Eco Hotels and Resorts Limited has announced that its Rights Issue Committee will convene on March 14, 2026, to deliberate on making second call(s) on outstanding partly paid-up equity shares. The meeting represents a significant step in the company's ongoing rights issue process.

Rights Issue Committee Meeting Details

The committee meeting is scheduled to address the substantial number of partly paid-up equity shares currently outstanding under the company's rights issue program.

Background and Previous Approvals

The rights issue initiative has been progressing through multiple stages of board approvals and regulatory compliance. Eco Hotels and Resorts Limited has maintained transparency throughout the process with regular intimations to the stock exchange.

Key Timeline Events

Regulatory Framework

The rights issue has been structured in accordance with comprehensive regulatory requirements. The company has ensured compliance with multiple regulatory frameworks governing the issuance of partly paid equity shares.

Applicable Regulations:

• Companies Act, 2013 and rules made thereunder
• SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
• SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• Other applicable laws as amended

Company Information

Eco Hotels and Resorts Limited operates as a hospitality company promoted by Eco Hotels UK PLC. The company maintains its registered office in Ernakulam, Kerala, and corporate office in Mumbai. The company operates multiple hotel and food & beverage brands across different market segments, positioning itself as a carbon neutral hotel brand in the hospitality sector.

Eco Hotels and Resorts Limited has completed the dispatch of first reminder notices for payment of first call money on partly paid-up equity shares on March 5, 2026, following previous communications regarding outstanding payments on shares allotted through a rights issue.

Dispatch Completion and Outstanding Share Details

The company completed the dispatch of first reminder notices in electronic mode to shareholders whose email addresses are registered with the company or its Registrar and Transfer Agent (RTA) or Depository Participants. Physical copies were sent to shareholders who have not registered email addresses or specifically requested hard copies.

First Call Payment Structure and Timeline

The Rights Issue Committee has determined the first call amount structure for the outstanding shares. The total first call amount is Rs. 3.80 per partly paid-up equity share, comprising specific allocations toward face value and securities premium.

The payment period extends from March 19, 2026, to April 2, 2026, both days inclusive. This reminder follows previous communications sent on January 2, 2026, January 12, 2026, and February 17, 2026.

Rights Issue Background

The company had originally issued 1,28,76,808 partly paid-up equity shares of face value Rs. 10.00 at an issue price of Rs. 15.20 on rights basis in the ratio of 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. An amount of Rs. 3.80 per rights equity share was paid on application, with the balance amount of Rs. 11.40 per share payable in subsequent calls.

Payment Instructions and Support

Shareholders can access the reminder notice and payment instructions on the company's website at www.ehrlindia.in or the RTA's website at www.bigshareonline.com . For queries related to first call payment, shareholders can contact the RTA at +91 022 62638200 (operational Monday to Friday, 10:00 AM to 5:00 PM) or email rightsissue@bigshareonline.com .

The company has warned that failure to pay the first call money shall render the partly paid-up rights equity shares, including amounts already paid, liable to be forfeited in accordance with the Companies Act, 2013, SEBI regulations, and the company's Articles of Association.