Vikram Kamats Hospitality Limited allotted 1,44,000 equity shares to promoter Dr. Vikram V. Kamat upon warrant conversion on April 8, 2026. The conversion increased Dr. Kamat's shareholding from 7.38% to 8.15% and raised the company's paid-up capital from ₹17,28,98,650 to ₹17,43,38,650. Dr. Kamat paid ₹74,59,200 as the warrant exercise price at ₹51.80 per warrant. The company has 8,10,595 warrants still pending conversion, including 1,20,000 belonging to Dr. Kamat.

Vikram Kamats Hospitality Allots 1.44 Lakh Equity Shares Following Warrant Conversion

Vikram kamats hospitality Limited has completed the allotment of 1,44,000 equity shares to its promoter Dr. Vikram V. Kamat following the conversion of warrants. The Allotment Committee of the Board of Directors approved this conversion at its meeting held on April 8, 2026, which commenced at 5.00 p.m. and concluded at 5.15 p.m.

Warrant Conversion Details

The allotment involved the conversion of 1,44,000 warrants into an equal number of equity shares with a face value of ₹10 each, fully paid up. Dr. Kamat paid the balance 70% of the subscription money as the warrant exercise price to complete the conversion process.

Parameter: Details Allottee: Dr. Vikram V. Kamat (Promoter) Warrants Converted: 1,44,000 Equity Shares Allotted: 1,44,000 Face Value per Share: ₹10 Issue Price per Warrant: ₹74 (including premium of ₹64) Warrant Exercise Price: ₹51.80 per warrant (70% of issue price) Total Amount Paid: ₹74,59,200

Impact on Shareholding Structure

The warrant conversion has resulted in a change in Dr. Vikram V. Kamat's shareholding pattern in the company. His equity holding has increased both in absolute numbers and percentage terms.

Shareholding Details: Pre-Conversion Post-Conversion Number of Shares: 12,76,541 14,20,541 Shareholding Percentage: 7.38% 8.15% Shares Allotted: - 1,44,000

Changes in Paid-Up Capital

Consequent to the allotment, the company's paid-up equity share capital has increased substantially. The capital structure now reflects the additional shares issued upon warrant conversion.

Capital Structure: Before Allotment After Allotment Paid-Up Capital: ₹17,28,98,650 ₹17,43,38,650 Number of Shares: 1,72,89,865 1,74,33,865 Face Value per Share: ₹10 ₹10

Outstanding Warrants

The company disclosed that 8,10,595 warrants remain pending for conversion, of which 1,20,000 warrants belong to Dr. Vikram V. Kamat. The original warrants were allotted on a preferential basis on September 28, 2024. The newly allotted equity shares rank pari passu in all respects with the existing equity shares of the company.

The conversion represents a significant step in the company's capital restructuring process, with the promoter demonstrating continued commitment through the exercise of warrants and infusion of additional capital into the business.

Vikram kamats hospitality Limited has filed a non-applicability certificate with BSE Limited regarding SEBI Depositories and Participants Regulation 74(5) for the quarter ended 31st March, 2026. The submission was made on 6th April, 2026, by Managing Director Dr. Vikram V. Kamat.

Regulatory Compliance Details

The certificate was issued by Big Share Services Private Limited, the company's Registrar and Share Transfer Agent, confirming the non-applicability of the specific SEBI regulation. The filing relates to requirements under the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Parameter: Details Quarter Period: Ended 31st March, 2026 Filing Date: 6th April, 2026 Regulation: SEBI Depositories Regulation 74(5) Certificate Issuer: Big Share Services Private Limited

Certificate Confirmation

Big Share Services Private Limited confirmed that Regulation 74(5) is not applicable to the company as the entire holding of shares remains in demat form. The registrar stated that no requests were received from company members for rematerialisation or dematerialisation during the quarter ended 31st March, 2026.

The certificate was signed by Akash Shamal, Authorised Signatory of Big Share Services Private Limited, and dated 06/04/2026. The submission ensures compliance with SEBI circular references NSDL/CIR/II/5/2019 and related regulatory guidelines.

Company Information

Vikram Kamats Hospitality Limited, formerly known as Vidli Restaurants Limited, operates under CIN L55101MH2007PLC173446. The company's registered office is located at Units No. 5-8 at Tapovan Co-operative Housing Society Ltd., Near Nahur Station, Bhandup West, Mumbai-400078. Dr. Vikram V. Kamat serves as Managing Director with DIN 00556284.

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