Vikram Kamats Hospitality Ltd — Important, 28-04-2026: Company Update

Vikram Kamats Hospitality's material subsidiary, Vitizen Hotels Limited, is ceasing operations of its 'Vits' brand hotel at Manayata Tech Park, Bengaluru. This strategic decision was made due to operational and commercial factors, notably a gas crisis acting as a force majeure event. Management indicates that this hotel closure is not expected to materially impact the overall business of Vikram Kamats Hospitality or Vitizen Hotels Limited, aiming to reassure investors about its limited financial effect.