Sri Havisha Hospitality sets Sep 26 AGM for sweat equity, RPT approvals
- Sri Havisha Hospitality schedules 33rd AGM for September 26, 2026
- Agenda includes revalidation of 1.5 crore sweat equity shares for CMD
- Omnibus approval sought for related-party transactions up to ₹9 crore
- Record date for e-voting is set for September 18, 2026
*this image is generated using AI for illustrative purposes only.
Sri Havisha Hospitality & Infrastructure Ltd has scheduled its 33rd annual general meeting for September 26, 2026. The agenda includes the revalidation of a sweat equity share issue and the approval of material related-party transactions.
The Board of Directors recommended the meeting during a session held on August 12, 2026. The event will be conducted via video conferencing or other audio-visual means at 5:30 pm on Saturday, September 26, 2026.
Corporate Action Details
Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the firm specified the timeline for voting eligibility and book closure. The annual report was filed in compliance with Regulation 34 of the same regulations.
| Event | Date |
|---|---|
| Record Date for E-voting | September 18, 2026 |
| Book Closure Start | September 19, 2026 |
| Book Closure End | September 26, 2026 |
| AGM Date | September 26, 2026 |
The Register of Members and Share Transfer Books will remain closed from September 19, 2026, until September 26, 2026, both days inclusive. This closure facilitates the accurate determination of shareholders eligible to participate in the AGM proceedings.
Key Agenda Items
The meeting will transact ordinary business, including the adoption of audited financial statements for FY26 and the reappointment of Ms. Deekshita Dontamsetti as a director retiring by rotation.
Special business items include:
- Sweat Equity Revalidation: Approval for the issuance of 1,50,00,000 sweat equity shares of ₹2 each to Mr. Venkat Manohar Dontamsetti, Chairman and Managing Director. This revalidates a previous resolution that lapses on September 19, 2026. The shares are issued for non-cash consideration based on value addition, including the renewal of a 30-year land lease at Begumpet Airport.
- Related-Party Transactions (RPTs): Omnibus approval for transactions with Mr. Venkat Manohar Dontamsetti, including lending/borrowing up to ₹9 crore or 100% of turnover, whichever is higher. As of March 31, 2026, borrowings from related parties totaled approximately ₹472.46 lakh across four entities.
E-Voting and Participation
Shareholders holding shares as on the record date of September 18, 2026, are eligible to vote. Remote e-voting will be available from September 23, 2026, at 9:00 am to September 25, 2026, at 5:00 pm via NSDL’s platform. The facility is limited to 1,000 members on a first-come, first-served basis, excluding large shareholders, promoters, and institutional investors.
The disclosure was issued on September 3, 2026, by Sivaiah Palla, Company Secretary & Compliance Officer.
Historical Stock Returns for Sri Havisha Hospital
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.47% | +4.55% | -1.43% | +17.95% | -28.87% | +10.40% |
How will the issuance of 1.5 million sweat equity shares to the CMD impact existing shareholder equity and potential dilution in the short term?
What specific performance metrics or milestones must be met to justify the non-cash consideration for the sweat equity, particularly regarding the Begumpet Airport lease renewal?
Given the omnibus approval for related-party transactions up to ₹9 crore, what safeguards are in place to prevent conflicts of interest or excessive leverage?
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