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EIH Ltd — Capital/Financing Update 2026
Apr 2, 2026
60730_rns_2026-04-02_a5e1a762-c273-445d-b0ab-6bef987536a9.pdf
Capital/Financing Update
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02[nd] April 2026
| The National Stock Exchange of India Limited Exchange Plaza, 5thFloor Plot No..C/1, G Block Bandra Kurla Complex Bandra(E) Mumbai – 400 051. Code: EIHOTEL |
The BSE Limited Corporate Relationship Dept. 1stFloor,New Trading Ring Rotunda Building Phiroze Jeejeebhoy Towers Dalal Street,Fort Mumbai-400001 Code:500840 |
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Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir / Madam,
Pursuant to the provisions of Regulation 30 read with Schedule III of the Listing Regulations, this is to inform you that the Company has made an investment representing 26% of paid up capital of TP Varun Limited, a subsidiary of Tata Power Renewal Energy Limited pursuant to the requirement of the Electricity Act, 2003 and the Electricity Rules, 2005 which mandates the captive user(s) must hold at least 26% of the equity share capital in the Special Purpose Vehicle (SPV) that owns the power plant. The Company has entered into Power Delivery Agreement and Share Purchase Agreement with TP Varun Limited.
The details as required pursuant to Regulation 30 of the Listing Regulations read with Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 with respect to said acquisition is attached herewith as an Annexure.
We request you to take the said information on record.
Thanking you,
Yours faithfully
For EIH Limited
LALIT Digitally signed by KUMAR LALIT KUMAR SHARMA Date: 2026.04.02 SHARMA 14:59:28 +05'30' Lalit Kumar Sharma Company Secretary
CIN: L55101WB1949PLC017981 Corporate Office: 7, Sham Nath Marg, Delhi – 110 054, India/ Telephone: +91 - 11- 2389 0505 / Website:www.eihltd.com, Email: [email protected]
Registered Office : N-806-A, 8th Floor, Diamond Heritage Building, 16, Strand Road, Fairley Place, Kolkata - 700001
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Annexure
| S. No. |
Particulars | Details |
|---|---|---|
| 1 | Name of the target entity | TP Varun Limited |
| 2 | Whether the acquisition would fall within related party transaction(s) and whether the promoter / promoter group / group companies have any interest in the entity being acquired |
No |
| 3 | Industry to which the entity being acquired belongs |
Setting up ground mounted solar photovoltaic powerprojects |
| 4 | Objects and impact of acquisition | The Company acquired 26% capital due to requirement of the Electricity Act, 2003 and the Electricity Rules, 2005 which mandates the captive user(s) must hold at least 26% of the equity share capital in the Special Purpose Vehicle (SPV) that owns the power plant. Hence, the Company has entered into Power Delivery Agreement and Share Purchase Agreement with TP Varun Limited. The investment will enable the Company to procure dedicated renewable electricity supply for its hotel operations while achieving cost savings and supporting sustainability and ESG goals. |
| 5 | Brief details of any governmental or regulatory approvals required for the acquisition |
Not Applicable |
| 6 | Indicative time period for completion of the acquisition |
The acquisition has been completed on 01stApril 2026 |
| 7 | Consideration – whether cash consideration or share swap and details of the same |
The acquisition has been completed for cash consideration |
| 8 | Cost of acquisition or the price at which the shares are acquired |
₹2,66,63,950 |
| 9 | Percentage of shareholding / control acquired and / or number of shares acquired |
26% equity shareholding in TP Varun Limited |
| 10 | Brief background about the entity acquired |
TP Varun Limited was incorporated on July 20, 2023 as a Public Limited Companyfor settingup |
CIN: L55101WB1949PLC017981 Corporate Office: 7, Sham Nath Marg, Delhi – 110 054, India/ Telephone: +91 - 11- 2389 0505 / Website:www.eihltd.com, Email: [email protected]
Registered Office : N-806-A, 8th Floor, Diamond Heritage Building, 16, Strand Road, Fairley Place, Kolkata - 700001
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ground mounted solar photovoltaic power projects in India. The turnover is nil for the last two financial years.
CIN: L55101WB1949PLC017981 Corporate Office: 7, Sham Nath Marg, Delhi – 110 054, India/ Telephone: +91 - 11- 2389 0505 / Website:www.eihltd.com, Email: [email protected]
Registered Office : N-806-A, 8th Floor, Diamond Heritage Building, 16, Strand Road, Fairley Place, Kolkata - 700001