Uhm Vacation has scheduled its 17th annual general meeting for September 30, 2026. The board of directors approved the standalone and consolidated audited financial statements for FY26 during a meeting held on September 8, 2026.

The company will conduct the meeting through video conferencing or other audio-visual means. Shareholders on record as of the cut-off date will be eligible to vote electronically.

Key Resolutions

The board considered several ordinary and special business items for shareholder approval:

• Adoption of standalone and consolidated audited financial statements for the fiscal year ended March 31, 2026.
• Re-appointment of Mr. Rafiuddin Khan as a director, who retires by rotation.
• Appointment of Mr. Varun Kabra as secretarial auditor for five years, commencing from FY27.
• Appointment of Mr. Varun Kabra as scrutinizer for remote e-voting and voting during the AGM.

Director Details

Mr. Rafiuddin Khan, aged 51, seeks re-appointment as a non-executive director. He holds a master’s degree in science and a postgraduate diploma in business administration. His expertise includes operations management, with prior experience at Dabur India Ltd and Hamdard Laboratories (India).

Secretarial Audit

The board approved the appointment of M/s Varun Kabra & Associates as secretarial auditors. Mr. Kabra, a practicing company secretary with over four years of experience, will serve for five consecutive years starting from FY27. The remuneration for his services will be determined by the board.

Meeting Logistics

The share transfer book and register of members will remain closed from September 24, 2026, to September 30, 2026. The facility for remote e-voting is available via CDSL and NSDL platforms. Shareholders holding shares in physical mode can register on the InstaVote portal.

UHM Vacation Limited has entered into a B2B agreement with Itrip LLC, a Riyadh-based entity, to expand its footprint in international travel services. The partnership, announced on August 17, 2026, positions UHM Vacation as a Destination Management Company (DMC) providing hotel accommodation and related travel services for resale by Itrip through its business-to-business and business-to-consumer channels.

The agreement focuses on operational integration through an Extranet platform, allowing for the sharing of inventory, real-time availability, and bookable rates. This technical linkage is designed to streamline the booking process for Itrip’s clients while ensuring UHM Vacation’s inventory is visible and accessible in real time.

Deal Structure and Terms

The commercial terms of the agreement specify that rates will be provided in US dollars on a net and non-commissionable basis. This pricing structure implies that Itrip will purchase the services at a fixed net rate and manage its own margin on the resale to end customers, rather than paying a commission on top of rack rates.

Key operational components of the contract include:

• Applicable payment terms between the two entities.
• Defined booking and cancellation procedures.
• Clear allocation of operational responsibilities.

The agreement has an initial validity period of one year from the effective date. It includes an automatic renewal clause for successive one-year terms unless either party terminates the arrangement in accordance with the specified terms.

Strategic Implications

UHM Vacation stated that the agreement was entered into in the ordinary course of business. The company expects the partnership to strengthen its relationships with international B2B partners and contribute to its broader travel and tourism business segment.

By partnering with a Saudi-based entity, UHM Vacation is targeting the growing travel demand from the Middle East region. The use of USD for transactions aligns with standard international trade practices for travel services, mitigating currency risk for the Indian provider against the Indian rupee.

The disclosure was made pursuant to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, informing the BSE Limited and shareholders of the material development.