Viceroy Hotels Limited
Incorporated in 2005, Viceroy Hotels Ltd is in the business of Hoteliering
What Viceroy files
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The Hon’ble High Court of Telangana has ruled in favor of Viceroy Hotels Limited by setting aside a cross-subsidy surcharge demand notice amounting to Rs. 3.56 Crore for the financial years spanning 2005-06 to 2014-15. The court upheld that following the successful conclusion of the Corporate Insolvency Resolution Process, the...
Viceroy Hotels announced a Rights Issue of 9.20 million shares at ₹115/share, totaling ₹105.83 Cr. Funds will repay company and subsidiary loans (₹41.35 Cr & ₹38.90 Cr) and support general corporate needs. Promoters will forgo their entitlement to meet public shareholding norms. An ongoing ₹3.50 Cr litigation is being challenged.
Viceroy Hotels announced a ₹105.83 Cr rights issue of 9.20 million shares at ₹115/share (6:7 ratio) to public shareholders. Proceeds will repay company and subsidiary debt (₹41.35 Cr & ₹38.90 Cr, respectively) and for general corporate purposes. Promoters will forgo their entitlement to meet public shareholding norms. A material litigation...
Viceroy Hotels reported robust Q1 FY27 results: Total Income surged 70.8% to ₹45.2 Cr, EBITDA jumped 144.5% to ₹11.8 Cr (26.3% margin), and PAT reached ₹1.4 Cr. Strong operational recovery with growth in room revenue and occupancy across properties.
Viceroy Hotels' subsidiary SLN Terminus Hotels saw its statutory auditors resign due to management changes post-acquisition and resource reallocation. M/s. KGM & Co. has been appointed as the new statutory auditors for the subsidiary, ensuring ongoing financial oversight.