Velan Hotels Ltd — Important, 02-11-2025: Company Update

Velan Hotels Limited has received a notice for adjudication from the Registrar of Companies, Tamilnadu. This notice concerns a 30-day delay in filing an e-Form related to the Annual General Meeting conducted in September 2022. The company intends to submit a timely and appropriate response to this procedural matter. Importantly, management has stated that they do not anticipate any material impact on the company's financial performance or ongoing operational activities, reassuring investors about the potential implications of this development.