne to continue as a Non-Executive Independent Director beyond the age of 75 years.

Operational Highlights

During his address, Dr. Kamat highlighted the company's expansion strategy. He noted that the company entered new potential markets, resulting in the addition of 650+ new operational keys to its total inventory. The Chairman emphasized that the Kamat brand continues to build trust, warmth, and excellence in the hospitality sector.

Meeting Proceedings

The meeting commenced at 11:30 am and concluded at 12:22 pm. Mr. Nikhil Singh, Company Secretary and Compliance Officer, welcomed members and briefed them on participation details. Dr. Kamat chaired the proceedings, except for Item No. 3, where Mr. Ajit Naik acted as Chairman.

E-voting results, along with the Scrutinizer’s Report, were scheduled to be intimated to the stock exchanges and published on the company website within two working days from the conclusion of the AGM.

Kamat Hotels (India) Limited has dispatched letters containing web-links to shareholders who have not registered their email addresses. The communication provides access to the notice for the 39th Annual General Meeting and the Annual Report for FY26.

The company issued this dispatch on September 2, 2026, pursuant to Regulation 30 and Regulation 36(1)(b) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The filing was submitted to BSE Limited and NSE India on September 4, 2026.

Meeting Details

The 39th AGM is scheduled for Saturday, September 26, 2026, at 11:30 am. The meeting will be conducted exclusively through Video Conferencing or Other Audio-Visual Means, in compliance with Ministry of Corporate Affairs General Circulars Nos. 20/2020, 10/2022, 09/2023, and 09/2024.

Shareholders with registered email addresses will receive the Notice of AGM and the Annual Report electronically via email. Those without registered emails will receive a physical letter with a web-link to access these documents. The exact path for the annual report on the company website is: Khil.com > Investors > Financials > Annual Reports > 2025-2026.

Key Agenda Items

The AGM agenda includes several ordinary and special business items critical to corporate governance and employee retention:

• Adoption of Financials: Receipt, consideration, and adoption of Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026.
• Director Re-appointment: Re-appointment of Dr. Vithal V. Kamat (DIN: 00195341), Executive Chairman & Managing Director, who retires by rotation.
• Employee Stock Option Scheme 2026: Approval of 'Kamat Hotels (India) Limited – Employee Stock Option Scheme 2026' (ESOS 2026). The scheme proposes granting up to 8,84,500 employee stock options to eligible employees in India and abroad. Each option converts into one equity share of face value ₹10.
• Subsidiary ESOS Approval: Separate approval to extend ESOS 2026 benefits to eligible employees of subsidiary companies.
• Independent Director Continuation: Approval for the continuation of Mr. Vilas R. Koranne (DIN: 09151665) as a Non-Executive Independent Director beyond the age of 75 years. He was appointed for a second term commencing June 29, 2026, ending June 28, 2031.

E-Voting Process

The company is providing remote e-voting facilities through MUFG Intime India Private Limited. Members can cast their votes electronically on all resolutions set forth in the Notice of AGM. The voting facility will also be available during the meeting for those who have not voted remotely.

The e-voting period starts from Wednesday, September 23, 2026, at 9:30 am and ends on Friday, September 25, 2026, at 5:00 pm. The cut-off date for voting eligibility is Friday, September 18, 2026.

KYC and Demat Update Reminder

The dispatch serves as a reminder for shareholders holding physical securities to update their KYC details pursuant to SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024. The circular mandates recording PAN, address, mobile number, bank account details, specimen signature, and nomination choice for physical holders.

Payments including dividends for folios lacking updated PAN, nomination, contact details, bank account details, or specimen signatures will be made only through electronic mode effective April 1, 2024. Shareholders are urged to dematerialize physical securities and register email addresses to avail online services.

Document Availability

All relevant documents, including the Notice of AGM and the Annual Report, are available on the company website at www.khil.com . They are also accessible on the websites of BSE Limited, NSE India, and MUFG Intime India Private Limited.