Praveg Ltd — Important, 29-12-2025: Company Update

Praveg Limited has signed a strategic inventory agreement with Mahindra Holidays & Resorts India Limited (MHRIL) for its upcoming Praveg Atoll in Lakshadweep - Thinnakkara. Under the three-year agreement, MHRIL will secure an inventory of 25 rooms on a floating basis at the property, which is expected to be operational shortly. This collaboration strengthens Praveg's market position and improves demand visibility in premium island hospitality. For MHRIL, it expands its portfolio into Lakshadweep, offering unique experiences to its members. Praveg will operate and manage the property.