Pecos Hotels & Pubs Limited has announced a key management change with the resignation of its Company Secretary and Compliance Officer. The hospitality company informed the Bombay Stock Exchange about this corporate development in compliance with regulatory requirements.

Key Management Personnel Change

Mr. Rajiv Kumar Sharma, who served as Company Secretary and Compliance Officer (Key Managerial Personnel), has tendered his resignation from the company due to personal reasons. The resignation letter was submitted on March 5, 2026, and was formally accepted by the Board of Directors.

Board Resolution and Acceptance

The Board of Directors convened on March 20, 2026, at 11:30 A.M. at the company's corporate office located at Guardian House, Infantry Road, Bangalore. During this meeting, the Board unanimously accepted Mr. Sharma's resignation and passed the necessary resolutions.

The Board resolution highlighted the company's appreciation for Mr. Sharma's assistance and guidance during his tenure as Company Secretary and Compliance Officer. The directors also authorized the filing of necessary forms with the Registrar of Companies to formalize the resignation process.

Regulatory Compliance

Pecos Hotels & Pubs Limited has fulfilled its obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided comprehensive documentation to the stock exchange, including:

• Formal intimation letter signed by Whole Time Director Liam Norman Timms (DIN: 06453032)
• Complete resignation letter from Mr. Rajiv Kumar Sharma
• Certified true copy of the board resolution
• Detailed annexure with event information as required under Schedule III

The company has requested the Bombay Stock Exchange to treat this communication as compliance with applicable provisions of the Listing Regulations. All necessary forms will be filed with the Ministry of Corporate Affairs to give effect to this resignation.

Company Information

Pecos Hotels & Pubs Limited operates with its registered office at Rest House Road, Bangalore, and corporate office at Guardian House, Infantry Road, Bangalore. The company maintains its commitment to regulatory compliance and transparent communication with stakeholders during this management transition.

Pecos Hotels & Pubs Limited has reported a significant increase in profit and revenue for the half year ended September 2025, according to the company's latest financial results.

Financial Highlights

The hospitality services company saw its profit rise to ₹75.56 lakh for the half year, marking a 30.5% increase from ₹57.92 lakh in the same period last year. Revenue from operations grew by 14.3% to ₹590.38 lakh, up from ₹516.51 lakh in the previous year.

Total revenue, which includes other income, increased to ₹599.25 lakh, representing an 8.7% growth compared to ₹551.52 lakh in the corresponding period.

Improved Profitability

The company's profitability metrics showed notable improvement:

• Basic and diluted earnings per share (EPS) rose to ₹5.77 from ₹4.43, reflecting a 30.2% increase.
• The profit margin improved, with profit accounting for 12.8% of revenue from operations in H1 2025, up from 11.2% in H1 2024.

Board Approval and Disclosure

The Board of Directors approved these unaudited financial results at their meeting held on November 10, 2025. The meeting commenced at 2:00 PM and concluded at 3:00 PM, as disclosed in the company's filing.

Regulatory Compliance

Pecos Hotels & Pubs Limited, listed on the BSE SME platform, is exempt from certain disclosure requirements due to its listing status and financial thresholds. The company is not required to submit related party transaction disclosures as per Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Segment Information

The company continues to operate solely in the hospitality services segment, with no separate reportable segments as per Accounting Standard 17 on "Segment Reporting."

Conclusion

The financial results show strong growth in both revenue and profitability for Pecos Hotels & Pubs Limited, reflecting the ongoing recovery and growth in the hospitality industry.