Velan Hotels Ltd — Important, 12-01-2026: Company Update

Velan Hotels has affirmed the proper processing of shares for the quarter ended December 31, 2025, ensuring compliance with market norms. The company confirmed that securities received for dematerialization were verified, mutilated, and cancelled, with the depository's name updated in records as the registered owner within the required timeframe. Furthermore, all these dematerialized securities are duly listed on the stock exchanges. This update assures investors of robust share registry management and facilitates smooth electronic share transactions.