Vikram Kamats Hospitality Expands Footprint with New Hotel Lease in Bengaluru's Manyata Tech Park

2 min read     Updated on 04 Sept 2025, 05:38 PM
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Reviewed by
Jubin VergheseScanX News Team
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Overview

Vikram Kamats Hospitality Limited's subsidiary, Vitizen Hotels Limited, has secured a long-term lease for a 45-key hotel property in Bengaluru's Manyata Tech Park. This strategic move aligns with the company's expansion strategy in key metropolitan markets, focusing on asset-light models and long-term leases. The new property is expected to strengthen VKHL's presence in Southern India, enhance operating leverage, and contribute to consolidated business revenue. Managing Director Vikram Kamat emphasized the importance of this milestone in catering to the growing demand from business and corporate travelers in Bengaluru's dynamic market.

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Vikram Kamats Hospitality Limited (VKHL) has announced a significant expansion of its portfolio through a strategic move by its material subsidiary, Vitizen Hotels Limited. The company has secured a long-term lease agreement for a hotel property in the heart of Bengaluru's bustling Manyata Tech Park, marking a crucial step in its growth strategy within key metropolitan markets.

Strategic Location and Property Details

The newly leased property comprises approximately 45 keys and is strategically situated within Manyata Tech Park, one of Bengaluru's prominent IT hubs. This location positions the hotel to cater to a growing demand from corporate travelers, business professionals, and long-stay guests in the region.

Expansion Strategy and Business Model

This development aligns with VKHL's expansion strategy, which focuses on growing its presence in key metropolitan cities through a combination of asset-light models and long-term lease arrangements. The addition of this property is expected to:

  • Strengthen the company's brand presence in Southern India
  • Enhance operating leverage
  • Diversify the portfolio in the Southern market
  • Contribute meaningfully to consolidated business revenue

Management's Perspective

Mr. Vikram Kamat, Managing Director of Vikram Kamats Hospitality Limited, commented on the development: "This marks another important milestone in our expansion journey. The strategic location of this property at Manyata Tech Park, Bengaluru, positions us to cater to the growing demand from business and corporate travelers in one of India's most dynamic markets."

He further added, "With this addition, we further strengthen our portfolio under the asset-light model, which we believe will drive sustainable growth and create long-term value for our stakeholders."

Company Background

Vikram Kamats Hospitality Limited, incorporated in 2007 and headquartered in Mumbai, is a prominent Indian hospitality company known for its mid-scale hotels and iconic vegetarian restaurant chains. The company operates through three strategic business verticals:

  1. COCO / Leased Model: Directly owns or operates select hotels and restaurants
  2. Managed / Franchised Model: Partners with third-party operators under VKHL brands
  3. Vitizen Hotels Ltd.: An 84% subsidiary managing the VITS Hotels & Resorts portfolio

With more than 25 hotels, 29 restaurants, and a growing national footprint, VKHL has established a strong presence across key markets in India's fast-growing hospitality sector.

This latest expansion in Bengaluru's Manyata Tech Park reinforces VKHL's commitment to growth and its strategy of targeting high-demand locations with asset-light models. As the company continues to expand its footprint, it aims to capitalize on the increasing demand for quality hospitality services in India's burgeoning business hubs.

Historical Stock Returns for Vikram Kamats Hospitality

1 Day5 Days1 Month6 Months1 Year5 Years
+0.02%+2.71%+8.57%+3.23%-14.64%+437.82%
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Vikram Kamats Hospitality Schedules Board Meeting for Q1 FY2026 Results and Fund Raising Plans

1 min read     Updated on 13 Aug 2025, 12:59 AM
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Reviewed by
Ashish ThakurScanX News Team
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Overview

Vikram Kamats Hospitality Limited has scheduled a board meeting for August 14, 2025, to approve Q1 FY2026 financial results and discuss fund raising options, including equity issuance through preferential issue and private placements. The company has closed its trading window until August 16, 2025, for insiders and connected persons.

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*this image is generated using AI for illustrative purposes only.

Vikram Kamats Hospitality Limited , a player in the hospitality sector, has announced a crucial board meeting scheduled for August 14, 2025. The meeting agenda includes two significant items that could impact the company's financial landscape and future growth strategies.

Financial Results Review

The Board of Directors will convene to approve the unaudited standalone and consolidated financial results for the first quarter of the fiscal year 2026, ending June 30, 2025. This review will provide insights into the company's performance during the initial months of the new financial year.

Fund Raising Considerations

In a move that signals potential expansion or capital restructuring, the board will also deliberate on raising funds through various means. The options under consideration include:

  • Issuance of equity shares via preferential issue
  • Private placements
  • Other methods of fund raising

This decision could have significant implications for the company's capital structure and future growth initiatives.

Trading Window Closure

In line with regulatory compliance and to ensure fair trading practices, Vikram Kamats Hospitality has announced the closure of the trading window for specific individuals associated with the company. This temporary restriction will be in effect until August 16, 2025, and applies to:

  • Promoters
  • Directors
  • Designated employees
  • Connected persons
  • Insiders

The trading window closure is a standard practice to prevent insider trading and maintain market integrity during periods when price-sensitive information is being discussed or finalized.

Investors and market watchers will be keenly awaiting the outcomes of this board meeting, particularly the Q1 FY2026 financial results and any decisions regarding fund raising. These developments could provide valuable insights into Vikram Kamats Hospitality's financial health and strategic direction for the coming year.

Historical Stock Returns for Vikram Kamats Hospitality

1 Day5 Days1 Month6 Months1 Year5 Years
+0.02%+2.71%+8.57%+3.23%-14.64%+437.82%
Vikram Kamats Hospitality
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