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Velan Hotels Limited will hold a meeting of its Board of Directors on October 26, 2026, at its registered office in Tirupur to approve and record the company’s unaudited financial results for the quarter ended September 30, 2026, according to a regulatory filing with the BSE Limited.

Velan Hotels Limited certified to the National Securities Depository Ltd and Central Depository Services India Limited that securities received for dematerialization were mutilated and cancelled after verification, with the depository’s name substituted in its records within 15 days, for the quarter ended September 30, 2026, as confirmed by MUFG Intime India Private Limited, formerly Link Intime India Private Limited, its Registrar and Transfer Agent.

Velan Hotels Limited held its 36th Annual General Meeting on Wednesday, September 30, 2026, via video conference, where shareholders approved nine resolutions including the adoption of the balance sheet as of March 31, 2026, the re-appointment of directors Mr. M.R.Gautham and Mrs. M.Sasikala, and related party transactions with Mr. E.V.Muthukumara Ramalingam, Mr. Muthukumararamalingam Gautham, and M/s. Shree Vallee Enterprises Pvt Ltd, as well as the re-appointment of Mr. E.V.Muthukumara Ramalingam as Managing Director; the company also approved a special resolution to sell assets to related parties and a special resolution to re-appoint Mr. Muthukumararamalingam Gautham as Executive Director.

Velan Hotels will hold a meeting of the Board of Directors of the Company on 12 August 2026.

Net Loss of Velan Hotels reported to Rs 7.00 crore in the quarter ended March 2026 as against net loss of Rs 11.87 crore during the previous quarter ended March 2025. There were no Sales reported in the quarter ended March 2026 and during the previous quarter ended March 2025.For the full year,net loss reported to Rs 8.50 crore in the year ended March 2026 as against net loss of Rs 12.81 crore during the previous year ended March 2025. Sales reported to Rs 0.04 crore in the year ended March 2026. There were no Sales reported during the previous year ended March 2025.Powered by Capital Market - Live News