Updates

Date: October 21, 2026 Listing Manager, BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaza, 5th Floor Plot 1st Floor, New Trading Ring Rotunda Building, No. C-1, Block G, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Dalal Street, Bandra (E) Mumbai – 400051, India Fort Mumbai – 400001, India Symbol: PARKHOTELS Scrip Code: 544111 ISIN No.: INE988S01028 ISIN No.: INE988S01028 Subject: Press Release on signing of Hotel Management Agreement Respected Sir/Ma’am, We are pleased to inform that Apeejay Surrendra Park Hotels Limited has signed a Hotel Management Agreement for Zone Connect by The Park Aurangabad at Chhatrapati Sambhajinagar, bringing together a rich cultural heritage and a vibrant business landscape, attracting visitors for work, leisure and exploration. This upcoming 50-key hotel on Beed Bypass will cater to business and leisure travellers, with contemporary dining, meeting and wellness facilities. A press release on the captioned subject is enclosed herewith, the contents of which are self- explanatory. This is for the information of the Exchange and the members. Thanking you. Yours sincerely, For Apeejay Surrendra Park Hotels Limited Shalini Keshan (Company Secretary and Compliance Officer) Membership No.: ACS-014897 Encl: As above Apeejay Surrendra Park Hotels signs HMA for Zone Connect by The Park Aurangabad 50-key hotel on Beed Bypass to cater to business and leisure travellers, with contemporary dining, meeting and wellness facilities; expected to open soon National, 21 October 2026: Chhatrapati Sambhajinagar brings together a rich cultural heritage and a vibrant business landscape, attracting visitors for work, leisure and exploration. Building on the city’s growing hospitality potential, Apeejay Surrendra Park Hotels Limited (ASPHL) has signed a Hotel Management Agreement for Zone Connect by The Park Aurangabad, marking another step in the company’s expansion across emerging business and leisure destinations in India. Located on Beed Bypass in Chhatrapati Sambhajinagar, the upcoming hotel will cater to a diverse mix of travellers, from corporate guests visiting the city’s industrial hubs to families, inbound visitors and leisure travellers exploring its cultural heritage. With convenient access to the city’s three major MIDC industrial zones, key transport links and popular wedding venues, the property is well positioned to serve both business travel and social occasions. For travellers looking to explore the region, the hotel will provide a base to discover Chhatrapati Sambhajinagar’s rich history and cultural legacy, including the iconic Ajanta and Ellora caves, historic forts and museums. By catering to both business and leisure needs, the property aims to serve a varied mix of visitors to the city. The 50-key property will bring together comfortable accommodation, dining, business facilities and wellness under one roof. Café C, the brand’s all-day dining restaurant, will offer a dining option for hotel guests, while a banquet hall and meeting room/boardroom will cater to corporate meetings, intimate celebrations and social gatherings. Vitalia Gym & Spa will further complement the guest experience with dedicated fitness and wellness facilities. Commenting on the signing, Mr Vikas Ahluwalia, AVP & National Head – Zone by The Park Hotels, said, “We are delighted to bring Zone Connect by The Park to Chhatrapati Sambhajinagar. The city offers an interesting mix of business activity, heritage and leisure, creating an opportunity for us to cater to travellers with varied needs. With its location on Beed Bypass, contemporary rooms, dining and social spaces, meeting facilities and wellness offerings, the hotel will bring together the essentials of a comfortable and convenient stay for both business and leisure guests.” Speaking on the occasion, the partners of M/s S.M Squad said, “We are pleased to partner with Apeejay Surrendra Park Hotels for Zone Connect by The Park Aurangabad. We see an opportunity to add to the city’s growing hospitality landscape with a hotel that caters to business and leisure travellers alike. We look forward to bringing this project to life and creating a welcoming space for visitors and the local community.” About Apeejay Surrendra Park Hotels Limited: Apeejay Surrendra Park Hotels Limited (ASPHL) is a leading player in the hospitality sector renowned for its upscale properties and diverse F&B offerings. Since its inception in 1967, with the opening of its first property in Kolkata under the renowned brand "THE PARK," the Company has expanded its pan-India presence, operating 42 hotels and a growing portfolio of owned, leased, and managed properties under five distinct brands: THE PARK, THE PARK Collection, Zone by The Park, Zone Connect by The Park, and Stop by Zone. These brands are known for their upscale and upper mid-scale categories, symbolizing excellence in hospitality. Alongside its core hospitality offerings, ASPHL has a diverse portfolio in food and beverage (F&B) and entertainment, with restaurants, nightclubs, and bars. The Company also has a well-established footprint in the retail food and beverage sector through its iconic retail brand 'Flurys,' which includes a broad network of outlets featuring various formats including kiosks, cafes, and restaurants. Moreover, the Company's portfolio includes nightclubs and entertainment options, enhancing its brand positioning and enabling synergistic cross-selling opportunities. ASPHL is listed on the BSE Ltd (BSE) (Code: PARKHOTELS/544111) and National Stock Exchange of India Ltd. (NSE) (Symbol: PARKHOTELS) in India. For further information, please contact: Ruchika Pandit | +91 - 9910332565 rpandit@theparkhotels.com Simran Sethi | +91 - 8425928828 simran.sethi@bursonglobal.in For more information about us, please visit www.theparkhotels.com or contact: DISCLAIMER: Certain statements made in the press release may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like significant changes in economic environment in India and overseas, tax laws, import duties, litigation, labour relations etc. Actual results might differ substantially from those expressed or implied. Apeejay Surrendra Park Hotels Limited will not be in any way responsible for any action taken based on such statements and discussions; and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.