Velan Hotels Ltd — Important, 15-04-2026: Company Update

Velan Hotels has confirmed the proper handling of dematerialized securities for the quarter ended March 31. The company, through its Registrar and Transfer Agent, verified that shares received for dematerialization were correctly processed, including mutilation, cancellation, and updating depository records as registered owners within the specified timeframe. This ensures accurate ownership records and confirms that these dematerialized shares are listed on the same stock exchanges as existing shares, upholding efficient share management for investors.