TAJGVK
Taj GVK Hotels & Resorts Limited
NSELast Traded Price
₹341.1
-0.65 (-0.19%)
Open
₹343.95
High
₹343.95
Low
₹337.2
Prev Close
₹341.75
Industry
Hotels & Resorts
Market Cap
2138.75 Cr
Filing History
Recent corporate announcements and filings for TAJGVK
Ownership
Neutral
2026-08-18 17:14
- Board of Directors approved the reclassification of The Indian Hotels Company Limited (a Promoter Group company) as a 'Public' category shareholder on 31.07.2026.
- Application for reclassification was filed with Stock Exchanges on 05.08.2026.
Ownership
Negative
2026-08-18 17:13
- The Indian Hotels Company Limited (IHCL) requested reclassification from the 'promoter and promoter group' category to the 'Public' category, which was approved by the Board on 31.07.2026.
- This reclassification is subsequent to IHCL selling its entire stake of 1,60,00,400 equity shares (25.52% of the issued and paid-up capital) on 30.12.2025.
- IHCL no longer holds any equity shares of Taj GVK Hotels & Resorts Limited.
Governance
Neutral
2026-08-14 15:43
- The 31st Annual General Meeting (AGM) of TAJ GVK Hotels & Resorts Limited will be held on Wednesday, 9th September 2026, at 11:00 a.m. (IST).
- The AGM will be conducted through Video Conferencing/Other Audio Visual Means, including e-voting details.
- The company has completed dispatch of the Notice of AGM and Annual Report for FY 2025-26.
Business Update
Positive
2026-08-13 16:43
- Submitted Business Responsibility and Sustainability Report (BRSR) for FY 2025-26, forming part of the Annual Report.
- The report details sustainability commitments with targets by 2030, including 50% energy from renewable sources, 100% wastewater recycling, and 25% women representation on the Board.
Financials
Positive
2026-08-13 16:33
- Board recommended a dividend of ₹2/- per equity share (100% on face value of ₹2/-) for the financial year 2025-26.
- Record Date for dividend is 1st September, 2026.
- The 31st Annual General Meeting (AGM) is scheduled for 9th September, 2026.
- Dividend will be paid within 5 days from the date of AGM, subject to shareholder approval.
Business Update
Neutral
2026-08-05 13:44
- Ministry of Corporate Affairs has approved the availability of the new name "KRISHNA GVK LUXURY HOTELS LIMITED" for TAJ GVK HOTELS & RESORTS LIMITED.
- Shareholder approval for the name change will be sought at the Annual General Meeting scheduled on September 9, 2026.
Governance
Neutral
2026-07-31 16:34
- Board approved changing company name from 'Taj GVK Hotels & Resorts Limited' to 'Krishna GVK Hotels & Resorts Limited'.
- This strategic restructuring and rebranding requires regulatory and shareholder approvals.
- No change in principal business activities or legal status.
Financials
Positive
2026-07-31 15:02
- Consolidated Revenue ₹166.11 Cr. vs ₹108.08 Cr. (▲54% YoY)
- EBITDA ₹51.18 Cr. vs ₹33.55 Cr. (▲53% YoY)
- PAT ₹31.66 Cr. vs ₹20.89 Cr. (▲52% YoY)
- EBITDA Margin 30.81% vs 31.04% (▼23bps)
- Upcoming greenfield 256-key 5 Star Luxury project "Taj Yelahanka" expected to start commercial operations shortly.
Financials
Positive
2026-07-31 14:33
- Consolidated Revenue ₹16500 lakhs vs ₹10639 lakhs (▲55.09% YoY)
- EBITDA ₹4896 lakhs vs ₹3186 lakhs (▲53.67% YoY)
- PAT ₹2530 lakhs vs ₹2089 lakhs (▲21.11% YoY)
- EBITDA Margin 29.67% vs 29.95% (▼28bps)
Ownership
Neutral
2026-07-31 13:32
- On July 31, 2026, TAJ GVK Hotels & Resorts Limited's Board approved the reclassification of The Indian Hotels Company Limited (IHCL) from 'Promoter Group' to 'Public' shareholder category, as IHCL meets the criteria by not holding over 10% voting rights or exercising control.
Financials
Positive
2026-07-31 13:28
- Consolidated Revenue ₹16,500 Lakhs vs ₹10,639 Lakhs (▲55.09% YoY)
- EBITDA ₹5,118 Lakhs vs ₹3,355 Lakhs (▲52.55% YoY)
- PAT ₹3,166 Lakhs vs ₹1,601 Lakhs (▲97.75% YoY)
- EBITDA Margin 31.02% vs 31.54% (▼52bps)
- The 31st Annual General Meeting (AGM) will be held on September 9, 2026.
- Record date for dividend entitlement for the financial year ended March 31, 2026, is September 2-9, 2026.
Governance
Neutral
2026-07-31 13:25
- The Board of Directors of TAJ GVK HOTELS & RESORTS LIMITED, at its meeting on July 31, 2026, approved the appointment of Mrs. Dia Mehta Bhupal (DIN: 07123183) as an Additional Director (Non-Executive & Non-Independent) under the Promoter Category.
- She will hold office from July 31, 2026, until the date of the next Annual General Meeting.
- Mrs. Dia Mehta Bhupal is related to other directors and promoters of the company.