Juniper Hotels Limited — Important, 11-02-2025: Disclosure of material issue

Juniper Hotels Limited has announced a board meeting to evaluate the potential acquisitions of Hyatt Regency Mumbai and Hyatt Regency Chennai. The board has acknowledged the Right of First Offer (ROFO) letters received from Saraf Hotels, initiating discussions on the proposed transactions. A sub-committee of independent directors is tasked with assessing the offer's merits, with consultations involving legal and financial advisors to ensure informed decision-making. If deemed appropriate, the board will express interest in acquiring the properties, subject to necessary corporate approvals. This development highlights Juniper Hotels' strategic intent to expand its footprint in the hospitality sector, warranting close monitoring by investors for potential growth opportunities.