ECO Hotels & Resorts has unveiled plans for a significant rights issue, aiming to raise Rs. 1,957.27 lakh through the issuance of partly paid-up equity shares. The company's Right Issue Committee has set key dates and terms for this capital-raising initiative.

Rights Issue Details

The hospitality company will issue 1,28,76,808 partly paid-up equity shares at a price of Rs. 15.20 per share. The rights issue will follow a 1:4 ratio, offering shareholders one new equity share for every four shares held. Key dates for the rights issue are as follows:

• Record Date: August 29, 2025
• Issue Opening Date: September 8, 2025
• Last Date for Market Renunciations: September 11, 2025
• Issue Closing Date: September 17, 2025

Payment Structure

The payment for the rights issue will be structured in two parts:

The subsequent call(s) will be determined by the Board or a duly authorized committee at its discretion.

Corporate Actions

The rights issue follows a series of board meetings held on December 4, 2024, January 14, 2025, and March 5, 2025, where the issuance of partly paid-up equity shares was approved. The total amount to be raised through this rights issue will not exceed Rs. 2,000.00 lakh, in accordance with the Companies Act, 2013, and SEBI regulations.

Investor Considerations

Eligible shareholders are advised to ensure that any off-market renunciations are completed in a manner that credits the Rights Entitlements to the renouncee's demat account on or before the Issue Closing Date. The company's board retains the right to extend the issue period, not exceeding 30 days from the Issue Opening Date.

This rights issue represents a significant opportunity for existing shareholders to increase their stake in ECO Hotels & Resorts, as the company seeks to strengthen its capital base. Investors should carefully review the Letter of Offer, which will be filed with BSE Limited, for detailed terms and the application procedure.

ECO Hotels & Resorts, formerly known as Sharad Fibres & Yarn Processors Limited, operates various hotel brands including THE ECO GRAND™, ECO HOTELS™, and THE ECO™ among others. The company continues to expand its presence in the hospitality sector through strategic financial initiatives such as this rights issue.

ECO Hotels & Resorts Limited , a company engaged in hotel operation and management, has announced its unaudited financial results for the latest quarter. The company reported a standalone net loss of Rs. 119.18 lakhs, while the consolidated net loss stood at Rs. 134.64 lakhs for the period.

Financial Performance

The company's financial performance for the quarter is summarized in the table below:

Key Highlights

• The total income from operations on a standalone basis was Rs. 28.77 lakhs, while on a consolidated basis, it reached Rs. 33.07 lakhs.
• The company experienced a net loss of Rs. 119.18 lakhs on a standalone basis and Rs. 134.64 lakhs on a consolidated basis.
• The results were reviewed by the Audit Committee and approved by the Board of Directors.

Regulatory Compliance

In compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ECO Hotels & Resorts Limited published the financial results in newspapers. The results appeared in The South India Times (English) and Chandrika Daily (Malayalam) newspapers in Kerala.

Company Overview

ECO Hotels & Resorts Limited, formerly known as Sharad Fibres & Yarn Processors Limited, operates under various brands including THE ECO GRAND™, ECO HOTELS™, THE ECO™, THE ECO SATVA™, ECOXPRESS™, ECOXPRESS SATVA™, and ECOVALUE™. The company's registered office is located in Cochin, Kerala.

Investors and stakeholders can access the detailed financial results on the company's website at www.ehrlindia.in .

The hospitality industry continues to face challenges, and ECO Hotels & Resorts Limited's financial results reflect the ongoing pressures in the sector.