Ventive Hospitality approved a corporate guarantee of ₹290 crore to secure credit facilities for its wholly-owned subsidiary, Kelzai Eco Reserves Private Limited. The Board of Directors sanctioned the guarantee during a meeting held on August 4, 2026, in favor of ICICI Bank Limited. This action creates a contingent liability for the parent company, though management stated there is no immediate financial impact on Ventive Hospitality's balance sheet.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III and SEBI Circular No. SEBI HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company notified both the Bombay Stock Exchange and the National Stock Exchange of India regarding the transaction.

Guarantee Details

The corporate guarantee covers 110% of the facility amount availed by Kelzai Eco Reserves. The terms are structured as agreed with the lender, ICICI Bank Limited.

The transaction is at arm's length, with no interest held by the promoter, promoter group, or group companies. Pradip Bhatambrekar, Company Secretary and Compliance Officer, signed the disclosure. The Board Meeting commenced at 5:30 P.M. and concluded at 6:30 P.M. on August 4, 2026.

Ventive Hospitality Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended 31st March 2026, representing the company's inaugural full reporting cycle as a listed entity. Prepared on a consolidated basis and subjected to reasonable assurance by IQRS (India) Private Limited, the report covers the company's hospitality and mixed-use portfolio across India and the Maldives. The filing was submitted to BSE Limited and the National Stock Exchange of India on 3rd August 2026.

Company Overview and Financial Profile

Ventive Hospitality Limited, incorporated in 2002 and registered at Tech Park One, 2nd Floor, Tower D, Yerwada, Pune, Maharashtra – 411006, reported a turnover of ₹24,610.5 million and net worth of ₹67,608 million for FY 2025-26. The company's paid-up capital stands at INR 23,35,41,608. Its business activities are primarily concentrated in two segments, as detailed below.

The company operates 13 national hotel properties and 1 office in India, along with 3 international properties. Its markets span 3 Indian states and 1 country (Maldives). Customers span both B2B segments — hotel brand partners, corporate crew accommodation clients, and commercial tenants — and B2C segments comprising in-house hotel guests, food and beverage patrons, and retail customers.

Workforce and Diversity

As at the end of FY 2025-26, Ventive Hospitality employed a total of 3,108 employees and 3 workers. The workforce composition and gender representation are summarised below.

Women constituted 16.67% of the Board of Directors (1 out of 6 members) and 19.39% of employees other than Board and KMP. The company has set a target to increase women's representation in its workforce from the current baseline of 19.37% to 30% by FY 2029-30. The permanent employee turnover rate for FY 2025-26 stood at 2.78% overall (male: 4.09%; female: 0%). FY 2025-26 is the company's first BRSR reporting year; prior-year turnover figures are therefore not available.

Gross wages paid to female employees as a percentage of total wages were 16.79% in FY 2025-26, compared to 15.83% in FY 2024-25. All permanent employees are paid above the statutory minimum wage. The company spent 0.272% of total revenue on employee well-being measures in FY 2025-26, compared to 0.395% in the previous year.

Environmental Performance

FY 2025-26 serves as the baseline year for the company's environmental disclosures, all of which have been subjected to reasonable assurance by IQRS (India) Private Limited.

Greenhouse Gas Emissions

Scope 3 emissions have not been quantified for FY 2025-26. A Scope 3 inventory is under development, and disclosures are expected from future reporting periods. The company has committed to net-zero operations by FY 2049-50.

Energy Consumption

Water Management

Total water withdrawal for FY 2025-26 was 1,879,387.78 kilolitres, with seawater/desalinated water accounting for 1,329,764.57 KL and third-party water for 549,480.21 KL. Total water consumption stood at 997,427.07 KL. Water intensity per Occupied Room Night was 1.479 KL, compared to 1.544 KL in FY 2024-25. The company targets a 15% reduction in water intensity by FY 2029-30, supported by 100% Sewage Treatment Plant coverage at all operational properties by FY 2026-27.

Waste Management

Total waste generated in FY 2025-26 was 5,605.069 metric tonnes, compared to 3,371.150 metric tonnes in FY 2024-25. The increase is primarily attributed to improvements in waste measurement and reporting systems enabling fuller capture of waste quantities. Of the total waste, 2,099.126 MT was recycled, 255.198 MT was reused, and 2,208.194 MT was recovered through other operations.

ESG Targets and Governance

The company has established the following time-bound ESG commitments:

• Renewable electricity: Increase share of renewable energy (electricity) by 50% by FY 2029-30
• Water intensity: Achieve a 15% reduction in water intensity by FY 2029-30
• Gender diversity: Increase women's workforce representation from 19.37% to 30% by FY 2029-30
• Net Zero: Achieve net-zero operations across the portfolio by FY 2049-50

Sustainability oversight is vested in a Board-level ESG Committee comprising the Chief Financial Officer, General Counsel, Company Secretary & Compliance Officer, and one additional member. The committee meets quarterly to review material ESG KPIs. Mrs. Zarina Chinoy, General Counsel, is the highest authority responsible for implementation and oversight of the company's Business Responsibility policies.

Compliance, Human Rights and Consumer Protection

The company reported zero complaints across all stakeholder groups — communities, investors, shareholders, employees, customers, and value chain partners — in both FY 2025-26 and FY 2024-25. Five sexual harassment complaints were filed under the POSH Act during FY 2025-26 (compared to 2 in FY 2024-25); all were investigated and resolved within prescribed timelines, with nil pending at year end. No complaints were upheld. Zero complaints were recorded across data privacy, cybersecurity, advertising, delivery of essential services, and restrictive or unfair trade practices in either year.

A tax demand of ₹6,37,96,318 raised by the Deputy Commissioner of Income Tax, Circle 1, Pune, on account of a computation error in an assessment order was fully nullified via a rectification order dated 23rd April 2026 under Section 154 of the Income Tax Act, 1961, reducing the demand to nil. No disciplinary actions for bribery or corruption were recorded against any director, KMP, employee, or worker in either the current or previous financial year.

The company's 14 subsidiaries include both domestic and international entities. FINEST-VN Business Park Private Limited (Soho House Mumbai), which joined the consolidated group in February 2026, is not included in the BRSR reporting boundary for FY 2025-26 and will be covered from FY 2026-27. KBJ Hotel & Restaurants Private Limited and Nagenahira Resorts (Pvt) Ltd are yet to commence operations and are similarly excluded from operational disclosures.