Sri Havisha Hospitality and Infrastructure Limited received an administrative warning from the Securities and Exchange Board of India (SEBI) on June 25, 2026, for failing to disclose a material liability. The regulator found that the company did not comply with Regulation 30(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding a dispute with Percept Advertising Limited.

The examination revealed that the amount of pending liability under the dispute exceeded the materiality threshold specified under the regulations. However, Sri Havisha Hospitality and Infrastructure Limited failed to make any disclosure regarding this matter. Consequently, the company was found to be non-compliant with the provisions of Regulation 30(4) read with sub-para 8 of Para B of Part A of Schedule III of the LODR Regulations.

SEBI viewed the non-compliance seriously and warned the company to be careful in future to avoid recurrences of such lapses. The regulator stated that any repetition of such violations would attract appropriate enforcement action under the SEBI Act, 1992, and relevant rules and regulations.

The company has been advised to initiate corrective steps to make the requisite disclosures. Additionally, Sri Havisha Hospitality and Infrastructure Limited is required to disclose this warning letter to the recognized stock exchanges and place it before its Board in the next meeting. The letter was submitted to the National Stock Exchange of India Limited and BSE Limited on June 29, 2026, by Sivaiah Palla, Company Secretary & Compliance Officer.

In a separate communication to the exchanges, the company explained that the delay in submitting the SEBI letter within 24 hours was due to technical issues. The company stated it did not receive the email from SEBI at its current email ID, as the previous ID was non-functional, and it filed the letter immediately upon receiving information from the National Stock Exchange of India Limited on June 29, 2026.

Sri Havisha Hospitality & Infrastructure Ltd confirmed that its promoters and promoter group did not encumber any shares during the financial year ended March 31, 2026. The disclosure, submitted to BSE and NSE, pertains to the shareholdings of the promoter group and persons acting in concert. This confirmation ensures that no shares were pledged or otherwise encumbered directly or indirectly by these stakeholders during FY26.

The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The regulation requires listed companies to disclose any encumbrance created by promoters on their shareholdings. The declaration was signed by D. V. Manohar, a promoter of the company, on April 06, 2026.

The disclosure identified 18 individuals and entities as part of the promoter or promoter group. The list includes four promoters and 14 promoter group members, ranging from individuals to corporate entities like Nri Prosperity Limited and Shri Shakti Resorts & Hotels Ltd.

Promoter and Promoter Group Details