BSECompany Update23 Oct 2026 · 23 Oct 2026, 01:31 pm
Closing of Hotel at Bharuch operated by Vitizen Hotels Limited and Restaurant at Mira Road operated by the Company.
Vikram Kamats Hospitality Ltd · 539659
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Vikram Kamats Hospitality Ltd has closed its hotel in Bharuch operated by Vitizen Hotels Limited and a restaurant in Mira Road operated by the company, citing operational and commercial factors.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Vikram Kamats Hospitality Ltd - 539659 - Announcement Under Regulation 30
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VIKRAM KAMATS HOSPITALITY LIMITED
(Formerly Known as VIDLI RESTAURANTS LIMITED)
CIN: L55101MH2007PLC173446
Date: 23rd October, 2026
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai- 400001.
Scrip Code: 539659
Scrip ID: KAMATS
Dear Sir/Madam,
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015 – Closing
of Hotel at Bharuch operated by Vitizen Hotels Limited (Material Subsidiary)
and Restaurant at Mira Road operated by the Company.
We hereby inform that the operations of Hotel under brand name ‘Vits Select’ at Bharuch,
Gujrat managed by Vitizen Hotels Limited, Material Subsidiary of the Company and restaurant
under the brand of the Company- ‘Kamats Legacy’ at Mira Road, Thane under lease and
managed by the Company are discontinued. The compliance with all applicable statutory
requirements in connection with the closure of the said Hotel and Restaurant will be ensured.
The decision to close the said Hotel and Restaurant was taken after due consideration of
operational and commercial factors, including Business Disruption.
The closure is not expected to have any material adverse impact on the overall operations of
the Company and/or Vitizen Hotels Limited.
We request you to kindly take the above information on record.
Thanking you
Yours truly
For Vikram Kamats Hospitality Limited
Dr. Vikram V. Kamat
Managing Director
DIN: 00556284
Reg Office:- Units No. 5-8 at Tapovan Co-operative Housing Society Ltd., Near Nahur Station,
Bhandup West, Mumbai - 400078.
T: +91 74000 58768 W: www.kamatsindia.com E:cs@kamatsindia.com
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