Ventive Hospitality Limited — Board Meeting, 13-05-2025: Outcome of Board Meeting

Ventive Hospitality Limited has announced a board meeting outcome with key updates. The board approved the consolidated financial results for the quarter and year ended March 31, 2025, reporting a profit of Rs 1511 Cr and earnings per share (EPS) of Rs 1.20 for the year. The company completed a successful IPO raising Rs 1,533 Cr (net) and utilized most proceeds to reduce debt. Several strategic acquisitions were integrated during the year, significantly expanding their hospitality and commercial leasing footprint, including hotels in Pune, Bengaluru, Maldives, and Varanasi. The board also approved a scheme to amalgamate three wholly owned subsidiaries into the parent entity to streamline operations and enhance resource utilization. A new Secretarial Auditor has been appointed for five years, subject to shareholder approval. The AGM is scheduled for August 25, 2025.