Meeting Details

The 61st Annual General Meeting of Viceroy Hotels Limited was held on Thursday, September 10, 2026 at 11:00 AM through Video Conferencing/Other Audio-Visual Means. The meeting concluded at 11:30 AM (excluding the 15-minute voting period after conclusion).

Attendance

  • Total members attended through VC: 71
  • Record date: September 4, 2026
  • Total number of shareholders on record date: 16,284

Directors and KMP Present (all through VC):

  • Mr. Gorinka Jaganmohan Rao - Chairperson, Independent Director
  • Mr. Kondareddy Ravinder Reddy - Managing Director and Chief Executive Officer
  • Ms. N. Vaishnavi - Independent Director
  • Mr. Konda Reddy Anirudh Reddy - Non-Executive Director
  • Mr. P. Venkata Krishna Reddy - Chief Financial Officer
  • Mr. Pradyumna Kodali - Chief Operational Officer
  • Mr. C. Siva Kumar Reddy - Company Secretary and Compliance Officer

Other Invitees:

  • M/s. M S K C Associates LLP - Statutory Auditors
  • M/s. S.S. Reddy & Associates - Secretarial Auditor & Scrutinizer

Business Updates Presented

Mr. Gorinka Jaganmohan Rao, Chairman, addressed members on:

  • Company's performance against industry standards
  • Future growth plans
  • Acquisition of SLN Terminus Hotels & Resorts Private Limited (owner of Marriott Executive Apartments, Hyderabad) during FY 2025-26
  • Completion of renovation of Courtyard by Marriott Hyderabad
  • Madhapur project targeted for completion during FY 2029-30
  • Brief address on Rights Issue which opened on September 3, 2026

Resolutions Considered

Two ordinary resolutions were put to vote:

Resolution 1: Adoption of Financial Statements

To receive, consider, approve and adopt the Standalone and Consolidated Audited Balance Sheets as at March 31, 2026, the Statement of Profit and Loss and Cash Flow Statement for the year ended on that date together with the Notes attached thereto, along with the Report of Auditors and Directors thereon.

Voting Results:

  • Total shares outstanding: 67,578,948
  • Total votes polled: 57,031,119 (84.3918% of outstanding shares)
  • Votes in favor: 57,021,650 (99.9834% of votes polled)
  • Votes against: 9,469 (0.0166% of votes polled)
  • Resolution: PASSED

Resolution 2: Reappointment of Director

To appoint a director in place of Mr. Prabhaker Reddy Solipuram (DIN: 01749615) who retires by rotation and being eligible, offers himself for re-appointment.

Voting Results:

  • Total shares outstanding: 67,578,948
  • Total votes polled: 56,930,009 (84.2422% of outstanding shares)
  • Votes in favor: 56,920,540 (99.9834% of votes polled)
  • Votes against: 9,469 (0.0166% of votes polled)
  • Resolution: PASSED

Scrutinizer Details

M/s. S.S. Reddy & Associates (represented by Mr. S. Sarweswara Reddy, Practicing Company Secretary, Membership No. 12619) was appointed as Scrutinizer by Board resolution dated July 31, 2026. Scrutinizer report issued on September 10, 2026.

Voting Process

Remote e-voting period: September 7, 2026 (9:00 AM) to September 9, 2026 (5:00 PM) through CDSL e-voting system. Insta-poll e-voting conducted for 15 minutes after AGM conclusion for members who hadn't voted remotely.

Financial Impact

No specific financial impact quantified in the disclosure. The resolutions are procedural approvals for annual financial statements and director reappointment.

Additional Information

  • Two Non-Executive Directors (Mrs. Kondareddy Sukanya and Mr. Prabhakar Reddy Solipuram) were absent due to personal reasons
  • Members expressed appreciation for management's efforts toward reviving the Company
  • Queries raised regarding expansion plans, future outlook, and shareholder benefits