Advent Hotels Independent Director Resigns Due to RBI Conflict

Section A – KMP Resignation Details

Name of Resigning KMP: Mr. Rajeev RA

Designation: Non-Executive Independent Director

Reason for Resignation: Due to RBI Circular No. RBI/2022-23/29, DOR.CRE.REC.No.25/03.10.001/2022-23 dated April 19, 2022, which restricts an NBFC from granting financial facilities to a company having a common Director. As Mr. Rajeev RA is a common Independent Director on the Board of both Advent Hotels International Limited and Authum Investment and Infrastructure Limited (the NBFC from which the Company is seeking a financial loan), his continuance was inconsistent with regulatory requirements.

Effective Date of Resignation: Close of business hours on 25th September, 2026

Date of Resignation Letter: 25th September, 2026

Duration in Role: Not Specified

Board’s Acknowledgment / Statement: Not Specified

Replacement Appointed: Not Specified

Regulatory Compliance Statement: Disclosure made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has complied with requirements under Schedule III - Para A(7B) of Part A of the SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026.

Delay in Disclosure: Disclosure dated 26th September, 2026, one day after resignation effective date. No delay indicated.

Section B – Additional Observations or Disclosures

Transition & Internal Role Reallocations: Mr. Rajeev RA will cease to be a member of various statutory Committees of the Company effective from his resignation date.

Successor Appointments: Not Specified

Section C – Financial & Governance Disclosures

Audited Financial Results: Not Specified

Auditor’s Report Summary: Not Specified

Dividends / Capital Changes / Buybacks: Not Specified

Board / Committee Updates or Key Appointments: Not Specified

Additional Director Information: Mr. Rajeev RA holds directorship as Independent Director in Authum Investment and Infrastructure Limited. He holds no membership of Board Committees in any listed entities.