Outcome of Board Meeting

HOTELS & RESORTS November 5, 2026 The Manager The Manager BSE Limited National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, Bandra Kurla Complex Floor 25, P. J. Towers, Bandra (E), Mumbai - 400 051 Dalal Street Mumbai - 400 001 Symbol - SINCLAIR BSE Scrip Code: 523023 The Secretary The Calcutta Stock Exchange Ltd 7, Lyons Range, Kolkata 700 001 CSE Scrip Code: 029074 Dear Sir/Madam, Sub: Outcome of Board Meeting held on November 5, 2026 Pursuant to Regulations 30 and 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, we would like to inform you that the Board of Directors of the Company, at its meeting held today has inter alia considered and approved the following: I Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2026, and the same is enclosed. I Noted the Unmodified Limited Review Report in respect of the above-mentioned financial results, issued by M/s. BSR & Co. LLP, Chartered Accountants, Statutory Auditors, which is also enclosed. . Based on the recommendation of the Nomination and Remuneration Committee (NRC), approved ‘in-principle’ the introduction of Employee Stock Option Scheme in accordance with the applicable provisions of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, as amended and other applicable laws. IV. Amendment of Articles of Association (AOA) of the Company for inserting a new article to enable the issuance of employee stock options and share based benefits to eligible employees and directors of the Company in accordance with applicable laws. The meeting of the Board of Directors commenced at 4:30 P.M. and concluded at 5:10 P.M. The above Unaudited Financial Results along with Auditor’s Limited Review Report thereon will be available on the Investor Information website of the Company at www.sinclairsindia.com Sinclairs Hotels Limited Regd. Office: 147, Block G, New Alipore, Kolkata 700053, t:9007540731 CIN: L55101WBI1971PLC028152, www.sinclairshotels.com e: cs@sinclairshotels.com A MSME Enterprise : Registration No. UDYAM-WB-10-0004205 HOTELS & RESORTS Kindly take the above on record. Thanking you, Yours faithfully, For Sinclairs Hotels Limited Dipak Kumar Shaw Company Secretary M No.: A44841 Encl: as above Sinclairs Hotels Limited Regd. Office: 147, Block G, New Alipore, Kolkata 700053, t:9007540731 CIN: L55101WBI1971PLC028152, www.sinclairshotels.com e: cs@sinclairshotels.com A MSME Enterprise : Registration No. UDYAM-WB-10-0004205 HOTELS & RESORTS Statement of Profit and Loss for the quarter and half year ended 30th September 2026 [ in lakh) Quarter ended Half Year Ended Year Ended fi‘l)'. Particulars 30.09.2026 {30.06.2026 | 30.09.2025 | 30.09.2026 | 30.09.2025 | 31.03.2026 Unaudited | Unaudited | Unaudited | Unaudited | Unaudited Audited 1) | INCOME a) Revenue from operations 880.04 | 2,014.84 898.48 2,894.88 2,467.79 5,923.91 b) Other income 55.65 455.46 30.58 511.11 333.70 317.99 Total Income 935.69 | 2,470.30 929.06 3,405.99 2,801.49 6,241.90 2) | EXPENSES: a) Cost of material consumed 148.53 239.17 170.24 387.70 393.77 843.66 b) Employee benefits expenses 348.08 367.76 343.37 715.84 683.58 1,402.17 c) Finance costs* 48.24 78.15 80.86 126.39 132.05 291.05 d) Depreciation and amortization expenses 163.12 199.48 196.43 362.60 335.32 730.44 e) Other expenses 379.81 568.79 414.43 948.60 748.66 1,780.68 Total Expenses 1,087.78 | 1,453.35 1,205.33 2,541.13 2,293.38 5,048.00 3) | Profit/(loss) before tax (152.09) | 1,016.95 (276.27) 864.86 508.11 1,193.90 4) | Tax expense: a) Current tax 2.76 177.72 (22.41) 180.48 95.28 409.18 b) Deferred tax (27.64) 48.24 (50.27) 20.60 (2.08) (120.72) Tax expense (24.88) 225.96 (72.68) 201.08 93.22 288.46 5) | Profit/(loss) for the period/year (127.21) | 790.99 (203.59) 663.78 414.89 905.44 6) | Other comprehensive income/(loss) Items that will not be reclassified subsequently to profit or loss a) Remeasurements of defined benefit liability 451 4.52 (2.94) 9.03 (5.88)| 18.06 and assets b) Income tax relating to above (1.13) (1.14) 0.74 (2.27) 148 (4.55) Other comprehensive income/(loss) for the period/year, 3.38 3.38 (2.20) 6.76 (4.40) 13.51 net of income tax 7) | Total comprehensive income/(loss) for the period/year (123.83) 794.37 (205.79) 670.54 410.49 918.95 8) | Paid-up equity share capital (face value ¥ 2/-) 1,025.20 | 1,025.20 1,025.20 1,025.20 1,025.20 1,025.20 9) | Other Equity (excluding Revaluation Reserve) 10,743.59 0) | Earnings per share (3 2/-) (not annualised for quarters) - Basic and diluted earning per share (%) (0.25) 1.54 (0.40) 1.29 0.81 1.77 * Represents interest on lease liability as per Ind AS 116. NOTES: a) The above unaudited financial results have been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on 5th November 2026. The Statutory Auditors have carried out limited review of the financial results in the quarter and half year ended 30th September 2026. The Company has no reportable segments other than hotels as per Ind AS 108. g The figures of the current quarter are not indicative of a full year's working due to the seasonal nature of the Company's business. o The Company does not have any investments in subsidiary/associate/joint venture as on 30th September 2026. HOTELS & RESORTS Balance Sheet as at 30th September 2026 Rin lakh; As at As at Particulars 30.09.2026 | 31.03.2026 Unaudited Audited ASSETS 1) Non-Current Assets a) Property, plant and equipment 6,069.99 7.417.27 b) Capital Work-in- Progress 226.70 - c) Financial Assets i) Investments 3,478.91 2,369.52 ii) Other financial assets 161.63 201.35 d) Other Tax Assets (net) 72.76 0.26 e) Other Non-Current Assets 89.25 50.00 2) | Current Assets a) Inventories 25.50 26.11 b) Financial assets i) Investments 5,570.67 6,370.68 ii) Trade receivables 77.08 140.52 iii) Cash and cash equivalents 27.04 57.46 iv) Bank balances other than (jii) above 12.42 10.88 v) Other financial assets 21.79 29.72 c) Other current assets 65.74 75.24 TOTAL ASSETS 15,899.48 16,749.01 EQUITY AND LIABILITIES 1) EQUITY a) Equity share capital 1,025.20 1,025.20 b) Other equity 11,351.91 11,091.45 LIABILITIES 2) Non-Current Liabilities a) Financial liabilities i) Lease liabilities 2,130.93 3,199.93 b) Deferred tax liabilities (net) 344.76 324.15 c) Deferred income 210.91 216.12 3) | Current Liabilities a) Financial liabilities i) Lease liabilities 85.67 238.85 ii) Trade payables - total outstanding dues of micro enterprises and small enterprises; 52.38 30.05 - total outstanding dues of creditors other than micro enterprises and small enterprises. 132.70 163.90 iii) Other financial liabilities 228.32 143.99 b) Other current liabilities 323.64 304.79 c) Deferred income 8.29 8.35 d) Provisions 477 223 TOTAL EQUITY AND LIABILITIES 15,899.48 16,749.01 HOTELS & RESORTS Statement of Cash Flows R in lakh) cul Half year ended Particulars 30 September 2026 | 30 September 2025 Unaudited Unaudited A. | Cash Flow from Operating Acti Profit before tax 864.86 508.11 Adjustments For : Depreciation and amortization expenses 362.60 335.32 Net gain on sale of investments (42.66) (11.21) Interest Income under the effective interest method (36.14) (38.41) Income from investments in Alternative Investment Fund (92.57) - Finance costs 126.39 132.05 Gain on termination of lease arrangements (26.36) - Profit/(loss) on sale of property, plant and equipment (net) 18.06 (0.40) Fair value gain on investments at FVTPL (net) (305.11) (277.01) Liabilities no longer required written back (0.65) (0.67) Operating profit before working capital changes 868.42 647.78 Movements in working capital : Decrease in Trade Receivables 63.44 56.23 Decreasel(increase) in Inventories 061 (7.84) Decrease in other financial assets 242 0.92 Decreasel(increase) in other assets 9.50 (16.32) Increase/(decrease) in Trade payables (8.87) 39.90 Increase/(decrease) in other financia [Showing first 8,000 characters — download PDF for full document]