Vikram Kamats Hospitality Ltd — Important, 04-09-2025: Company Update

Vikram Kamats Hospitality's material subsidiary, Vitizen Hotels Limited, has executed a long-term lease agreement for a hotel property in Bengaluru’s Manyata Tech Park. This strategically located property, comprising approximately 45 keys, is set to cater to corporate and business travelers in a prominent IT hub. This move aligns with the company's asset-light expansion strategy in key metropolitan cities. The addition is expected to strengthen brand presence, enhance operating leverage, diversify its portfolio in the Southern market, and contribute meaningfully to consolidated business revenue and sustainable growth.