Annual Report for FY 2025-26 pursuant to Regulation 34(1) 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/2026-27/041 Date: August 13, 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 Sub: Submission of Annual Report for FY 2025-26 pursuant to Regulation 34(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, The Seventh Annual General Meeting (‘AGM’) of the Company is scheduled to be held on Friday, September 4, 2026 at 11:00 A.M. (IST) through Video Conferencing /Other Audio Visual Means (VC/OAVM). Pursuant to Regulation 34(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), please find enclosed herewith the Annual Report of the Company for FY 2025-26 along with the Notice of the Seventh AGM and other Statutory Reports. The said Annual Report is being sent through electronic mode to the Members whose email addresses are registered with the Company, Registrar and Transfer Agent (RTA) and Depositories. Further, in accordance with Regulation 36(1)(b) of the SEBI Listing Regulations, the Company is also sending a letter to Members whose e-mail addresses are not registered with Company, RTA and Depositories providing the web-link from where the Annual Report can be accessed on the Company’s website. The said Annual Report along with the Notice of the Seventh AGM is also available on the website of the Company at https://www.theleela.com/general-meeting-information/AGM/FY2025-2026 This is for your information and record. Thanking you, For Leela Palaces Hotels & Resorts Limited (formerly known as Schloss Bangalore Limited) Jyoti Maheshwari Company Secretary and Compliance Officer Membership No.: A24469 Encl.: As above ACROSS 02-123 124-284 Corporate Overview Statutory Reports Four Decades of True Indian Luxury 02 Defining International Luxury in Dubai 58 Management Discussion and Analysis 124 Company Overview 04 Luxury at Country’s Most Elite Central 62 Notice of Annual General Meeting 149 PAGES The Epitome of True Indian Luxury 06 Business District Board’s Report 164 Leadership Rooted in Legacy 08 A New Era of Luxury in Jaisalmer 66 Corporate Governance Report 199 A Journey of Distinction 10 A New Sanctuary of Luxury in Coorg 68 Business Responsibility and Sustainability 229 Institutional Backing by Brookfield 12 On Track for 1,000+ Keys 70 Report Letter from the Whole-time Director and 14 Multi-pronged Growth Strategy Firing on 72 Chief Executive Officer All Cylinders The Anatomy of a Luxury Leader 18 285-496 Value Creation Approach 78 Committed to Customer Delight 24 The Art of Creating Enduring Value 80 Financial Statements Performance that Drives Leadership 26 The Leela Commitment to Mindful Industry Leading RevPAR Growth 28 Luxury 82 Excellence, Delivered in Numbers 32 Standalone 285 Where Luxury Meets Sustainability 84 The Leela Luxury Ecosystem 34 Consolidated 375 The Leela Footprint 36 Environmental Stewardship 86 Expanding Value Beyond Rooms 38 Responsible Sourcing 93 Reimagining Wellness as a Inclusive Culture 96 Signature Advantage 42 Scan this QR code to navigate Heritage and Communities 112 Giving Luxury Its Operating Soul 48 investor-related information Awards & Accolades 50 Governance in Practice 118 https://www.theleela.com/investors Growth Pipeline 54 Elevating Experience through Advanced 120 Our Invite-Only Luxury Lifestyle Club Offering 56 Technology ABOUT THE REPORT This Report highlights the Reporting Principle Reporting Period Feedback performance and priorities of The non-statutory sections of this report This Annual Report covers the financial We welcome feedback, suggestions, and The Leela Palaces, Hotels and are guided by the principles of the year from April 1, 2025 to March 31, 2026. questions from all stakeholders to help us Resorts and provides a comprehensive International Integrated Reporting further strengthen our approach to overview of our strategic priorities, Framework (IIRC), which encourage an transparency, communication, and impact. Stakeholder Engagement operational performance, financial integrated view of strategy, governance, Please write to us at: performance, and future outlook. The results, and environmental and social We believe that open, consistent, and investor.relations@theleela.com statutory sections of this report - including impact for the year under review. It is transparent engagement with the Directors’ Report, Management designed to offer transparent insight stakeholders is essential to building trust Your perspectives help us improve and Discussion and Analysis (MD&A), and and supporting sustainable, long-term serve with greater purpose. into how we create enduring value for Corporate Governance Report - have been growth. Our key stakeholder groups our stakeholders. prepared in compliance with: include: Disclaimer: This document contains statements • The Companies Act, 2013 and • Investors and shareholders about expected future events and financials of Leela Palaces Hotels & Resorts Limited (‘The applicable rules Company’), which are forward-looking. By their • Guests and loyalty members nature, forward-looking statements require the • The SEBI (Listing Obligations and • Employees and associates Company to make assumptions and are subject to inherent risks and uncertainties. There is a Disclosure Requirements) Regulations, • Local communities significant risk that the assumptions, predictions 2015 issued by the Securities and and other forward-looking statements may not • Value chain partners prove to be accurate. Readers are cautioned not Exchange Board of India to place undue reliance on forward-looking • Government and regulatory statements as several factors could cause • Applicable Secretarial Standards authorities assumptions, actual future results and events to prescribed by the Institute of Company differ materially from those expressed in the We are committed to understanding and forward-looking statements. Accordingly, this Secretaries of India addressing their evolving expectations document is subject to the disclaimer and qualified in its entirety by the assumptions, • Indian Accounting Standards (Ind AS) through ongoing dialogue, structured qualifications and risk factors referred to in the for the preparation of financial feedback channels, and collaborative Management Discussion and Analysis section of this Annual Report. statements initiatives. 2 Corporate Overview S F Four decades of true Indian luxury For four decades, The Leela Palaces, Culinary Excellence brings together artistry Holistic Well-Being completes the Hotels and Resorts has defined the art and indulgence, where every creation is experience, offering spaces of calm and of Indian luxury hospitality. Built on a thoughtfully crafted to awaken the senses renewal where balance is restored and the foundation of grace, grandeur and genuine and celebrate the richness of flavour. mind, body and spirit are gently nurtured. warmth, our journey has been shaped by a Indian Art & Culture lives within our This milestone is not only a celebration of deep respect for heritage and a pursuit of spaces, where architecture, craftsmanship the past, but also a promise for the future, excellence. and tradition come together to honour a to keep creating spaces where elegance is As we mark 40 extraordinary years, heritage that is both timeless and evolving. timeless, hospitality is gracious, a [Showing first 8,000 characters — download PDF for full document]