Viceroy Hotels Limited has postponed the meeting of its Rights Issue Committee, which was originally scheduled for July 3, 2026. The delay is attributed to the pending receipt of in-principle approvals from the stock exchanges, as the Draft Letter of Offer is currently under review. The company intends to convene the meeting immediately upon securing the necessary regulatory clearances to proceed with the fundraise.

The board had previously approved raising funds up to ₹107 crores through a rights issue of fully paid-up equity shares to existing shareholders, excluding the Promoter and Promoter group. This decision was taken during a board meeting held on June 29, 2026, at the company's Registered Office in Hyderabad. The fundraise aims to bolster the company's capital base in accordance with the Companies Act, 2013, and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Key Details of the Rights Issue

The following table outlines the parameters of the proposed rights issue:

Regulatory Compliance

The trading window for dealing in the company's shares remains closed for all designated persons and their immediate relatives from June 29, 2026, until 48 hours after the conclusion of the Rights Issue Committee meeting. This closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's Code of Conduct for Regulating, Monitoring, and Reporting of Trading by Insiders.

Viceroy Hotels Limited has closed its trading window for dealing in its securities, effective from July 1, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter ending June 30, 2026. This measure is implemented to ensure compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct for the prevention of insider trading.

The restriction applies to all designated persons, their immediate relatives, and all connected persons covered under the company's code of conduct. The company's Board of Directors is scheduled to meet to consider and approve the standalone and consolidated unaudited financial results for the quarter ending June 30, 2026. A separate intimation regarding the notice of this board meeting will be sent to the stock exchanges.

Key Details

The company has informed the designated persons that they are prohibited from trading in the securities of Viceroy Hotels during the period of closure. The communication was addressed to the managers of BSE Limited and National Stock Exchange of India Limited for their information and records.