Company Update

Velan Hotels Limited has confirmed its compliance with securities dematerialization procedures for the quarter ended June 30, 2026. Based on confirmation from its Registrar and Transfer Agent, the company certified that physical securities received for dematerialization were duly processed, cancelled, and converted to electronic form.

The depositories were recorded as the new owners within the stipulated timeframe.

This ensures the accurate and timely management of the company's electronic share records, which is crucial for maintaining market liquidity and investor confidence in trading Velan Hotels' shares.