LGT Global Hospitality Limited reported a 34.9% year-on-year increase in revenue from operations to ₹13,544.70 lakh for the financial year ended March 31, 2026. The company's growth was driven by strong momentum across corporate travel, MICE, and hospitality segments, supported by strategic collaborations and acquisitions including Yaja, Travflix, and Holiday One. Profit After Tax for the period stood at ₹459.13 lakh, with a PAT margin of 3.4%, while EBITDA was recorded at ₹834.48 lakh. The Board of Directors has recommended a dividend of ₹0.25 per equity share for the financial year ended March 31, 2026, subject to shareholder approval.

Financial Highlights

The company's standalone financial results for FY26 show a significant rise in top-line performance despite a contraction in profit margins compared to the previous year. The consolidated revenue for FY 2025-26 was reported at ₹13,699.21 lakh, with a consolidated PAT of ₹463.03 lakh.

Strategic Growth and Expansion

LGT Global Hospitality Limited expanded its operational footprint during the year, strengthening its presence in key regional markets such as Nagercoil, Coimbatore, Pune, and Vijayawada. The company identified Ahmedabad as the next strategic expansion destination within India. Additionally, it is expanding its international footprint with a focus on Dubai and Malaysia to enhance outbound travel offerings and global customer engagement capabilities.

The company's growth strategy included enhancing service portfolios across corporate travel management, MICE, hotel bookings, cruise & leisure travel, and religious & spiritual tourism solutions. Operational efficiencies and enhanced vendor partnerships contributed to scalable growth and execution capabilities.

Management Commentary

Mr. Wilfred Selvaraj, Managing Director, LGT Global Hospitality Limited, stated that the momentum across travel, hospitality, and tourism segments is driven by increasing consumer demand and rising experiential travel preferences. He emphasized that the strategic focus remains on building an integrated travel ecosystem through collaborations, acquisitions, and market expansion. The additions of Yaja, Travflix, and Holiday One were highlighted as important steps toward strengthening customer reach and digital engagement.

LGT Business Connexions Limited has issued a comprehensive postal ballot notice to shareholders seeking approval for strategic corporate changes, including a proposed name change and key director appointments. The notice, dated 10th March 2026, outlines four resolutions requiring shareholder approval through electronic voting.

Proposed Name Change to Reflect Business Focus

The company seeks to change its name from "LGT Business Connexions Limited" to "LGT Global Hospitality Limited" to better align with its current operations and strategic direction. According to the explanatory statement, the company operates in the travel and tourism sector, providing integrated services including travel arrangements and hospitality-oriented offerings. The management believes the word "Hospitality" more accurately reflects the company's operational focus and will support improved brand recognition while communicating its core business more effectively to stakeholders.

Director Appointments and Regularizations

The postal ballot seeks approval for three director-related resolutions:

Mr. Dhawal Padmakar Bhute brings over 25 years of leadership experience in the travel and MICE industry. He holds a Bachelor of Commerce degree with professional diplomas in Travel & Tourism and IATA/UFTAA certification. His experience includes senior management positions with organizations such as Kuoni Travel India Ltd, Cox & Kings India Pvt Ltd, and co-founding Tibro Tours Pvt Ltd from 2018 to 2025.

Mr. Chintan Virendra Chheda is an entrepreneur with expertise in international trade fair participation and corporate travel solutions. He holds an MBA in Tourism with specialization in Marketing from NMIMS, Mumbai, and brings structured, systems-driven approach to building scalable travel businesses.

Mrs. Namrata Kalanouria is proposed for appointment as Independent Director for a five-year term from 10th March 2026 to 9th March 2031. She holds a Bachelor of Commerce degree and is a qualified Company Secretary with over ten years of post-qualification experience in corporate laws, regulatory compliance, and corporate governance.

E-Voting Process and Timeline

The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate electronic voting for all shareholders. The voting process details are:

Shareholders whose names appear in the Register of Members or List of Beneficial Owners as on the cut-off date of Friday, 6th March 2026, are entitled to vote on the resolutions. The postal ballot notice has been sent electronically to members with registered email addresses, in compliance with MCA circulars and SEBI regulations.

Resolution Types and Approval Requirements

The postal ballot includes both ordinary and special resolutions. The name change resolution requires approval as a Special Resolution, while the regularization of the two Non-Executive Directors requires Ordinary Resolutions. The appointment of the Independent Director also requires a Special Resolution. Results will be communicated to BSE Limited, where the company's equity shares are listed, and displayed on the company's website at www.lgtholidays.com .