Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

LEELA PALACES HOTELS & RESORTS LIMITED (formerly known as Schloss Bangalore Limited) Registered Office: The Leela Palace, Diplomatic Enclave, Africa Avenue, Netaji Nagar New Delhi South Delhi 110023 Tel No. +91 (11) 39331234 Email Id: cs@theleela.com CIN: L55209DL2019PLC347492 Website: www.theleela.com Ref No.: THELEELA/2026-27/036 Date: August 10, 2026 To To Sr. General Manager Sr. General Manager Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex Mumbai – 400001 Bandra (E), Mumbai – 400 051 Scrip Code- 544408 Symbol- THELEELA ISIN - INE0AQ201015 ISIN - INE0AQ201015 Dear Sir/Madam, Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“LODR Regulations”) - Investment in Compulsorily Convertible Preference Shares of Buildminds Real Estate Private Limited (“Buildminds”). Pursuant to Regulation 30 of the LODR Regulations read with the SEBI Master Circular issued thereunder, Leela Palaces Hotels & Resorts Limited ("the Company") proposes to make an investment of up to INR 185,00,00,000 (Rupees One Hundred and Eighty-Five Crores Only), in one or more tranches over one or more years, in Buildminds, a subsidiary of the Company, by way of subscription to Compulsorily Convertible Preference Shares ("CCPS"). Buildminds is engaged in the development of our upcoming 5-star Hotel at Ayodhya. The proposed investment forms part of the Company's overall commitment to fund the capital requirements of Buildminds and is intended to support its ongoing business operations, project development activities and long-term growth plans. The investment shall be made in one or more tranches, depending upon the funding requirements. Being an investment in an existing subsidiary this will not result in any change in the management control or any economic interest in Buildminds. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure A. For Leela Palaces Hotels & Resorts Limited (formerly known as Schloss Bangalore Limited) Jyoti Maheshwari Company Secretary and Compliance Officer Membership No.: A24469 LEELA PALACES HOTELS & RESORTS LIMITED (formerly known as Schloss Bangalore Limited) Registered Office: The Leela Palace, Diplomatic Enclave, Africa Avenue, Netaji Nagar New Delhi South Delhi 110023 Tel No. +91 (11) 39331234 Email Id: cs@theleela.com CIN: L55209DL2019PLC347492 Website: www.theleela.com Annexure- A Details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sr. Particulars Details 1 Name of the target entity, details in brie- f Buildminds Real Estate Private Limited ("Buildminds") such as size, turnover etc.; - Turnover for FY26 – Nil 2 Whether the acquisition would fall within Buildminds is a subsidiary of the Company and is therefore a related party transaction(s) and whether related party under the SEBI (Listing Obligations and Disclosure the promoter/ promoter group/ group Requirements) Regulations, 2015. The proposed investment companies have any interest in the entity constitutes a related party transaction and is being undertaken being acquired? If yes, nature of interest at arm's length and in compliance with the applicable provisions and details thereof and whether the same of the SEBI LODR Regulations. is done at arm’s length Except by virtue of Buildminds being a subsidiary of the Company, none of the promoters, promoter group or group companies have any interest in the proposed transaction other than to the extent of their shareholding in the Company. 3 Industry to which the entity being acquired Hotel and Resorts belongs 4 Objects and impact of acquisitio-n To meet the capital requirements of Buildminds for construction (including but not limited to, disclosure of of an upcoming 5-star Hotel at Ayodhya. The proposed reasons for acquisition of target entity, if investment will be used for funding of project-related its business is outside the main line of expenditure, working capital requirements and other general business of the listed entity); corporate purposes of Buildminds 5 Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition 6 Indicative time period for completion of The investment shall be made in one or more tranches on or the acquisition before Financial Year 2028-2029, depending upon the funding requirements of Buildminds. 7 Consideration - whether cash Cash consideration consideration or share swap or any other form and details of the same; 8 Cost of acquisition and/or the price at The total proposed investment is expected to be upto an amount which the shares are acquired of Rs. 185,00,00,000 (Rupees One Hundred and Eighty-Five Crores Only). 9 Percentage of shareholding / control The Company presently holds 76% of the equity share capital of acquired and / or number of shares Buildminds. The proposed investment is not expected to result acquired in any change in the Company's management control over Buildminds. 10 Brief background about the entity Buildminds was incorporated as a private limited company on acquired in terms of products/line of April 23, 2024, under the Companies Act, 2013 with the Registrar business acquired, date of incorporation, of Companies, Mumbai. The registered office of BREPL is at history of last 3 years turnover, country in Tower 4, Third Floor, Equinox Business Park, Kurla West, Kurla, which the acquired entity has presence Mumbai, Maharashtra, India, 400070. Its CIN is and any other significant information (in U55101MH2024PTC423912. brief) Turnover for FY – 26 – Nil Turnover for FY – 25 – Nil Turnover for FY – 24 – Nil Country of presence - India