Robust Hotels Limited (NSE: RHL, BSE: 543901) has announced a significant modification to its loan agreement with Novak Hotels Private Limited, as disclosed in a filing to the stock exchanges on July 28, 2025.

Key Changes in the Loan Agreement

The amendment, which was mutually agreed upon by both parties, introduces the following changes:

• Interest payment frequency has been altered from quarterly to annual.
• The new payment schedule is effective retrospectively from April 1, 2025.
• All other terms and conditions of the original agreement remain unchanged.

Background of the Loan Agreement

The original loan agreement, which this amendment modifies, was initially entered into in April 2024. It pertains to a short-term loan or advance provided by Robust Hotels Limited to Novak Hotels Private Limited.

Regulatory Compliance

Robust Hotels Limited has made this disclosure in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's Company Secretary and Compliance Officer, Yasotha Benazir N, signed off on the regulatory filing.

Impact and Outlook

While the amendment represents a change in the interest payment schedule, it's important to note that the core terms of the loan remain unaltered. This adjustment to annual payments from the previous quarterly structure may impact the cash flow timing for both entities involved.

Investors and stakeholders of Robust Hotels Limited should take note of this change, as it could have implications for the company's periodic financial reports and cash flow statements going forward.

As always, it is advisable for investors to consider such amendments in the context of the company's overall financial strategy and performance when making investment decisions.

Robust Hotels Limited has announced a significant amendment to its loan agreement with Novak Hotels Private Limited, as disclosed in a filing to the stock exchanges on July 28, 2025.

Key Changes in the Loan Agreement

The primary modification to the agreement involves the interest payment schedule:

• New Payment Schedule: Interest on the loan amount will now be payable annually, replacing the previous quarterly payment arrangement.
• Effective Date: This change is implemented retrospectively, taking effect from April 1, 2025.
• Original Agreement: The amendment pertains to a short-term loan/advance agreement initially established in April 2024.

Details of the Amendment

• The revision was made through a mutual agreement between Robust Hotels Limited and Novak Hotels Private Limited.
• All other terms and conditions from the original loan agreement remain unaltered.
• The company emphasized that this amendment was executed with the consent of both parties involved.

Regulatory Compliance

Robust Hotels Limited has made this disclosure in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company Information

Robust Hotels Limited, with its registered office in Chennai, operates in the hospitality sector.

This strategic adjustment in the loan terms reflects the company's active management of its financial obligations. Shareholders and potential investors may want to consider how this change might impact the company's cash flow and financial planning in the coming years.