Latest news about HBG Hotels
HBG Hotels
68.65
-0.34(-0.49%)
Company Performance:
View Company Insights1D-0.49%
1M-14.03%
6M-4.72%
1Y-58.14%
5Y+386.88%
More news about HBG Hotels
09May 26
HBG Hotels Board Approves Interim Dividend, Marriott Hotel Agreements, and Warrant Forfeiture
HBG Hotels Limited's Board meeting on May 8, 2026 approved an interim dividend of 1.5% (Rs. 0.15 per equity share) and 1% (Rs. 0.10 per preference share) for FY ending March 31, 2026, with record date May 15, 2026. The Board also approved hotel agreements with Marriott for a Kerala project, noted a Taj Group MOA for Palolem Resort, forfeited 4,45,000 unexercised convertible warrants, approved NSE listing, and appointed CBRE for a Branded Residences feasibility study in Goa.
30Apr 26
HBG Hotels Limited Schedules Board Meeting on May 8, 2026 to Consider Interim Dividend for FY 2025-26
HBG Hotels Limited has scheduled a board meeting for May 8, 2026, to consider interim dividend on equity shares for FY 2025-26. The record date has been fixed as May 15, 2026, for determining shareholder entitlement. Trading window restrictions will apply to designated persons as per SEBI insider trading regulations.
11Feb 26
HBG Hotels Limited Reports 67% Decline in Q3FY26 Net Profit to ₹72.18 Lacs
HBG Hotels Limited reported Q3FY26 results showing net profit declined 67% to ₹72.18 lacs from ₹219.47 lacs year-on-year. Total income fell 16% to ₹926.71 lacs primarily due to 79% drop in other operating income. Nine-month net profit decreased 62% to ₹182.08 lacs. Despite yearly challenges, the company showed sequential quarterly improvement with 47% income growth and 79% sales increase from Q2FY26.
05Nov 25
Phoenix Township Limited Rebrands as HBG Hotels Limited
Phoenix Township Limited, a hospitality company operating hotels in Goa and Kerala, has officially changed its name to HBG Hotels Limited effective November 4, 2025. The change was approved by the Ministry of Corporate Affairs' Registrar of Companies. The company's CIN remains unchanged. The rebranding does not affect stakeholder rights and liabilities. HBG Hotels Limited will display both old and new names at all locations for two years. The company continues to operate Park Inn by Radisson in Goa and Phoenix Island Resort in Kerala.
01Apr 25
Phoenix Township Unveils Ambitious Expansion and Acquisition Strategy
Phoenix Township secures ₹500 crore funding from Green First Estate, plans to acquire 97.96% stake in Palolem Resorts LLP, and signs MOU with Marriott for a new hotel project in Kerala. These strategic moves aim to strengthen the company's position in the hospitality sector.
28Mar 25
Phoenix Township Unveils Ambitious Expansion Strategy with Multiple Strategic Moves
Phoenix Township Limited (PTL) has approved several strategic decisions for expansion. The company will receive 50 crore rupees from its subsidiary, acquire a 97.96% stake in Palolem Resorts LLP for 5.04 crore rupees, partner with Marriott for a new hotel project in Kerala, and allot 13,66,000 equity shares at 143 rupees each. These moves aim to strengthen PTL's position in the hospitality industry and diversify its portfolio.
Industry Peers
Indian Hotels Company
ITC Hotels
Leela Palaces Hotels & Resorts
EIH Hotels
Chalet Hotels
Ventive Hospitality
Lemon Tree Hotels
India Tourism Development Corporation
Juniper Hotels
Mahindra Holidays
718.00
(-1.46%)
158.51
(-3.42%)
568.95
(-0.85%)
297.85
(-1.08%)
830.25
(-1.77%)
552.20
(-1.11%)
107.67
(+3.28%)
665.60
(-3.21%)
214.99
(+0.74%)
194.85
(+0.31%)
we are part of Raise Financial Services
built with love
for indians who love to invest & trade
Market Community
Follow us on
