Grand Continent Hotels Limited — Important, 17-10-2025: Disclosure of material issue

GCHOTELS is expanding its footprint! The company has signed a Memorandum of Understanding (MOU) to lease and operate a new hotel in Gurugram under its 'Grand Continent' brand. This strategic move aims to add a property with 38 rooms, a restaurant, banquet hall, lobby, kitchen, and gym to its portfolio. The MOU paves the way for a definitive 9-year lease agreement. This expansion could boost GCH's market presence and revenue potential in a new key location.