Samhi Hotels announced that its wholly owned subsidiary, Duet India Hotels (Navi Mumbai) Private Limited, has received the Commencement Certificate from the Maharashtra Industrial Development Corporation (MIDC). This approval enables the development of a proposed commercial hotel building in Navi Mumbai.

The certificate was issued by MIDC, a Government of Maharashtra undertaking, on October 9, 2026. The disclosure was made to BSE and National Stock Exchange under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Project details and location

The development work pertains to assets situated in Navi Mumbai. Specifically, the project is located on Plot No. D-236 and D-237 within the T.T.C. Industrial Area. The building permit falls under Section 45 of the Maharashtra Regional and Town Planning Act, 1966.

The commencement of construction is subject to certain conditions and requisite environmental clearances as stipulated by the authorities.

Regulatory compliance

Samhi Hotels confirmed that Duet India Hotels (Navi Mumbai) Private Limited holds the status of a wholly owned subsidiary. The company filed this information with stock exchanges to ensure transparency regarding significant operational developments.

Samhi Hotels will attend an investor conference in Mumbai on September 29, 2026, starting at 11:00 am. The event is organized by PL Capital and includes both one-on-one and group meeting formats.

The company confirmed that discussions will be based strictly on publicly available information. Management stated that no unpublished price sensitive information (UPSI) is intended to be discussed during these interactions.

Meeting details

The filing was submitted pursuant to Regulation 30(6) of the SEBI LODR Regulations. Sanjay Jain, Senior Director - Corporate Affairs and Company Secretary, signed the intimation on September 24, 2026. The company noted that changes to the schedule may occur due to exigencies on the part of the host or company.