Praveg Limited files FY26 sustainability report with BSE

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Praveg Limited filed its FY26 Business Responsibility and Sustainability Report with BSE
  • Turnover reached ₹1,326.3 crore with net worth at ₹4,519.2 crore
  • Accommodation services contribute 77% of total revenue
  • Permanent employee count stands at 1,024 with 47.63% turnover rate
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Praveg Limited submitted its Business Responsibility and Sustainability Report for FY26 to the Bombay Stock Exchange on September 3, 2026. The filing discloses operational metrics for the financial year ended March 31, 2026.

The hospitality company reported a turnover of ₹1,326.3 crore and a net worth of ₹4,519.2 crore. CSR obligations are applicable under Section 135 of the Companies Act, 2013.

Operational Overview

Praveg operates 17 hotels across three states—Gujarat, Rajasthan, and Uttar Pradesh—and two Union Territories: Dadra and Nagar Haveli and Daman and Diu, and Lakshadweep. The group maintains 18 offices nationwide.

Revenue Composition

Accommodation services drive the majority of revenue, contributing 77% of total turnover. Food and beverage services account for 21%, while other services make up the remaining 2%.

Service Category Turnover Contribution
Accommodation Services 77%
Food and Beverage 21%
Other Services 2%

Human Capital Metrics

As of March 31, 2026, the company employed 1,024 permanent employees. The workforce is predominantly male, with men comprising 93.94% (962 employees) and women making up 6.05% (62 employees). There were no differently abled employees or workers reported.

Employee turnover rates showed significant variation by gender in FY26. Male permanent employee turnover stood at 44%, while female turnover was 3.63%, resulting in a total permanent employee turnover rate of 47.63%.

Governance and Compliance

The Board of Directors includes 8 members, with women holding 25% of seats (2 directors). Key Management Personnel consists of 3 individuals, with no female representation.

The company reported no monetary penalties, fines, or settlements during FY26. One employee grievance was filed and remains pending resolution.

What the Numbers Show

Praveg’s business model relies heavily on accommodation services, which generate nearly four-fifths of its turnover. This concentration indicates that performance in room occupancy and average daily rates will be the primary drivers of top-line growth, outweighing contributions from food and beverage outlets.

Historical Stock Returns for Praveg

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How does Praveg Limited plan to address the high 44% male employee turnover rate to stabilize operational costs and service quality?

What specific strategies is the company implementing to increase female representation in its workforce and Key Management Personnel roles?

Given the heavy reliance on accommodation revenue, how vulnerable is Praveg's top-line growth to fluctuations in room occupancy rates and average daily rates?

Praveg schedules 31st AGM for September 25, 2026

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Praveg Limited schedules its 31st AGM for September 25, 2026, at 12:30 pm
  • The meeting will be held via Video Conferencing per MCA and SEBI guidelines
  • Record date for final dividend entitlement is fixed as September 18, 2026
  • Integrated Annual Report for FY26 is sent electronically to shareholders
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Praveg Limited has scheduled its 31st Annual General Meeting (AGM) for Friday, September 25, 2026, at 12:30 pm. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means in accordance with applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

Meeting Details and Dividend Record Date

The company will transact business as set out in the notice convening the 31st AGM. The Board has fixed Friday, September 18, 2026, as the record date to determine member entitlement for the payment of the final dividend for FY26, subject to approval at the meeting. This date also serves as the cut-off for ascertaining the names of shareholders entitled to cast votes electronically.

E-Voting and Document Access

Members will receive an electronic copy of the AGM notice and the Integrated Annual Report for FY26 via email. The company will provide facilities for remote e-voting and voting during the AGM. Detailed instructions for joining the meeting and casting votes will be included in the notice.

Members holding shares in physical form or those without registered email addresses are requested to update their details with the Registrar and Share Transfer Agent, MCS Share Transfer Agent Ltd, or via email to mcstaaahmd@gmail.com . A letter providing the web-link of the Annual Report is also attached for members who have not registered their email addresses.

The notice and annual report will also be available on the company website and BSE Limited.

Historical Stock Returns for Praveg

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What is the proposed final dividend amount for FY26, and how does it compare to previous years' payouts?

Will the Board propose any changes to the company's capital structure or share buyback plans during the AGM?

How might the transition to fully digital AGM processes impact shareholder participation rates and engagement?

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