Viceroy Hotels Wins SAFEMA Appeal, Property Detached

Viceroy Hotels received a favorable order from the SAFEMA Appellate Tribunal on 23 April 2026, setting aside a 2019 property attachment.
The Tribunal granted immunity under IBC Section 32A, ending PMLA litigation and detaching the Courtyard by Marriott Hyderabad property.
This development provides finality to long-standing litigation with the Enforcement Directorate, with no financial penalty or settlement payment.
The disclosure is made pursuant to SEBI Listing Regulations following a material development subsequent to the October 2023 CIRP conclusion.