Leela Palaces Hotels & Resorts Limited has informed stock exchanges about an income tax assessment order received by its wholly owned subsidiary for Assessment Year 2023-24. The disclosure was made under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Assessment Order Details

Schloss HMA Private Limited (SHPL), the wholly owned subsidiary of Leela Palaces Hotels & Resorts, received the assessment order on February 05, 2026. The order was issued by the Assessment Unit of the Income Tax Department under section 143(3) read with section 144C(3) and section 144B of the Income-tax Act, 1961.

Nature of Assessment

The assessment order addresses transfer pricing adjustments, with the specific adjustment proposed by the transfer pricing officer being considered as a disallowance in the final assessment order. This indicates the order relates to transfer pricing compliance matters for the subsidiary.

Company Response and Impact

Leela Palaces Hotels & Resorts has clarified that there is no material impact on the financial, operational or other activities of the company. SHPL is in the process of filing an appeal before the Commissioner of Income-tax (Appeals) to contest the assessment order.

The company had previously intimated the exchanges about this matter through reference number THELEELA/2025-26/039 dated September 30, 2025, indicating this is a follow-up disclosure regarding the receipt of the final assessment order.

Regulatory Compliance

The disclosure was made in compliance with Part A of Schedule III to the SEBI Listing Regulations and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The information has also been made available on the company's investor website at www.theleela.com/investors .

Leela Palaces Hotels & Resorts Limited has provided positive guidance during its Q3FY26 earnings conference call, with management expressing confidence about exceeding their earlier projections for the fiscal year.

Management Guidance Update

During the earnings call, management indicated that the company expects to exceed its earlier guidance of mid to high teens EBITDA growth for FY26. This optimistic outlook is driven by the strong performance delivered in the first nine months of the fiscal year.

Earnings Call Details

The earnings conference call was conducted on January 16, 2026, where the company's management discussed the financial performance and business developments for the third quarter of fiscal year 2026. The audio recording has been made available in compliance with regulatory requirements.

Strong Performance Trajectory

The management's confidence in exceeding the earlier EBITDA growth guidance reflects the company's robust operational performance during the first nine months of FY26. This positive momentum positions the hospitality company well for achieving better-than-expected financial results for the full fiscal year.

Access Information

The Q3FY26 earnings call recording is available on the company's official website at www.theleela.com . The company has ensured easy accessibility for all stakeholders interested in reviewing the detailed financial discussions and management commentary from the earnings call.