TajGVK Hotels & Resorts filed its Business Responsibility and Sustainability Report (BRSR) for FY26 with Indian stock exchanges on August 13, 2026. The submission, made pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, forms part of the company’s Annual Report for the fiscal year ended March 31, 2026.

The report outlines the entity’s operational footprint and human capital metrics. As of the end of FY26, the company reported a total workforce of 522 employees and workers. The gender composition included 413 male employees and 21 female employees. The disclosure also noted that there were 0 differently abled employees among the permanent workforce.

Governance and Compliance

The filing addresses compliance with the National Guidelines on Responsible Business Conduct (NGRBC). Under Principle 1, which focuses on integrity and transparency, the company disclosed its adherence to anti-corruption policies and conflict-of-interest management processes. The report includes details on training coverage for NGRBC principles and mechanisms for redressing grievances related to ethical conduct.

Under Principle 4, the entity detailed its stakeholder engagement processes, identifying key groups such as guests, employees, and communities. The company highlighted initiatives under the Tata Affirmative Action Programme (TAAP), focusing on capacity building and cultural preservation.

Environmental Disclosures

Principle 6 of the BRSR framework requires disclosures on environmental impact. TajGVK Hotels & Resorts provided data on energy consumption, water usage, and waste management. Key environmental metrics include:

• Water Discharge: The report lists specific volumes for water discharged, though exact numerical values for total discharge are presented in tabular format within the full document.
• Waste Management: Total waste generated was recorded at 470 units in one category and 488 units in another, with 6 units noted for hazardous waste handling.
• Emissions: The filing includes Scope 1 and Scope 2 greenhouse gas emissions data, alongside air emissions other than GHGs.

The company confirmed it does not have sites identified as designated consumers under the Performance, Achieve and Trade (PAT) Scheme.

Employee Well-being

Under Principle 3, the report detailed measures for employee well-being, including health insurance, accident insurance, and maternity/paternity benefits. The company stated that its workplaces are accessible to differently abled employees as per the Rights of Persons with Disabilities Act, 2016. Training programs covered health and safety measures, as well as skill upgradation, with participation rates disclosed for both male and female employees.

The full BRSR report is available on the company’s website at https://www.tajgvk.in/Annual-Report/BRSR2025-26.pdf .

TajGVK Hotels & Resorts has convened its 31st Annual General Meeting (AGM) for September 9, 2026, to approve a significant corporate restructuring involving a name change and board appointments. The meeting, scheduled for 11:00 am via Video Conferencing or Other Audio Visual Means, marks a pivotal shift as the company moves away from its long-standing association with the Taj brand.

The primary agenda item is a special resolution to change the company’s name from "TajGVK Hotels & Resorts Limited" to "Krishna GVK Luxury Hotels Limited." This rebranding follows the termination of the Name and License Agreement between GVK shareholders and The Indian Hotels Company Limited (IHCL) on December 30, 2025, subsequent to IHCL selling its entire equity stake in the company. The Ministry of Corporate Affairs has already issued a name availability letter dated August 5, 2026, confirming no objection to the proposed change. The company confirmed that the principal business activities remain unchanged.

What the Numbers Show

The proposed dividend of ₹2 per equity share represents a 100% payout on the face value of ₹2 per share. While the filing does not disclose total profit figures to calculate the exact payout ratio against net income, the decision to maintain a 100% face-value dividend suggests a focus on returning capital to shareholders during this transitional period of strategic rebranding. The record date for determining dividend entitlement is fixed for September 1, 2026.

Board Appointments and Governance

The AGM will also address key board transitions. Mrs. G Indira Krishna Reddy, aged 81, seeks reappointment as a Non-Executive and Non-Independent Director liable to retire by rotation. She has served as Managing Director for 25 years and brings over 41 years of experience in project development and finance. Mr. Anoop Vrajlal Mehta also retires by rotation and offers himself for reappointment.

Additionally, shareholders are asked to appoint Mrs. Dia Mehta Bhupal as a Non-Executive and Non-Independent Director under the Promoter category. Currently serving as an Additional Director since July 31, 2026, she holds a BFA in Photography from Parsons School of Design and is known for her work with The Corona Quilt Project.

Shareholder Logistics

The company has closed its register of members from September 2, 2026, to September 9, 2026. Remote e-voting commenced on September 6, 2026, and ends on September 8, 2026, at 5:00 pm. Institutional shareholders must submit board resolutions authorizing their representatives to vote by email to the scrutinizer, Mr. G Narender, Practicing Company Secretary.