Proceeding of Annual General Meeting

HBG HOTELS LIMITED (Formally known as Phoenix Township Limited) CIN : L67190GA1993PLC001327 Date: 29th September 2026 Department of Corporate Services BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai - 400 001 Company Scrip ID I Code: HBGHOTELS/ 537839 SUBJECT: SUBMISSION OF BRIEF PROCEEDING OF 33RD ANNUAL GENERAL MEETING Dear Sir /Madam, Pursuant to Regulation 30 SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we enclose herewith summary of proceedings of 33rct Annual General Meeting of the Company held on 29th September, 2026 through VC/OAVM. You are requested to kindly take above information on your records Thanking you, Yours faithfully, For HBG Hotels Limited Corp. Office : Hede House, ( Formerly known as Phoenix Township limited) 14, BEST Marg, Colaba, Mumbai - 400 001. Tel.: (91-22)-6159 0900 E-mail: admin@hbgindia.com Website: www.hbgindia.com Samit P. He de Park Inn by Radisson Managing Director Sequeira Vado, Candolim, DIN-01411689 Goa - 403515 Tel.: (91-832) 6633 333/103 E-mail: info@pirgoa.com End: As stated above Phoenix Island Resort Pozhiyoor PO, Poovar Thiruvanathapuram, Poovar: Kerala - 695 513. Tel.: +91 97471 29948 bookings.poovar@phoenixresorts.in REGO. OFF. : Durga Bhavan, Hede Centre, Tonca, Panaii. Goa • 403 001 Tel.:(91-832)-6642724/6453285 E-mail : hbggoa@yahoo.co.in MEMBER tlEDE B<ISlrtESS GROUP PROCEEDINGS OF THE 33Ro ANNUAL GENERAL MEETING OF THE MEMBERS OF HBG HOTELS LIMITED ING ("VC")/OTHER AUDIO-VISUAL MEANS ("OAVM") (FORMERLY KNOWN AS PHOENIX TOWNSHIP LIMITED) HELD ON TUESDAY. SEPTEMBER 29. 2026 AT 03:30 P.M. (IST) THROUGH VIDEO CONFERENC PROCEEDINGS OF THE 33Ro ANNUAL GENERAL MEETING The 33rct Annual General Meeting of the Members of the Company was held on Tuesday, September 29, 2026, at 3.30 P. M. IST through Video Conference ("VC")/ Other Audio Visual Means ("OAVM") to seek the approval of members of the Company on resolutions set out in the Notice Convening Annual General Meeting. Mr. Samit Hede, Managing Director welcomed the shareholders of the company and the requisite quorum being present, he called the meeting to be in order. Mr. Samit Hede informed that the meeting was held through VC/OAVM in compliance with the Ministry of Corporate Affairs and Securities and Exchange Board of India. Mr. Samit Hede., Managing Director of the Company and other Directors were present at the Meeting who introduced themselves at the Meeting. All the Directors of the Company were present at the Meeting. Mr. Samit Hede also informed the shareholders that Chairman of the Audit Committee & Chairman Nomination and Remuneration Committee were present at this meeting through VC. Chairman of Stakeholders Relationship Committee Meeting was also present at this meeting through VC. He further informed that the representative of the Statutory Auditors and Secretarial Auditors are present at the meeting through Video Conference. It was also informed that there was no physical attendance of members and in compliance with the Circulars issued by the MCA and SEBI, the requirement of appointing proxies was not applicable, except for the authorized representatives of corporate shareholders. With the permission of the. members present at the meeting, the Notice convening the Annual General Meeting of the Company along with Directors' Report and Auditors' Report as circulated to the shareholders of the Company were taken as read and thereafter Mr. Samit Hede continued with the proceedings of the meeting. Members Present: The meeting was attended by 16 Members. Details of the number of shareholders who were present at the meeting are as follows: CATEGORY PROMOTER AND PUBLIC TOTAL PROMOTER GROUP +fH:eHgh 4 4 ~/Corporate Representation (Video Conference) Video 2 10 12 Conference Total 6 10 16 The following resolutions as set out in the Notice convening the Annual General Meeting were considered and deliberated upon with the forum open for question and answers: Sr. DETAILS OF THE AGENDA TYPE OF THE No. RESOLUTION ORDINARY BUSINESS 1. To receive, consider and adopt: Ordinary Resolution (a) The Standalone Financial Statements of the Company for the year ended on March 31, 2026, containing the Audited Balance Sheet, the Statement of Change in Equity, Profit and Loss, Cash Flow statement and report of the Board and Auditors thereon, on that date. (b) The Consolidated Financial Statements of the Company for the year ended on March 31, 2026, containing the Audited Balance Sheet, the Statement of Change in the Equity, Profit and Loss, Cash Flow Statement and report of the Auditors thereon, on that date. 2. To appoint a director in place of Mrs. Shibanee Ordinary Resolution Manish Harlalka (DIN: 00507607), who retires by rotation and being eligible, offers herself for re-appointment SPECIAL BUSINESS 3. Prior Approval for Appointment of Special Resolution Dr. Prafulla Rajaram Hede (DIN: 00651441) as Non-Executive director and chairman of the Company 4. Appointment of Dr. Prafulla Rajaram Hede (DIN : Ordinary Resolution 00651441) as a non-executive director and chairman of the company. 5. To appoint Mrs. Varsha Ajay Usgaonkar Sharma Special Resolution (DIN : 07184991), as an independent director of the company. Further, informed the members about the remote e-voting facility provided to the shareholders which commenced on Saturday, 26th September, 2026 at 9.00 a.m. and ended on Monday, 28th September, 2026 at 5.00 p.m. Members who were present at the AGM and had not cast their votes electronically were provided an opportunity to cast their votes through Venue E-voting. The Board of Directors has appointed M/s. Kothari H. & Associates, Practicing Company Secretaries, as the Scrutinizer fore-voting and remote e-voting process at the Annual General Meeting. The e-voting facility was kept open for the next 15 minutes to enable the Members to cast their vote. Mr. Samit I lcde further informed that combined results of remote e-voting and e voting during the meeting would be announced and made available on the website of the Company and on the website of the Stock Exchanges. Mr. Samit Hcde thanked all the members for their continued support and for attending and participating in meeting through Video Conference ("VC")/ Other Audio Visual Means ("OAVM") for taking active interest in the working of the Company. The Annual General Meeting commenced at 03:30 P.M. and concluded at 03.40 P.M. This is for your information and records. For HBG HOTELS LIMITED (Formerly known as Phoenix Township limited) Samit P. Hcd c Managing Director DIN- 01111(189