Vikram Kamats Hospitality Ltd — Important, 29-05-2026: Company Update

Vikram Kamats Hospitality's Audit Committee has confirmed that funds raised from equity shares and warrants via private placements in September 2024 and September 2025 were used exactly as planned. The review found no deviations from the stated objectives or projected utilization of these funds. This indicates transparent deployment of investor capital and assures shareholders that the company is adhering to its financing plans. Consequently, no deviation statement for the period ending March 31, 2026, is required, reflecting sound financial management.