Outcome of Board Meeting held on 16.10.2026

BENARES HOTELS LIMITED CIN: L55101UP1971PLC003480 Registered Office: Taj Ganges, Nadesar Palace Compound, Varanasi – 221002 | T: +91 542 666 0001 E-mail: tghaccts.ben@tajhotels.com | Website: www.benareshotelslimited.com Corporate Office: Taj Palace, Sardar Patel Marg, New Delhi – 110021 | T: +91 11 6650 3549/3704 E-mail: investor@tajhotels.com October 16, 2026 BSE Limited, Corporate Relationship Department, 1st Floor, New Trading Ring, Rotunda Building, Dalal Street, Fort, Mumbai – 400 001 Scrip Code: 509438 SUB: OUTCOME OF THE BOARD MEETING Dear Sir, Further to our letter dated October 9, 2026, the Board of Directors of the Company at its meeting held earlier today, transacted, inter- alia, the following business: 1) Cconsidered and took on record the Un-audited (Reviewed) Financial Results along with the Limited Review Report thereon for the quarter /period ended September 30, 2026. 2) Approved the appointment of Mr. Satyajeet Krishnan (DIN: 07491453) as an Additional Non- executive, Non-Independent Director of the Company w.e.f. October 16, 2026. 3) Noted the resignation of Mr. Rohit Khosla (DIN: 07163135) Non-executive, Non-Independent Director of the Company w.e.f. close of business hours on October 16, 2026 due to other business commitments and pre-occupations. Enclosed is the copy of the said unaudited financial results of the Company along with the Limited Review Report, being forwarded to you in terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These are also being made available on the website of the company at www.benareshotelslimited.com. The aforesaid meeting of Board of Directors commenced at 11.30 a.m. and concluded at 1.05 p.m. You are requested to kindly take the same on record. Thanking you, Yours faithfully, for Benares Hotels Limited Vanika Mahajan Company Secretary Encl. a/a PKF SRIDHAR & SANTHANAM LLP Chartered Accountants Independent Auditor’s Review Report on Unaudited Quarterly and Half Yearly Financial Results of Benares Hotels Limited pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended for the quarter and half year ended September 30, 2026 To the Board of Directors of Benares Hotels Limited 1. We have reviewed the accompanying statement of unaudited financial results (“the Statement”) of Benares Hotels Limited (“the Company”) for the quarter and half year ended September 30, 2026, being submitted by the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Obligations”) and which has been initialled by us for identification. 2. This Statement which is the responsibility of the Company’s Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. 3. Our responsibility is to issue a report on the Statement based on our review. 4. We conducted our review of the Statement in accordance with the Standard on Review Engagement (SRE) 2410 ‘Review of Interim Financial Information performed by the Independent Auditor of the Entity’, issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review is limited primarily to inquiries of Company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. Conclusion: 5. Based on our review conducted as stated above, nothing has come to our attention that causes us to believe that the accompanying Statement prepared in accordance with the aforesaid Indian Accounting Standards and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Obligations”), including the manner in which it is to be disclosed, or that it contains any material misstatement. For PKF Sridhar & Santhanam LLP Chartered Accountants Firm’s Registration No. 003990S/S200018 Abhishek Aggarwal Partner Membership No. 528321 UDIN: 26528321YZUNWB3558 Place: New Delhi Date: October 16, 2026 PKF SRIDHAR & SANTHANAM LLP • 319, 3rd Floor, DLF Prime Towers, Okhla Phase -1, New Delhi -110020 • Tel.: +91 11 40543689 • Email: delhi@pkfindia.in • Web: www.pkfindia.in Head Office/Registered Office: 91/92, VII Floor, Dr. Radhakrishnan Road, Mylapore, Chennai, 600004, India • Tel.: +91 44 2811 2985 – 88 Fax.: +91 44 2811 2989 • Email: sands@pkfindia.in • Web: www.pkfindia.in PKF SRIDHAR & SANTHANAM LLP is a registered Limited Liability Partnership with LLPIN AAB-6552 (REGISTRATION NO. 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