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 will hold its 25th Annual General Meeting (AGM) on Wednesday, August 26, 2026, to approve consolidated financial results that show profit after tax (PAT) surging to ₹5,019 Mn in FY26, up from ₹483 Mn in the prior year. The meeting, conducted via Video Conferencing or Other Audio-Visual Means (VC/OAVM), serves as the forum for shareholders to ratify this significant profitability turnaround and re-appoint key board members. The surge in earnings reflects strong operational performance across its hospitality portfolio, driven by higher occupancy rates and average room rates in both domestic and international segments.

The notice for the AGM was published in newspapers Financial Express (English) and Loksatta (Marathi) on August 4, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Integrated Annual Report and AGM notice were dispatched electronically to members with registered email addresses on August 3, 2026. For shareholders without registered emails, letters containing web-links and login credentials for remote e-voting were also dispatched on August 3, 2026, in compliance with Regulation 36(1)(b) of the Listing Regulations.

Key AGM Agenda Items

Shareholders will consider two primary resolutions during the meeting:

Mr. Chordia, who has served as an Executive Director since February 12, 2002, is eligible for re-appointment under Section 152 of the Companies Act, 2013. He did not receive any remuneration from Ventive Hospitality during FY26.

E-Voting Procedures

Remote e-voting through National Securities Depository Limited (NSDL) opens on Sunday, August 23, 2026, at 9:00 a.m. IST and closes on Tuesday, August 25, 2026, at 5:00 p.m. IST. The cut-off date for voting eligibility is Wednesday, August 19, 2026. Members whose names appear in the register of members or beneficial owners as of the cut-off date are entitled to vote. Those who have already cast remote votes may attend the AGM but cannot vote again. Queries regarding e-voting can be directed to NSDL at evoting@nsdl.com or Company Secretary Pradip Bhatambrekar at cs@ventivehospitality.com .

FY26 Financial Performance

Ventive Hospitality delivered robust financial results for the year ended March 31, 2026. Consolidated total income rose to ₹26,661 Mn from ₹21,595 Mn in FY25. EBITDA grew 28% to ₹12,987 Mn, while PAT jumped more than tenfold to ₹5,019 Mn. Earnings per share (EPS) increased to ₹18.23 from ₹6.83.

EBITDA margin stood at 49%. The Indian hospitality business contributed EBITDA of ₹3,374 Mn (24% YoY growth), international properties delivered ₹3,977 Mn (42% growth), and the annuity business generated ₹4,521 Mn. On a standalone basis, total income was ₹7,428.50 Mn versus ₹6,289.28 Mn in the prior year, with net profit of ₹2,289.21 Mn against ₹1,337.05 Mn.

Balance Sheet and Leverage

As of March 31, 2026, consolidated gross debt stood at ₹19,994 Mn, comprising ₹12,326 Mn in rupee-denominated debt and ₹7,668 Mn in USD-denominated debt. Cash and cash equivalents were ₹5,179 Mn, resulting in net debt of ₹14,814 Mn. Key leverage metrics improved significantly:

The average cost of debt remains competitive at 7.3% for rupee loans and 6.2% for USD loans. The company holds a CRISIL AA Stable rating, with material subsidiary PCPPL rated AA+ Stable and Novo Themes rated AA Stable.

Business Portfolio and Operational Highlights

Ventive Hospitality operates 14 hotels with 2,199 keys across India and the Maldives, complemented by approximately 3.4 million sq. ft. of prime office and retail developments. The hospitality revenue breakdown for FY26 is as follows:

India's Average Room Rate (ARR) increased 13% YoY to ₹12,516, while Total RevPAR (TRevPAR) rose 12% to ₹15,007. International revenue grew 31% YoY to ₹11,333 Mn, with occupancy improving to 63% from 57%. The Maldives portfolio recorded 31% revenue growth, 42% EBITDA growth, and TRevPAR of ₹72,167 (+15%) in FY26. The hospitality portfolio generated ₹7,352 Mn EBITDA across approximately 2,199 operational keys, delivering the highest EBITDA-per-key among listed Indian hotel owners.

During the year, the company expanded its portfolio through acquisitions of Hilton Goa Resort, Sol de Goa, Soho House Mumbai, and Narmada Estates. The company also filed a scheme of amalgamation of EON-Hinjewadi Infrastructure Private Limited, Restocraft Hospitality Private Limited, and Wellcraft Infraprojects Private Limited into Ventive Hospitality Limited with the National Company Law Tribunal on September 12, 2025.

Director Profile and Shareholding

Mr. Atul Ishwardas Chordia is a Non-Independent Executive Director and the Founder and Chairman of Panchshil Realty. His shareholding structure as of March 31, 2026 is detailed below:

Mr. Chordia holds directorships in several other entities, including Eon Kharadi Infrastructure Private Limited, Wakad Realty Private Limited, and Panchshil IT Park Private Limited. The company confirmed that he is not debarred from holding office by SEBI or any other authority.

ESG and CSR Highlights

Ventive Hospitality spent ₹38 Mn on CSR activities in FY26, primarily towards advancing cancer care at the National Cancer Institute, Nagpur (₹35 Mn) and support to the Indian Cancer Society, Delhi (₹3 Mn). Key environmental performance indicators for FY26 include total water consumption of 997,427 kilolitres, total GHG emissions of 58,089 tCO2e, and waste generated of 86,085 metric tonnes. The company has committed to net-zero emissions by FY 2050, over 50% renewable electricity by FY 2030, and a 15% reduction in water intensity by FY 2030. Total solar rooftop capacity across the portfolio stands at 3,660 kWp.