Eco Hotels and Resorts Limited converts partly paid-up rights equity shares to ₹7.50 paid-up value

Eco Hotels and Resorts Limited has converted 85,45,990 partly paid-up rights equity shares from ₹5.00 to ₹7.50 paid-up value following the receipt of payments for the first reminder call and second call. The Rights Issue Committee of the company approved this conversion at its meeting held on April 29, 2026, which commenced at 06:15 p.m. and concluded at 06:35 p.m.

The rights equity shares have a face value of ₹10 each and were initially paid-up to the extent of ₹2.50 per share on application. The first reminder call and second call each amounted to ₹3.80 per share, comprising ₹2.50 towards face value and ₹1.30 towards securities premium. Upon payment of the first call including reminder, the paid-up value increased to ₹5.00 per share, and upon payment of the second call, it further increased to ₹7.50 per share.

Key Details of the Conversion

Parameter Details Total shares converted 85,45,990 Face value per share ₹10 Paid-up value before conversion ₹5.00 Paid-up value after conversion ₹7.50 Amount received ₹3,44,07,757.40 Date of conversion approval April 29, 2026

The rights equity shares were originally allotted on September 26, 2025, on a rights basis pursuant to the Letter of Offer dated August 29, 2025, along with corrigendums dated September 04, 2025, and September 16, 2025. The conversion applies to shareholders who have paid both the first reminder call and the second call.

The converted rights equity shares shall continue to rank pari passu with the existing equity shares of the company, in proportion to the amount paid-up thereon. The company shall take necessary steps for corporate actions and for obtaining listing and trading approvals in respect of the converted rights equity shares.

This intimation was made to BSE Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The disclosure is for the information of members and the public at large.

Eco Hotels & Resorts Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026, following a Board of Directors meeting held on April 17, 2026. The Board appreciated a notable 35% increase in revenue for the March 2026 quarter compared to the December 2025 quarter, demonstrating strong quarterly growth momentum.

Financial Performance Highlights

The company reported significant growth across both standalone and consolidated financial statements. Revenue from operations for the standalone entity reached ₹207.20 lakh in Q4 FY26, compared to ₹79.31 lakh in Q3 FY26. For the full fiscal year FY26, standalone revenue from operations stood at ₹415.18 lakh, a substantial increase from ₹17.17 lakh in FY25.

Financial Metric Q4 FY26 (Audited) Q3 FY26 (Unaudited) Q4 FY25 (Audited) FY26 (Audited) FY25 (Audited) Revenue from Operations 207.20 79.31 10.08 415.18 17.17 Total Revenue 209.77 102.32 10.09 418.88 17.17 Total Expenses 538.47 304.24 117.75 1,520.18 278.46 Loss for the Period (555.39) (201.92) (138.05) (593.98) (295.19)

Consolidated Financial Results

On a consolidated basis, the company reported revenue from operations of ₹1,656.08 lakh for FY26, compared to ₹924.00 lakh in FY25. The consolidated loss for the period stood at ₹1,083.39 lakh for FY26, compared to ₹354.39 lakh in FY25. For Q4 FY26, consolidated revenue from operations reached ₹587.24 lakh, with a loss of ₹193.36 lakh for the quarter.

Balance Sheet Position

The company's standalone balance sheet as of March 31, 2026 shows total assets of ₹15,805.08 lakh, compared to ₹11,429.71 lakh in the previous year. Total equity stood at ₹9,367.39 lakh as of March 31, 2026, while equity share capital increased to ₹5,797.36 lakh from ₹5,150.72 lakh in the prior year.

Balance Sheet Item March 31, 2026 March 31, 2025 Total Assets 15,805.08 11,429.71 Total Equity 9,367.39 9,415.39 Equity Share Capital 5,797.36 5,150.72 Total Current Liabilities 3,113.49 1,922.97

Audit and Compliance

The statutory auditors K.M. Garg & Co. issued unmodified audit opinions on both standalone and consolidated financial results for the quarter and year ended March 31, 2026. The auditors confirmed that the financial statements comply with Indian Accounting Standards (Ind AS) and provide a true and fair view of the company's financial position. The audit report highlighted related party transactions as a key audit matter, which included borrowings from subsidiaries and purchase of fixed assets.

Business Operations

Eco Hotels and Resorts Limited operates in the hotel operation and management business. The company maintains multiple hotel brands including THE ECO™, THE ECO GRAND™, ECOXPRESS™, ECOVALUE™, ECO BOUTIQUE™, ECO RESORT™, and THEECO SATVA™. Additionally, it operates F&B brands such as SAHAR, GG'S, KICK IN THE BRICK, SAMPARK, SANJH, and SANDHAY. Employee benefit expenses include sweat equity approved by shareholders of ₹192.49 lakh.

Corporate Governance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meeting held on April 17, 2026. The Board meeting commenced at 03:10 p.m. (IST) and concluded at 05:55 p.m. (IST). The results will be published in newspapers as per SEBI (LODR) Regulations, 2015 requirements and are available on the BSE website and the company's website.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.