Annual Report for the Financial Year 2025-26

September 02, 2026 To, To, Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra –Kurla Complex, Mumbai - 400 001 Bandra (E), Mumbai – 400 051 Code: 526668 Symbol:- KAMATHOTEL ISIN: INE967C01018 Sub: 39th Annual Report of Kamat Hotels (India) Ltd for the Financial Year 2025-26 Dear Sir/Madam, Pursuant to Regulation 30 and Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in line with the relevant circulars issued by Ministry of Corporate Affairs, please find enclosed herewith 39th Annual Report of the Company for the financial year ended March 31, 2026, containing, inter-alia, Notice convening the 39th Annual General Meeting (“AGM”). We wish to inform you that 39th AGM is scheduled to be held on Saturday, September 26, 2026 at 11.30 a.m. through Video Conferencing (“VC”) or Other Audio Visual Means (“OAVM”). Further, the Annual Report is being sent through electronic mode to those Members whose email addresses are registered with the Company/its Registrar and Transfer Agent (“RTA”)/Depositories and pursuant to Regulation 36(1)(b) of the SEBI Listing Regulations, the Company is also sending a letter to the shareholders whose e-mail addresses are not registered with the Company/RTA/Depositories, providing a web-link for accessing the Annual Report of the Company. The Annual Report containing the Notice of AGM is also available on the website of the Company at www.khil.com. You are requested to kindly take the same on records. Thanking you, Yours faithfully, For Kamat Hotels (India) Limited Nikhil Singh Company Secretary & Compliance Officer Encl. a/a ANNUAL REPORT 2025-26 THE BACKBONE OF KAMAT HOTELS (INDIA) LIMITED Dr Vithal Indira Venketesh Kamat, a second-generation restaurateur, a pioneer in green hotels, an environmentalist, an entrepreneur, an educationalist, an antiquarian, an ornithologist, an author, a globetrotter, and a black belt holder in karate, is a versatile personality. Having begun his journey in a small, family-owned vegetarian restaurant, Dr. Vithal Kamat today is Chairman and Managing Director of Kamat Hotels (India) Limited with an experience of 54 years in the Hospitality Business. Dr Kamat is a recipient of many National and International Awards including “Best CEO of Industry Award” by The Indian Express, “Golden Peacock Award” received from the hands of His Holiness The Dalai Lama. The International Council of Pacific Area Travel writers Association (PATWA) honoured Dr. Kamat with lifetime contribution award “Hall of Fame Lifetime Contribution in Hospitality Industry Award” given at the ITB, Berlin, Germany 2008. Dr. Vithal Indira Venketesh Kamat Executive Chairman and Managing Director Mr. Vishal Vithal Kamat is the Executive Director of Kamat Hotels (India) Limited, a leading name in the country’s hospitality and food service industry. A science graduate with specialization in Hotel Management from IHMCTAN, Mumbai, he brings over 22 years of rich experience in national and global hospitality. He oversees corporate and property-level operations, driving the success of flagship brands – The Orchid (Asia’s first 5-Star Ecotel), Fort JadhavGadh (Maharashtra’s only Fort Heritage Hotel), Lotus Resorts, IRA Hotels, Toyam by Orchid Hotels, and Dr. Vithal Kamats – Original Family Restaurant chain across India. Recognized as a dynamic industry leader, Mr. Kamat is actively involved with travel associations, hospitality federations, and academic institutes. His leadership has earned him numerous honors, including the Young Achiever 2013 Award from the Maharashtra Chamber of Commerce Industry and the Angels of Tourism Award by Free Press Journal, among others. Mr. Vishal Vithal Kamat Executive Director Education for Girl Child Both Orchid and IRA will contribute to the education of the girl child through its CSR initiative. This aligns with the ethos of the brands, paying homage to the Goddess Saraswati, the goddess of education. The Indira Venkatesh Foundation, founded in 1995 by Dr. Vithal Indira Venkatesh Kamat, plays a pivotal role in this initiative. The foundation focuses on uplifting Girls from underprivileged communities and economically challenged families, providing them with education and vocational training to nurture entrepreneurial spirit, fostering self-reliance and empowerment. By aligning its goals with the empowerment of women, IRA and the Indira Venkatesh Foundation are working hand in hand to catalyze positive change, drive social progress, and create a more equitable and inclusive world. Our Association Donate to Educate. A Step Towards Humanity. We are proud to collaborate with these esteemed institutions dedicated to girl child education. Your generous contributions to this cause would be greatly appreciated by both the institutes and us. ASHAKIRAN FOUNDATION JANKIBAI ANATH BALAKASHRAM MATHOSHREE AMBUBAI RESIDENTIAL www.ashakiranfoundation.org SHIKSHAN SANSTHA www.anathbalkashramorphanage.org SCHOOL FOR BLIND GIRLS www.facebook.com/share/1Fz1PWpEfT/ www.ambubaischoolforblindgirls.org CSR Initiatives – Caring for Community At Kamat Hotels India Ltd., CSR is embedded in our culture across The Orchid Mumbai & Pune, IRA by Orchid Mumbai & Bhubaneswar, and Fort JadhavGADH. The Orchid Mumbai and IRA Bhubaneswar partner with the National Association for the Blind (NAB India) for Rakhi celebrations and Rakhi-making workshops, providing a platform to showcase the creativity and talent of visually impaired individuals and promoting environmental awareness through the festival. Orchid Pune observes World Food Day with interactive, nutritionist-led sessions to encourage healthy eating habits among guests and associates. Fort JadhavGADH celebrates Raksha Bandhan with in-house guests, creating joyful, culturally immersive experiences that foster bonding and tradition Environmental Commitment – Protecting the Planet Our environmental stewardship is led by The Orchid Mumbai’s strong focus on the 3Rs – Recycle, Reuse, Reduce. This is driven through systematic waste management, focused energy conservation measures, strict plastic-ban policies, and the use of eco-friendly amenities across operations. Complementing this, The Orchid Mumbai actively undertakes beach clean-up drives and promotes eco- friendly Ganesh Visarjan, reflecting a deep commitment to preserving local culture while safeguarding the environment. Environmental Education and Community Involvement Our dedicated staff is committed to adopting sustainable practices, aligning with our profound environmental values. Going beyond CSR, we champion Corporate Environment Responsibility (CER). Engaging society and neighboring hotels in programs such as rallies and competitions, we've educated over 400,000 students on environmental issues and conservation practices. As a pioneering force in hospitality sustainability, The Orchid Hotel continues to forge new trails towards carbon neutrality. Corporate Overview Statutory Reports Financial Statements BOARD OF DIRECTORS Dr. Vithal V. Kamat Mr. Vilas R. Koranne (Executive Chairman and Managing Director) (Independent Director) Mr. Vishal V. Kamat Mr. Ramnath P. Sarang (Executive Director) (Independent Director) Ms. Vidita V. Kamat Mrs. Harinder Pal Kaur (Non-Executive Non-Independent Director) (Independent Director) Mr. Kaushal Kamal Kishore Biyani Mr. Sanjeev B. Rajgarhia (Non-Executive Non-Independent Director) (Independent Director) Mr. Milind Wadekar Mr. Ajit Naik (Chief Financial Officer) (Independent Director) (Appointed w.e.f August 01, 2026) Mrs. Smita Nanda Mr. Tej Contractor (Chief Financial Officer) (Independent Director) (Resigned w.e.f May 15, 2026) Mr. Nikhil Singh (Company Secretary) BANKERS CONTENTS Canara Bank Particulars Page Nos. State Bank of India Corporate Overview 7 Axis Bank Punjab National Bank Notice 33 Kotak Mahindra Bank Board’s Report 51 HDF [Showing first 8,000 characters — download PDF for full document]