Velan Hotels Ltd

Velan Hotels Annual General Meeting

Velan Hotels Ltd has intimated the closure of share transfer books from September 24 to September 30, 2026, for its 36th Annual General Meeting.

Velan Hotels Annual General Meeting

Velan Hotels Ltd has issued a notice for its 36th Annual General Meeting, scheduled for 30th September 2026 to transact various business items.

Velan Hotels Annual Report

Velan Hotels Limited submitted its 36th Annual Report for the financial year 2025-26 along with the notice for the upcoming Annual General Meeting.

Velan Hotels Annual General Meeting

Velan Hotels Limited has scheduled its 36th Annual General Meeting for September 30, 2026, through video conferencing, as decided in the board meeting.

Velan Hotels Q1 FY27 Results: Net Loss of ₹0.7 Cr, Loss Widens

Velan Hotels Ltd reported a net loss of ₹0.7 Cr for Q1 FY27.

Key figure

Net loss ₹0.7 Cr

Velan Hotels Management Change

Velan Hotels Limited has re-appointed Eswaramoorthy Venkatachalam Muthukumara Ramalingam and Muthukumararamalingam Gautham as Executive Directors for a 36-month term effective August 7, 2026.

Velan Hotels Board Meeting Outcome

Velan Hotels Limited re-appointed Mr. E.V. Muthukumara Ramalingam as Managing Director and Mr. M.R. Gautham as Executive Director, each for a three-year term.

Velan Hotels Board Meeting Date

Velan Hotels Limited has scheduled a board meeting on August 12, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026.

Velan Hotels Other Announcement

Velan Hotels Ltd has submitted its quarterly shareholding pattern disclosure as per SEBI regulations. This filing details the promoter and public shareholding distribution.

Velan Hotels Merger & Restructuring Worth ₹37.16 Cr

Velan Hotels completed the sale of its Tirupur hotel property for Rs.37.16 Crore. The transaction finalizes the disposal after earlier disclosures.

Value

₹37.16 Cr

Velan Hotels Business Update

Velan Hotels reported a delay in registering the sale of its hotel property. Registration is now expected in early July 2026.

Velan Hotels Business Update

Velan Hotels granted a 10-day grace period for the buyer to register the hotel property sale. The delay is due to the buyer's key person being unavailable.

Velan Hotels Other Announcement

Velan Hotels Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report confirms overall compliance with SEBI regulations during the period.

Velan Hotels Q4 FY26 Results: Net Loss of ₹7 Cr, Loss Narrows

Velan Hotels Ltd reported a net loss of ₹7 Cr for Q4 FY26.

Key figure

Net loss ₹7 Cr

Velan Hotels Financial Results

Velan Hotels reported audited financial results for the year ended March 31, 2026. Auditors issued a qualified opinion, citing material uncertainty regarding the company's going concern status.

Velan Hotels Other Announcement

Velan Hotels Ltd confirmed it does not meet the SEBI criteria for a 'Large Corporate' for FY 2026-27. The company cited a credit rating below the stipulated AA level due to term loan defaults. Consequently, the mandatory debt-raising framework for large entities does not apply.

Velan Hotels Capacity Expansion: ₹37.17 Cr Investment

Velan Hotels Limited is selling its Tirupur hotel property for ₹37.17 Crore to M/s.J.P.Associates Asia Pacific Private Ltd. The proceeds have been used to settle all secured debts with RARE ARC, making the company secured-debt free. The final sale deed registration is expected by June 15, 2026.

Value

₹37.17 Cr

Execution

Before June 15, 2026