Taj gvk hotels & resorts Limited has announced the opening of a special window for shareholders to facilitate the transfer and dematerialisation of physical shares. The initiative comes in response to a recent SEBI circular aimed at providing shareholders with better access to their securities.

SEBI Regulatory Framework

The special window has been established pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026 dated January 30, 2026. The regulatory directive is designed to facilitate shareholders in obtaining rightful access to their securities, particularly those that were sold or purchased prior to April 1, 2019.

Window Timeline and Scope

The special window specifically targets transfer requests that were submitted earlier but could not be processed due to various deficiencies in documents, processes, or other issues. This provides shareholders with a second opportunity to complete their transfer and dematerialisation requirements.

Submission Process and Requirements

Shareholders wishing to avail of this special window must submit their requests for transfer and dematerialisation of physical securities to the company's Registrar and Share Transfer Agent by February 4, 2027. The company has provided clear guidelines for the submission process to ensure smooth processing of requests.

Registrar and Share Transfer Agent Details

Company Communication

The notice was signed by J Srinivas Murthy, CFO & Company Secretary (M.No.FCS4460), and published in both English and Telugu newspapers on February 21, 2026. The company has formally communicated this development to both the Bombay Stock Exchange Limited and The National Stock Exchange of India Ltd on February 27, 2026.

TAJ GVK Hotels & Resorts Limited, with CIN L40109TG1995PLC019349, has its registered office at Taj Krishna, Road No. 1, Banjara Hills, Hyderabad - 500 034, Telangana. The company maintains its commitment to regulatory compliance and shareholder service through this special window initiative.

TAJ GVK Hotels & Resorts Limited has received demand notices from the Assistant Commissioner (ST), Khairatabad-Somajiguda-1 circle, following the dismissal of its appeals by the Telangana VAT Appellate Tribunal. The company disclosed this development under Regulation 30 of SEBI Listing Regulations on February 23, 2026.

Tribunal Dismisses Company Appeals

The Telangana VAT Appellate Tribunal dismissed both appeals filed by the company against revision orders passed by the Deputy Commissioner (CT), Punjagutta Division dated July 11, 2014. These orders pertained to VAT demands for the financial year 2008-09 related to differential VAT on account of hiring banquet equipment.

Outstanding VAT Demands

The demand notices cover liabilities for two hotel properties:

The company had previously deposited 50% of the demanded amounts at the time of filing the appeals, as required under the regulations.

Regulatory Details

Company's Assessment

TAJ GVK Hotels & Resorts stated that there will be no impact on the operations or other activities of the company, with the liability limited to the extent of the above-mentioned demand amounts. The company confirmed that the financial impact is quantifiable and restricted to the outstanding VAT obligations.

Next Steps

The Assistant Commissioner (ST) has directed the company to pay the outstanding arrears within seven days from receipt of the demand notices. Failure to comply within the stipulated timeframe will result in further recovery action being initiated under the act without additional notice. The company must now decide whether to settle the demands or explore further legal remedies available under the tax laws.