Interim report
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IMART HOTEL INVESTMENTS — SAMHI Hotels Ltd. 101DL2010P: Correspondence: SAMHI Hotels Lic 00| Email: nhi co.in wiww.samhi co.in 03 August 2026 BSE Limited National Stock Exchange of India Corporate Relationship Department Limited Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, C-1, Block G, Bandra Kurla Mumbai - 400 001, Maharashtra, India Complex, Bandra (East), Mumbai - 400 051, Maharashtra, India Scrip Code: 543984 Scrip Code: SAMHI Sub: Outcome of the Board Meeting held on Monday, 03" August 2026 Dear Sir/ Madam, This is to inform you that the Board of Directors of SAMHI Hotels Limited (“the Company™) at its meeting held today, i.e. Monday, 03¢ August 2026 (which commenced at 04:30 p.m. (IST) and concluded at 06:58 p.m. (IST)) has transacted the following business(es): (1) Approved the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended 30™ June 2026 (“UFRs/ Results™), pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (“SEBI LODR Regulations™). A copy of the said Results along with the Limited Review Report issued by M/s. Walker Chandiok & Co. LLP, Chartered Accountants (Firm Registration No.: 001076N/ N500013) (“Statutory Auditors™), on the above UFRs of the Company for the quarter ended 30® June 2026 are enclosed herewith. (2) Approved the increase in Authorized Share Capital of the Company from INR 25,00,00,000/- (Indian Rupees Twenty Five Crores Only) divided into 25,00,00,000 (Twenty-Five Crore) equity shares of INR 1/- (Indian Rupee One) each to INR 29,00,00,000/- (Indian Rupees Twenty Nine Crores Only) divided into 29,00,00,000 (Twenty-Nine Crore) equity shares of INR /- (Indian Rupee One) each and consequent amendment in the Capital Clause (Clause V) of the Memorandum of Association of the Company, subject to approval of the shareholders of the Company. (3) Approved the enabling resolution for raising of funds for an aggregate amount not exceeding INR 750,00,00,000/- (Indian Rupees Seven Hundred Fifty Crores) by way of issuance of equity shares (including warrants, or otherwise), fully convertible debentures, with or without warrants and/ or convertible preference shares or any security convertible into Equity Shares or any combination thereof, in one or more tranches through permissible modes, including but not limited to a private placement, a qualified institutions placement, preferential issue, or any other method or combination of methods as may be permitted under the applicable laws, subject to such regulatory/ statutory approvals as may be required and the approval of shareholders of the Company at the forthcoming Annual General Meeting of the Company. The Company has planned a strong capital expenditure cycle to add significant room inventory in the next few years, continues to see attractive acquisition/ growth opportunities and is prepared to operate in an increasingly volatile geo-political environment. While the Company has a visibility of strong internal accruals, a stronger balance sheet would help to strengthen its position and continue to grow rapidly. The proposed enabling resolution will provide the Company with the necessary flexibility to access capital markets in a timely manner and efficiently capitalize on emerging opportunities to preserve and build on the shareholder value. The timing and terms for such infusion is dependent on prevailing market conditions and will be in consultation with the committee of the Board of Directors of the Company.
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SAART HOTEL INVESTMENTS = SANHT Hotels L The details as required under Regulation 30 of the SEBI LODR Regulations read along with C DL2010PLC2118 SEBI circular SEBI/HO/49/14/14(7)2025-CFD-POD2//3762/2026 dated 30™ January 2026, are given as Annexure - A. (4) Approved to hold the 16 (Sixteenth) Annual General Meeting (“AGM”) of the shareholders of the Company on Monday, 31°* day of August 2026 & Notice convening the said AGM and the Board’s Report for the financial year 2025-26. India (5) Approved the acquisition of 29,582 (Twenty Nine Thousand Five Hundred and Eighty Two) fully paid-up equity shares of face value of INR 10/- (Indian Rupees Ten only) each, constituting 100% (one hundred per cent) of the issued, subscribed and paid-up equity share capital of Itmenaan Lodges Private Limited, a company incorporated under the laws of India, bearing CIN: U74999DL2011PTC212592 and having its registered office at 26/13, Third Floor, Old Rajinder Nagar, New Delhi — 110060 (“Target™), from existing shareholders of the Target, for an aggregate cash consideration of INR 12,00,00,000/- (Indian Rupees Twelve Crores only) (“Proposed Transaction”), pursuant to a share purchase agreement to be executed between the Company, existing shareholders and the Target (“SPA™) with a total approved investment (including any further capital expenditure for expansion and/or renovation) not exceeding INR 25,00,00,000/- (Indian Rupees Twenty Five Crores Only). The Target is engaged in the business of promoting, operating and managing the hotel, restaurants and the provisioning of hospitality services in respect of the hotel premises known as ‘Itmenaan Estate’ situated at Village: Naugaon, Tehsil: Bhanoli, District Almora, Uttarakhand, which is a part of RARE India. ‘We are enclosing herewith the relevant details of the transaction as prescribed under SEBI LODR Regulations read with SEBI circular SEBIVHO/49/14/14(7)2025-CFD- POD2/1/3762/2026 dated 30 January 2026, in Annexure - B. This information is also being uploaded on the website of the Company ie. https://www.samhi.co.in/. This is for your information and records. Thanking You. Yours faithfully, For SAMHI Hotels Limited Sanjay Jain Senior Director - Corporate Affairs, Company Secretary and Compliance Officer Correspondence: SAMHI Hotels Lid
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IMART HOTEL INVESTMENTS — SAMHI Hotels Ltd. C DL2010P! India Correspondence: SAMHI Hotels Lid Annexure - A Details of Raising of Funds S. No. Particulars Remarks Type of securities proposed to be lissued (viz. equity shares, convertibles etc.) [Equity shares (including warrants, or otherwise), fully convertible debentures, with or withouf arrants and/ or convertible preference shares or| lany security convertible into Equity Shares or an; combination thereof or any other eligible security(ies), in accordance with applicable laws, fin one or more tranches. Type of issuance (further public offering, rights issue, depository receipts (ADR/GDR), qualified finstitutions placement, preferential allotment etc.) By way of any permissible modes, including but ot limited to a private placement, a qualified institutions placement, preferential issue, or an other method or combination of methods as ma Ibe permitted under the applicable laws, subject t such regulatory/ statutory approvals as may be required and the approval of shareholders of the| ICompany at the forthcoming Annual General IMeeting of the Company. Total number of securities proposed to be issued or the total amount for hich the securities will be issued (approximately) [Upto an aggregate amount not exceeding 750,00,00,000/- (Indian Rupees Seven Hundred land Fifty Crores) or an equivalent amount thereof| (inclusive of such premium as may be fixed o such Securities) in one or more tranches at suc! pprice or prices as may be permissible under lapplicable law. lIn case of preferential issue the listed entity shall disclose the following additional details to the stock lexchange(s) INot Applicable [In case of bonus issue the listed entity shall disclose the following additional details to the stock exchange(s) INot Applicable In case of issuance of depository receipts (ADR/GDR) or FCCB the listed entity shall disclose following additional details to the stock lexchange(s) INot Applicable [In case of issuance of debt securities or other non-convertible securities the listed entity shall disclose following additional details to the stock lexchange(s) INot Applicable |Any cancellation or termination of proposal for issuance of securities including reasons thereof INot Applicable
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IMART HOTEL INVESTMENTS — SAMHI Hotels Ltd. C DL2010P! India Correspondence: SAMHI Hotels Lid Annexure - B S. No. Particulars Remarks [Name of the target entity, details in rief such as size, turnover etc. ltmenaan Lodges Private Limited, a compam incorporated under the laws of India, bearing CIN [U74999DL2011PTC212592 and having its| registered office at 26/13, Third Floor, Old [Rajinder Nagar, New Delhi — 110060 (“Target”), The Target is engaged in the business of jpromoting, operating and managing the hotel, rrestaurants, and provisioning of hospitality] services in respect of the hotel premises known as| ‘Itmenaan Estate’ situated at Village: Naugaon,| Tehsil: Bhanoli, District Almora, Uttarakhand| (“Hotel ™), which operates as part of RARE India 2. [Whether the acquisition would fall [The Proposed Transaction is not a related party] within related party transaction(s) [transaction. iand whether the promoter/ promoter igroup/ group companies have any finterest in the entity being acquired? [If yes, nature of interest and details thereof and whether the same is done at “arm’s length” 3. [Industry to which the entity being [Hospitality Services acquired belongs 4. Objects and impact of acquisition gindludmlg fl.’“t m;t | lmnte(tl m;. The Proposed Transaction is line with our earlier| larahan o USO8 8 ' o sl p RARE o ntng the main liin: of business of the listed | > of tactical property level investments. entity) 5. [Brief details of any governmental or [NA regulatory approvals required for the acquisition 6. [Indicative time period for completion By 30* August,2026 of the acquisition; 7. |Consideration - whether cash [Cash consideration. :‘:::::.df‘:::::‘:l: ‘;) :iest:;::)fs :mpsa‘::l];my Total cash consideration: INR 12,00,00,000 4 (Indian Rupees Twelve Crore only) (“Purchase (Consideration™), subject to TDS and certain adjustments in the manner set out in the SPA. 8. (Cost of acquisition and/or the price at [INR 12,00,00,000/- (Indian Rupees Twelve Crore| hich the shares are acquired only), being the aggregate consideration payable to the existing shareholders of the Target for the| acquisition of 29,582 (Twenty Nine Thousand [Five Hundred and Eighty Two) fully paid-up| lequity shares of face value of INR 10/- (Indi
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IMART HOTEL INVESTMENTS — SAMHI Hotels Ltd. C DL India Correspondence: SAMHI Hotels Lid [Rupees Ten Only) each of the Target, constituting] 100% (one hundred per cent) of the issued. subscribed and paid-up equity share capital of the Target. 9. [Percentage of shareholding / control (100% (one hundred percent) of the issued, acquired and / or number of shares jsubscribed and paid-up equity share capital of the| acquired Target, comprising 29,582 (Twenty-Nine Thousand Five Hundred and Eighty-Two) full: ppaid-up equity shares of face value of INR 10/ (Indian Rupees Ten) each. 10. [Brief background about the entity [Date of incorporation: 14® December 2011. acquired in terms of products/line of usiness acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in rief) [Product/line of business: Ownership and| operation of the boutique luxury hotel property| lknown as ‘Itmenaan Estate’, situated at Village:| Naugaon, Tehsil: Bhanoli, District Almora, [Uttarakhand, including provisioning of allied| ospitality and food & beverage services. [Last 3 (three) years total income: [Financial Year 2025-26: INR 69,76,266 [Financial Year 2024-25: INR 85,75,908 [Financial Year 2023-24: INR 88,99,955 [Presence of entity: India
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Walker Chandiok & CoLLP Walker Chandiok & Co LLP 21=Floor, DLF Square Jacaranda Marg, DLF Phase II Gurugram - 122 002 India T +91 124 4628099 F+91 124 4628001 Independent Auditor’s Review Report on Standalone Unaudited Quarterly Financial Results of SAMHI Hotels Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of SAMHI Hotels Limited 1. We have reviewed the accompanying statement of standalone unaudited quarterly financial results (‘the Statement’) of SAMHI Hotels Limited (‘the Company’) for the quarter ended 30 June 2026 being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations’). The Statement, which is the responsibility of the Company’s management and approved by the Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting (‘Ind AS 34’), prescribed under section 133 of the Companies Act, 2013 (‘the Act’), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including the manner in which it is to be disclosed, or that it contains any material misstatement. Chartered Accountarts ‘Walker Chandiok & Co LLP is registered with limited liability with identification number Offces in Bengaluru, Chandigarh, Chennai, Gurugram, Hyderabad, Kochi, Kolkata, Mumbai, New Delhi, Noida and Pune AAC-2085 and its registered office at L-41 Connaught Circus, New Delhi, 110001, India
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Walker Chandiok & Co LLP Independent Auditor’s Review Report on Standalone Unaudited Quarterly Financial Results of SAMHI Hotels Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (cont’d) 5. The Statement also includes the Company’s share in the net loss of Rs. 7.38 million for the quarter ended 30 June 2026, in respect of a partnership firm, whose interim financial information has not been reviewed by their auditors and has been furnished to us by the Company’s management. Our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of the partnership firm, is based solely on such unreviewed interim financial information. According to the information and explanations given to us by the management, these interim financial information are not material to the Company. Our conclusion is not modified in respect of this matter with respect to our reliance on the financial information certified by the Board of Directors. For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013 wwfif), Neeraj Goel Partner Membership No. 099514 UDIN: 26099514QZSUUM5820 Place: Gurugram Date: 03 August 2026 Chartered Accountants
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Website : wwi.saml SAMHI Hotels Limited CIN: L55101DL2010PLC211816 Registered Office :5th Floor, Unit No. Office - 11, Worldmark 4, Asset Area No. LP-18-01 Gateway District, Defhi Aerocity, Near Indira Gandhi Intern: co.in Email : compliance@samhi.co.in nal Airport, New Delhi - 110037, India i ot IvesTENTS = Telephone : +91 (11) 49077700 STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE 2026 (INR in million, except per equity share data)| Quarter ended Vear ended &I Bariibilars 30 Junc 2026 31 March 2026 30 June 2025 31 March 2026 e (Unaudited) (Audited) (Unaudited) (Audited) Refer note 7 Continuing operations 1 |mcome Revenue from operations (Refer note 6) 33520 30365 33754 135018 Other income 940 3421 224 4046 Total income 344,60 337.86 339.78 139064 2 [Expenses Cost of materials consumed 1220 1175 1324 53.14 Employee benefits expense 12410 13648 11649 505.69 Other expenses 17.73 11653 60160 93361 25403 26476 73133 1,492.44 5 |Earnings before finance costs, depreciation and amortisaion, exceptional . o 9153 (0190) items and tax (1-2) 4 |Finance costs 4419 28 7203 22896 5| Depreciation and amortisation expenses 3420 4320 2425 11841 78.39 96.02 96.28 34737 6 [Profitiloss) before exceptional items and tax (3-4-5) 12.18 (22.92) (457.83) (49.17) 7 [Exceptional items (net) (Refer note 5) - 249077 974.93 434705 8 |Profit from continuing operations before tax (6+7) 1218 2,467.85 457.10 3.897.88 9 [Tax expense Current tax - - - - Deferred tax - - - - 10 |Profit from continuing operations for the period/year (8-9) 12,18 246785 487.10 3.897.88 Discontinued operations Loss from discontinued operations before tax - - (2822) (54.51)| Tax expense of discontinued operations - - - - 11 [Loss from discontinued operations for the period/year - - (2822) (5451) 12 |Profit for the period/year (10+11) 12,18 2,467.85 45885 384337 13 [Other comprehensive income It that will not be reclassified 10 profit or loss - Re-measurement gain/ (loss) on defined benefit obligations 025 (©.11) - 101 - Income tax relating to items mentioned above - - - - Other comprehensive income, net of fax 0. ©.11) - 101 14 |Total comprehensive income for the period/year (12+13 12.43 2,467.74 45888 384438 y 15 |Paid up equity share capial (face value of INR 1 each, fully paid) m.13 2213 2121 2213 16 |Other equity as shown in the audited balance sheet 3227507 17 |Enrnings per equity share from continuing operations (Face value of INR 1 each): (not annualised for quarters) Basic (INR) 003 1115 220 17.62 Diluted (INR) 003 1109 218 17.53 18 |Earnings per equity share from discontinued operations (Face value of INR 1 each): (not annualised for quarters) Basic (INR) - - ©.13) (0.25) Diluted (INR), /75 - - (0.13) (0.25) (o1 19 | Earnings per equity sharg from continuing and discontinued operations e otusof INR L cachit < ) ELS(\ 1 9 ] * ) ~ < \Z\ o0s 1115 &/ % | 5| 00 11.09 d standalone financial results\_A- 44 ) *]
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SAMHI Hotels Limited TA e LStobL Gl 516 SAMUELL Registered Office ‘5th Floor, Unit No. Offce - 11, Worldmark 4, Assct Area No. LP-1B-04 T T Gatoway Distiet, Delli Acrocity, Near Indira Gandhi International Airport, New Delhi - 110037, India Website - wwwsambi.co.n Email ; compliznce(@sambi co in Telephane - +91 (11) 49077700) Notes ta the Statement of unnudited standalone fin STATEMENT OF UNAUDITED STANDALONE FINANCIAL R ULTS FOR THE QUARTER ENDED 30 JUNE 2026 al results for the quarter and year ended 31 March 2026: “The above unaudited standalone financial resuts of SAMHI Hotels Limited (*the Company") have becn prepared in accordance with the recogaition and measiirement principles lsid down in Indian Accounting Standard 34 “Interim Financial Report nd AS 347), prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015, as amended from time to time, and other| accounting principles senerally accepted in Tndia and in compliance with Regulation 33 of the Sccuritics and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listins Regulations"). The above unaudited standalone financial results for the quarter ended 30 June 2026 were reviewed and recommended by the Audit Commitiee and approved by the Board of Diectors at their respective meetings held on 31 July 2026 and 03 August 2026, The Stautory Auditors of the Company have conducted "Limited Review” of these financial results in terms of Regulation 33 of the Lising Regalations The results for the quarter ended 30 June 2026 are available on the Bombay Stock Exchange website (URL: wwiv bseindia com), the Nationa! Stock Exchange website (URL: www.nseindia.com) and on the Compans's| website (URL: wwww.samhi.co.in) “The Chief Operating Decision Maker (*CODM') evaluates the Company's pecformance at an overall company level 15 onc segment . "developing and running of hotels". Hence, no further disclosures are required to b furnished in sccordance with Ind AS 108 ~ Operating Segmerts Exceptional items includes: (INR in million) Quarter ended Vear ended Particulars 31 March 2026 30 June 2025 31 March 2026 (Audited) (Unnudited) (Audited) Refer note 7 Profit o sale of investment - - 97493 57907 Reversal of impairment of investment in subsidiary, net - 251060 - 325087 | Gain on sale of business undertaking - - - 14490 lmpact of New Labour Codes B (1933) 71.19) [Total = 249077 974,93 434705 Revente fiom apertions include service income from subsi 13249 millon, Vear ended 31 March 2026: INR 51450 millon). ics of INR 123,16 million for the quarter ended 30 June 2026 (Quarter ended 31 March 2026: INR 114.62 million, Quarter ended 30 June 2025: INR| “The figures for the quarter ended 31 March 2026 are the balancing figures between the audited figures in respect of ull financial year and the unoudited published year o dae figures upto the thid quarter of the year ended 31 March 2026. The Board of dirctors of the Company, in ts meeting held on 05 March 2026, approved the acquisitio of 70% interestin RARE ndia for an agaregate consideration of INR 473.90 million, to be exccuted in one or| more tanches. Consequently, during the curreat quarter, the Company has acquired a 5% partnership inarestin RARE India on 22 Aprl 2026 and obtained control over the partnership. The remaining 1% interest s proposed to be acquired subsequently in accordance with the terms of the definitve transastion agreements. During the quarter, on 22 May 2026, the Company acquired a 49% cquity intresL in Clean Max Nile Private Limited for a consideration of INR 15.05 millan for soureing renewable ercrgy through group captive solaq arrangements for certain hotels of its subsidiaries. Based on the terms of the agreement and related assessment, the Company does not hae any significant influence over Clean Max Nile Private Linited and hence the same has not been considered as an associate enlity as defined under Ind AS 25. The Company acquired 24,487,096 Compulsarily Converible Preference Shares (CCPS) in Duet Indin Hotels Hyderabud Private Limited from Duet India Hotels (Pune) Private Limited on 20 April 2026 at thei carrying| : SEL For and on bl of Board of irectrs o . QOSSN et a Z . % - - Aceo> A-& é” Astish Jnktamala Place: New Delhi Date; 03 August 2026 * Chairman, Managing Direcior and CEQ DIN: 03304345
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Walker Chandiok & Co LLP Walker Chandiok & Co LLP 21% Floor, DLF Square Jacaranda Marg, DLF Phase |1 Gurugram — 122 002 India T +91 124 4628099 F +91 124 4628001 Independent Auditor’'s Review Report on Consolidated Unaudited Quarterly Financial Results of SAMHI Hotels Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of SAMHI Hotels Limited 1. We have reviewed the accompanying statement of unaudited consolidated quarterly financial results (‘the Statement’) of SAMHI Hotels Limited (‘the Holding Company’) and its subsidiaries (the Holding Company and its subsidiaries together referred to as ‘the Group’), (refer Annexure 1 for the list of subsidiaries included in the Statement) for the quarter ended 30 June 2026, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (‘Listing Regulations’). 2. This Statement, which is the responsibility of the Holding Company’s management and approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting (‘Ind AS 34’), prescribed under section 133 of the Companies Act, 2013 (‘the Act’), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the SEBI Circular CIR/CFD/CMD1/44/2019 dated 29 March 2019 issued by the SEBI under Regulation 33 (8) of the Listing Regulation, to the extent applicable. Chartered Accountarts Walker Chandiok &Co LLP isregistered with imited iabiityvith identiication number AAC-2085 andifs registered offce at L41 Offces in Bengaluru, Chandigarh, Chennai, Gurugram, Hyderabad, Kochi, Kolkata, Mumbai, New Delhi, Noida and Pune Connaught Circus, New Dehi, 110001, India
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Walker Chandiok & Co LLP Independent Auditor’'s Review Report on Consolidated Unaudited Quarterly Financial Results of SAMHI Hotels Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (cont’d) 4. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including the manner in which it is to be disclosed, or that it contains any material misstatement. The Statement includes the interim financial information of three subsidiaries, which have not been reviewed by their auditors, whose interim financial information reflect total revenues of Rs. 1.91 million, net loss after tax of Rs. 17.14 million and total comprehensive loss of Rs. 17.14 million for the quarter ended 30 June 2026 respectively, as considered in the Statement and has been furnished to us by the Holding Company’s management. Our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, are based solely on such unreviewed interim financial information. According to the information and explanations given to us by the management, these interim financial information are not material to the Group. Our conclusion is not modified in respect of this matter with respect to our reliance on the financial information certified by the Board of Directors. For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013 NW'IALO_ Neeraj Goel Partner Membership No. 099514 UDIN: 26099514JEQMHK9210 Place: Gurugram Date: 03 August 2026 Chartered Accountants
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Walker Chandiok & Co LLP Independent Auditor’'s Review Report on Consolidated Unaudited Quarterly Financial Results of SAMHI Hotels Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (cont’d) Annexure 1 List of entities included in the Statement Argon Hotels Private Limited Ascent Hotels Private Limited Barque Hotels Private Limited Caspia Hotels Private Limited Paulmech Hospitality Private Limited SAMHI JV Business Hotels Private Limited SAMHI Hotels (Ahmedabad) Private Limited SAMHI Hotels (Gurgaon) Private Limited Duet India Hotels (Pune) Private Limited 10. Duet India Hotels (Hyderabad) Private Limited 11. Duet India Hotels (Ahmedabad) Private Limited 12. Duet India Hotels (Chennai) Private Limited 13. Duet India Hotels (Jaipur) Private Limited 14. Duet India Hotels (Navi Mumbai) Private Limited 15. Innmar Tourism and Hotels Private Limited 16. SAMHI Hospitality Ventures Private Limited (formerly known as ACIC Advisory Private Limited) 17. SAMHI Skyline Private Limited (from 16 January 2026) 18. RARE India (from 22 April 2026) COENOORWN = Chartered Accountants
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SAMHI Hotels Limited i LsoioLmoncan st SAMHI Registered Office 51 Floor, Unit No. Offce - 11, Worldmark 4, Asset Area No. LP-1B-04 e Gateway District, Delhi Acrocity, Near Indira Gandhi International Airport, New Delli - 110037, India. [Website : wie sambi co in Email - compliance@samhi.co.in Telephone : +91 (11) 49077700) STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE 2026 (INR in milion, except per equity share data) 5. Particulars Quarter ended ear ended 30 June 2026 31 March 2026 0 June 2025 31 March 2026 (Unnudited) (Audited) (Unaudited) (Rudited) Refer note 6 | Contnuing aperations 1 [icome [Revenue from operations 305206 3.448.60 2 1247796 Other income 3077 8600 15086 31200 Totnlincome 308283 353469 287297 1278998 2 [Expenses | Costof materals consumed 20175 29529 21678 100011 mployee benefils expense 50207 19991 46639 195409 Otlier expenses 135596 153740 113373 521016 206078 233263 L817.10 816136 3 [ o ance coss, dope ion and amortisation, exceptionsl items p— — oo PP 4 [Finance costs 37689 37326 506,16 170914 5 [Pepreciation and amortisaton espenses 30883 38155 20066 126665 68577 75481 79682 297579 6 |Brofit before exceptionalitems and tax (3-4-5) 37733 a7 75008 161983 7 {Exceptionsl tems (net) (Refer note 5) - 20490 - 107526 8 [Profit from continuing operations before tas (6+7) 37733 OLIs 25505 272509 9 [Taxexnense Current o E 058 : 058 Deferred tax 78.06 (.30239) 3867 (2.995.15) 78,06 (:301.81) 38,67 (299437) 10 |Profit from continuing operations for the period/year (3-9) 29927 399396 12038 571996 Discontinued operations Loss from discontinucd operations before fax - - as2) (5450 Tax expense of discontinued operations - - - - 11 [Loss fram discontinued operatians for the periodiyear = - 871) (450 12 [Profit for the periodiyear (10+11) 24927 399396 192,16 566515 13 [Other comprehensive income i dhat will not e rectasified 1o proft or loss - Re-measurament loss on defred benefit oblgations ©a7) (029) ©0.06) a2) - Income tax rlating o items mentioned sbove - o1l - ot Other comrehensive income, net o tax @) ©.13) ©06) [ExTS 14 [Total comprehensive income for the perioiyear (124+13) 24580 399578 92,00 566231 15 [Profit ateributable t Ovuners of the Company 18250 353671 1780 502990 Non-controlling inerests 6677 45725 1936 63555 Peofi for (he periodiyenr 24927 399396 T92.16 566515 16 [Other comprehensive income attributable to: Ouners of the Company (©39) (©.10) @06) @) Non-controlling inteests o8) ©03) B ©33) Other compreliensive income for the periodiyenr 0.7) (©18) ©.00) @) 17 [Total comprehensive income attributable to: |Owners ofthe Company 182,11 353661 127 502712 [Non-controllng interests 66.69 45717 1936 63522 [ Total comprehensive income for the periodiyear (15+16) 24830 399378 192,10 66234 15 |Paid up cauity share canital (face value of INR 1 cach, fully paid) 2213 213 ma 213 19 |Other cauity as shown in the audited balance sheet 21,599.67 20 [Earnings per equity share from continuing operations (Face value of INR 1 enchy: (ot annunlised for quarters) Basic (INR) L1 1804 L00| 25185 Diluted (INK) [NE! 1794 059| 25,1 21 Earnings per equity share from discontinucd operati (Face value of INR 1 cach): (ot annualised for quarters) Basic (INK) - - ©.) (©25) Diluted (INK) - - ©13) ©25) [Enr equity share from continuing and discontinued perations ~__ .flemfm INR 1 ench): 0‘( ELs (not annualised fohauarters) 'Z‘ ( C|Bsieansy 12 1804 087 2561 / piedanry I ’ 12 1794 034 25.47) 7 A_U'”
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SAMHI Hotels Limited e CIN: LSS101DLI0I0PLC21 1816 SAMHI Registered Offce 5t Floor, Usit No. Offce - 11, Werldmark 4, Asset Area No. LP-1B-04 e Gatevway District, Delli Acrosity, Near Indira Gandhi Intermational Aipor, New Delli - 110037, India mail: complisnce@samico.n Telephone : 191 (11) 49077700) Website : www.samhi.co.in STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESU S FOR THE QUARTER ENDED 30 JUNE 2026 Notes (o th atement of unaudited consolidated financial results for the quarter ended 30 June 2026: 1 The above unaudited consolidated fnancial results of SAMHI Hotels Limited (hereinafier referred to as “the Parent”, "the Holding Company” or “the Company”) and its subsidiarics (the Parcat and its subsidiaries together referred (o as “the Group") have been propared in accordance with the recogaition and measurement principles laid down in Indian Accounting Standard 34 *Interim} Financial Reporting” ("Ind AS 347), prescribed under Setion 133 of the Companies Act, 2013 read with Companics (Indian Accounting Standards) Rules, 2015, as amended from time o time, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securitics and Exchange Board of India (Listing Obligations and Disclosure Requirements)) Regulations, 2015, as amended ("Listing Regulations"), 2 The above unaudited consolidated financial results for the quartcr ended 30 June 2026 were reviewed and recommended by the Audit Committee and approved by the Board of Dircctors of thel Parent at their respective meetings held on 31 July 2026 and 03 August 2026 The Statutary Auditors of the Company have conducted “Limited Review" of these fin Regulation 33 of the Listing Regulations. ncial results in terms o 3 The results for the quarter ended 30 June 2026 are available on the Bombay Stock Exchange website (URL: . bscindia.com), the National Stock Exchange website (URL: www.nseindia.com) and on the Parent's website (URL: www.samhi.co.in) ) 4 The Chief Operating Decision Maker ("CODM") evaluates the Group's performance at an overall group level as one segment i.e. "developi are required to be furnished in accordance with Ind AS 108 - Operating Segments. and running of hotels”. Hence, no further disclosures 5 Exceptional items include (NR in million) Quarter ended Vear ended Particulars 30 June 2026 31 March 2026 30 June 2025 31 March 2026 (Unaudited) (Audited) (Unaudited) (Audited) Refer note 6 Reversal of impaitment in value of property, plant and cquipment - 26893 - 26893 Jand other intangible assets Gain on sale of business undertaking 3 - - 14490 Reversal of impairment in value of right-of-use assets, et - - - 69658 Ipact of New Labour Codes - 23.03)1 - G5.19) [Total - 24490 - 107526 6 The figures for the quarter ended 31 March 2026 are the balancing figures between the audited figures in respeet of full financial year and the unaudited published year 1o date figures upto the third| quarter of the year ended 31 March 2026. 7 The Board of directors of the Parent, in its meeting held on 05 March 2026, approved the acquisition of 70% interest in RARE India for an aggregate consideration of INR 473.90 million, to be executed in one or more tranches. Consequently, during the current quarter, the Parent has acquired a 55% partnership intcrest in RARE India and obtained control over the partnership. Accordingly RARE Indin has been consolidated with effect from the acquisition date i.c., 22 April 2026. The remaining 15% interest is proposed to be acquired subsequently in accordance with the terms of thel definitive transaction agreements. The aforcsaid acquisition has been accounted for under the acquisition method w.c.f: 22 April 2026 in accordance with Ind AS 103 — Business Combinations. Thel determination of the fair values of the identifiable assets acquired and liabilities assumed, including the purchase price allocation ("PPA"), is currently in progress. Accordingly, the amounts| recognised in these unaudited consolidated financial results are provisional and have been determined in accordance with Ind AS 103, 8 During the quarter, on 22 May 2026, the Parent acquired a 49% equily inferest in Clean Max Nile Private Limited for a consideration of INR 15.05 million for sourcing rencwable energy through proup captive solat arcangements for certain hotels of the Group. Based on the terms of the agrecment and related assessmen, the Group doas not have any significant influcnce over Clean Max Nile ed and hence the same has not been considered as an associate entity as defined under Ind AS 28. AEAND, P For and on behalf of Board of Dircctors of SAMHI Hotels Limited Place: New Delhi e rcoo. Date: 03 August 2026 N=04cd Chairman, Managing Director and CEO DIN: 03304345