Eco Hotels & Resorts Limited has officially dispatched first call money notices to shareholders holding partly paid-up equity shares issued under its rights offering. The company completed the electronic dispatch of notices on January 09, 2026, to eligible shareholders whose email addresses are registered with the company or its registrar.

Rights Issue Background

The first call notice relates to the company's rights issue conducted under the Letter of Offer dated August 29, 2025. The company had issued 1,28,76,808 partly paid-up equity shares of face value ₹10.00 each at an issue price of ₹15.20 per share on a rights basis. The rights ratio was 1 partly paid-up rights equity share for every 4 fully paid-up equity shares held as on the record date of August 29, 2025.

First Call Money Details

The Rights Issue Committee, in its meeting held on January 02, 2026, approved the first call of ₹3.80 per rights share. The first call record date was fixed as January 08, 2026, to determine eligible shareholders for the first call money payment.

Payment Options and Instructions

Shareholders can make payments through multiple modes during the specified period. The company has provided detailed instructions for each payment method to ensure smooth processing.

Available Payment Modes:

• Online ASBA through Self-Certified Syndicate Banks (SCSBs) websites
• Physical ASBA by submitting application forms to designated SCSB branches
• 3-in-1 online trading-demat-bank account facility offered by brokers

The company has emphasized that cash payments will not be accepted, and part payments will be treated as non-payment, potentially leading to forfeiture of shares.

Consequences of Non-Payment

The company has outlined specific consequences for shareholders who fail to make the first call payment by the due date:

• Interest charges of 10.00% per annum on delayed payments beyond February 10, 2026
• Deduction of outstanding amounts from future dividend payments
• Potential forfeiture of partly paid-up equity shares, including amounts already paid

Trading Suspension and Administrative Details

Trading of the ₹2.50 partly paid-up equity shares (ISIN: IN9638N01010) has been suspended on the stock exchange effective January 08, 2026, due to the first call process. The company's registrar and transfer agent, Bigshare Services Private Limited, is handling all administrative aspects of the first call process.

Shareholders can access the first call notice and related documents on the company's website at www.ehrlindia.in or the registrar's website at www.bigshareonline.com . For queries, shareholders can contact the registrar at +91 022 62638200 during business hours or email rightsissue@bigshareonline.com .

Eco Hotels and Resorts Limited has announced a significant expansion initiative with its Board of Directors granting in-principle approval for acquiring 11 hotel properties across major Indian cities on a long-term lease basis. The decision was made during a board meeting held on December 26, 2025, marking a strategic move to strengthen the company's presence in key hospitality markets.

Greenfield Development Projects

The expansion plan includes three greenfield projects that will establish new hotel properties from the ground up:

Brownfield Property Acquisitions

The company plans to acquire seven existing properties for renovation and rebranding across strategic locations:

Bangalore and Gurugram Properties

• Bangalore (Koramangala): 40-room property featuring rooftop facilities, banquet hall, restaurant, and ground floor cafeteria
• Gurugram (Sector 52): 32-room property with restaurant and banquet facilities

Religious Tourism Destinations

The company is targeting properties in prominent pilgrimage destinations:

Udaipur Heritage Properties

Two properties in the heritage city of Udaipur are included in the acquisition plan:

• Property 1: 20 rooms with rooftop restaurant accommodating 35-40 guests and ground floor cafeteria
• Property 2: 43 rooms with banquet and restaurant facilities on the ground floor

Ready-to-Operate Asset

The expansion includes one ready project in Hyderabad's Hitech City area, featuring 48 rooms and a rooftop restaurant, allowing for immediate operational integration.

Strategic Implementation

The Board of Directors has emphasized the importance of thorough evaluation before finalizing any agreements. Management has been advised to conduct comprehensive due diligence prior to entering into lease agreements for these properties. This cautious approach reflects the company's commitment to strategic growth while maintaining operational excellence.

The board meeting, which commenced at 4:30 PM and concluded at 6:45 PM on December 26, 2025, demonstrates Eco Hotels and Resorts Limited's ambitious expansion strategy across diverse market segments including business hotels, heritage tourism, and religious pilgrimage destinations.