Ventive Hospitality Limited has announced the outcome of its Board Meeting held on November 2, 2026. The Board considered and approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. Additionally, the company approved the issuance of a Letter of Comfort in favour of ICICI Bank Limited for a Rupee Term Loan facility of ₹200 crores to its wholly owned subsidiary, KBJ Hotel & Restaurants Private Limited.
Ventive Hospitality Board Meeting Outcome
On November 2, 2026, Ventive Hospitality Limited’s Board of Directors convened for a meeting where key financial and strategic decisions were made. The Board reviewed and approved the unaudited consolidated financial results for the quarter and the half year that concluded on September 30, 2026. These results, along with the Limited Review Reports from the Statutory Auditors, have been formally approved.
Subsidiary Financing Approval
In a significant move for its subsidiary, KBJ Hotel & Restaurants Private Limited, the Board approved the issuance of a Letter of Comfort to ICICI Bank Limited. This letter pertains to a proposed Rupee Term Loan facility of up to ₹200 crores that the subsidiary intends to avail. This decision follows an earlier intimation dated August 4, 2026, where an arrangement with HSBC Bank for a similar loan facility was rescinded. The company has also confirmed that the details of this new arrangement are enclosed as Annexure B.
Information Accessibility
The disclosed information is also available on the company’s official website, www.ventivehospitality.com. The Board meeting commenced at 05:30 P.M. (IST) and concluded at 6:42 P.M. (IST).
Source: BSE
