Leela Palaces Hotels & Resorts Limited has published newspaper advertisements regarding its postal ballot notice and remote e-voting information on March 17, 2026, following its earlier intimation to stock exchanges about seeking shareholder approval for Employee Stock Option Scheme 2024 amendments.

Newspaper Publication and Regulatory Compliance

The company published advertisements in two major newspapers on March 17, 2026, as part of its regulatory compliance under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The advertisements appeared in:

Stock Exchange Communication

The company formally communicated with both major Indian stock exchanges through a letter dated March 17, 2026, signed by Company Secretary and Compliance Officer Jyoti Maheshwari. The communication was addressed to:

• BSE Limited (Scrip Code: 544408, ISIN: INE0AQ201015)
• National Stock Exchange of India Limited (Symbol: THELEELA, ISIN: INE0AQ201015)

E-Voting Schedule and Process Details

The postal ballot notice confirms the previously announced e-voting timeline and procedural framework:

ESOP Scheme Amendment Context

The newspaper publication follows the company's March 16, 2026 postal ballot notice seeking shareholder approval for two special resolutions related to The Leela Employee Stock Option Scheme 2024. The amendments include:

• Amendment and ratification of the ESOP scheme for company employees
• Extension of stock option grants to employees of subsidiary, holding, and associate companies

Scrutinizer Appointment and Process Management

The company has appointed qualified scrutinizers to oversee the postal ballot process:

Digital Accessibility and Shareholder Information

The complete postal ballot notice and related information are available on multiple digital platforms to ensure comprehensive shareholder access:

• Company website: https://www.theleela.com/general-meeting-information/Postal-Ballot
• NSDL platform: https://www.evoting.nsdl.com
• NSE website: www.nseindia.com
• BSE website: www.bseindia.com

Corporate Identity and Contact Information

The newspaper advertisements reflect the company's complete corporate identity transition, showing its evolution from "Schloss Bangalore Private Limited" to "Schloss Bangalore Limited" and finally to "Leela Palaces Hotels & Resorts Limited." The company maintains its registered office at The Leela Palace, Diplomatic Enclave, Africa Avenue, Netaji Nagar, New Delhi, with corporate office operations based in Mumbai.

Shareholders requiring assistance with the e-voting process can contact NSDL at evoting@nsdl.com or call 022-4886 7000, or reach the company directly at cs@theleela.com for any queries related to the postal ballot process.

Leela Palaces Hotels & Resorts has announced a landmark acquisition of an ultra-luxury resort in Coorg, Karnataka, marking a significant expansion into nature-led hospitality. The company's wholly owned subsidiary, Leela Luxe Hotels & Resorts Private Limited (LLHRPL), acquired the luxury resort business for an aggregate consideration of up to ₹560 crores through a slump sale mechanism on a going concern basis.

Resort Specifications and Rebranding

The acquired property will be unveiled as The Leela Coorg Forest Sanctuary later this year, representing the brand's first Sanctuary concept. The resort features 71 all-villa accommodations spread across 76 acres of lush landscape near Madikeri, surrounded by coffee and spice plantations in the Western Ghats.

Transaction Structure and Parties

The business transfer agreement was executed between LLHRPL and Pai Vista Hotels Private Limited, along with its promoters including Mr. Jagannath Pai, Ms. Shantha Pai, Mr. Ajay Pai, Ms. Sangeetha Pai, Mr. Sujay Pai, and Ms. Sahana Pai. Additional transaction documents were signed with Timbertales Hotels & Resorts and Ms. Shilpa Pai for acquiring supplementary land parcels and assets.

Resort Amenities and Facilities

The ultra-luxury resort offers comprehensive amenities designed for immersive wellness and nature experiences. The property features a 27,000 sq. ft. wellness centre with 25 treatment rooms offering diverse therapies, gym, sauna, swimming pool and yoga deck. Additional facilities include four dining venues spanning global and regional cuisines, bean-to-cup coffee experiences, a 7-acre private lake, entertainment arena, and a private helipad for seamless access.

Expansion and Revenue Projections

The acquisition includes significant expansion potential with Phase I adding 19 villas to bring total inventory to 90 villas. The resort is expected to generate stabilized revenue of ₹165.00-₹175.00 crores with a margin profile similar to Leela properties at 50%+. The property benefits from proximity to Bengaluru and Mangaluru, positioning it as a key drive-to leisure destination.

Strategic Positioning

According to Mr. Anuraag Bhatnagar, Chief Executive Officer, this acquisition coincides with The Leela's 40th anniversary and represents the brand's evolution into nature-immersive, wellness-focused hospitality. The transaction strengthens The Leela's presence in South India while advancing its strategy of building a balanced portfolio across India's most iconic landscapes.

The acquisition was disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the company confirming no related party transactions or potential conflicts of interest.