Grand Continent Hotels Limited — Important, 31-07-2025: Disclosure of material issue

Grand Continent Hotels (#GCHOTELS) is expanding its hotel operations! The company has signed an MOU to lease and operate a new hotel in Gurgaon. 🏨

**The News:** GCH has entered an agreement to operate a 35-room hotel in South City-1, Gurgaon, featuring a restaurant, banquet hall, and car park.

**Possible Impact:** This move signifies strategic expansion, increasing GCH's room inventory and brand presence in a key market. It sets the stage for potential revenue growth and broader market reach for the "Grand Continent" brand.

**Company's Action:** This MOU is a step towards a definitive 9-year lease agreement, demonstrating GCH's proactive approach to asset-light growth and market penetration.

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