Velan Hotels Ltd

Meeting Details

• Board meeting on 26 October 2026 at 10:00 a.m. at the Registered Office, Tirupur.
• Venue: 41 Kangayam Road, Tirupur 641604.

Key Agenda Items

• Approval of unaudited financial results for the quarter ended 30 September 2026 (standalone/consolidated not specified).

Other Notes

• Trading window closure has been disclosed to BSE as per insider trading regulations.

AGM outcomes

• 36th AGM held on 30 September 2026 via VC/OAVM.
• Balance Sheet, P&L, Cash Flow, Directors' and Auditors' Reports adopted.
• Re-appointment of Ms. Sasikala as Director (retiring by rotation).
• Re-appointment of Mr. M.R. Gautham as Director (Executive Director).
• Re-appointment of Mr. E.V. Muthukumara Ramalingam as Managing Director.
• Approval of Related Party Transactions with E.V. Muthukumara Ramalingam.
• Approval of Related Party Transactions with Muthukumararamalingam Gautham (Executive Director).
• Approval of Related Party Transaction with Shree Vallee Enterprises Pvt Ltd.
• Approval of sale of assets to related parties.
• All nine resolutions passed with requisite majority; e-voting results to be communicated.

Velan Hotels Limited - Closure of Trading Window from 01 October 2026 until 48 hours after the declaration of Un-Audited Financial Results for the quarter ending 30 September 2026

Book closure details

• Book closure: 24 September 2026 to 30 September 2026 (inclusive).
• Purpose: For the 36th Annual General Meeting to be held on 30 September 2026.
• Record Date: Not Applicable.
• AGM date: 30 September 2026.
• Security type: Equity shares.

AGM date and process

• 36th AGM date: 30 September 2026 at 11:45 IST via VC/OAVM.
• FY2025-26 annual report with Notice, standalone financials, Board's Report, and Auditors' Report will be sent.
• Details on email registration, remote e-voting, and VC/OAVM attendance are in the AGM Notice.
• AGM process to comply with MCA and SEBI circulars.

Results & review status

• Board approves standalone unaudited results for quarter ended 30 June 2026; Limited Review Report issued.
• Independent auditor's review notes suspended operations since 24 March 2020; going concern impacted; asset-sale adjustments not ascertainable.
• Note 5: Provident Fund, Sales Tax and TDS dues paid Rs 27.95 Lacs; GST remitted Rs 22.02 Lacs.
• During period, Rs 4.76 Lacs paid toward Provident Fund and Rs 2.32 Lacs toward TDS interest.
• All known statutory liabilities paid except pending disputes before authorities.
• Board meeting held 12 August 2026; 11:00 am to 3:30 pm; results taken on record.

Appointments/Resignations

• MD re-appointed for 3 years from 07-Aug-2026 to 06-Aug-2029; not debarred.
• Executive Director re-appointed for 3 years from 07-Aug-2026 to 06-Aug-2029; not debarred.
• MD profile: 75-year-old commerce graduate, director since incorporation, substantial shareholding.
• Executive Director profile: 49-year-old commerce/finance graduate, ED since 2001, extensive finance/operations experience.

Dematerialisation status

• Dematerialisation requests received during quarter ended 30 June 2026 were processed.
• Securities received for dematerialisation were confirmed to the depositories (accepted/rejected).
• Physical certificates for dematerialisation were mutilated and cancelled after verification.
• Depository name substituted as registered owner within 15 days and records updated.
• Securities dematerialised are listed on the stock exchanges where the original securities are listed.