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- Important
- Financial Update
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The Board of Directors has announced key outcomes from its recent meeting, approving the financial results for the quarter and nine months ended December 31, 2024. Operations have commenced at 'Sinclairs Udaipur' with promising guest feedback, supported by ongoing enhancements. Progress continues at 'Sinclairs Palace Retreat Udaipur,' aimed at providing comprehensive wedding and event services. However, operations at the Gangtok, Kalimpong, and Darjeeling locations have faced disruptions due to adverse weather. The board also noted temporary diminution in investment value and initial costs tied to the new operations.