Viceroy Hotels Limited (VHLTD) — Board Meeting | 19 August 2026

Viceroy Hotels Limited announced a rights issue of up to 9,203,008 equity shares at ₹115 per share (including a ₹105 premium), with a record date of August 20, 2026. The issue opens on September 3, 2026, and closes on September 11, 2026, targeting eligible shareholders in a 6:7 ratio. Proceeds of ₹10,583.46 lakhs will fund loan repayments and general corporate purposes, with ₹10,528.46 lakhs allocated specifically. The promoter group currently holds 84.11% and has voluntarily forgone entitlements to meet SEBI's minimum public shareholding (MPS) requirements. The issue complies with SEBI ICDR Regulations, with in-principle approvals from BSE and NSE. Key risks include cyclical industry exposure, litigation over ₹350 lakh dues, and potential dilution if rights entitlements lapse. The company confirms no SEBI debarment or willful defaulter status.