Gujarat Hotels Ltd. — Earnings Release 2021

Jul 14, 2020

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The General Manager Dept. of Corporate Services BSE Limited 1st Floor, New Trading Ring Rotunda Building, P.J. Towers, Dalal Street, Fort Mumbai – 400 001

14th July, 2020

Dear Sirs,

Unaudited Financial Results for the First Quarter ended 30th June, 2020 and

Other matters

Further to our letter dated 6th July, 2020, we enclose, in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the following, as approved by the Board of Directors of the Company ('the Board') at the meeting held today i.e. 14th July, 2020:-

• i. Unaudited Financial Results of the Company for the first Quarter ended 30th June, 2020;

• ii. Limited Review Reports from the Statutory Auditors, M/s K C Mehta & Co., Chartered Accountants, on the aforesaid Unaudited Financial Results.

The Board at the said meeting also approved:-

• i. to convene the 38th Annual General Meeting of the Company through Video Conferencing/ Other Audio- Visual Means on Friday, 18th September, 2020.

• ii. that the dividend of ₹ 2.50 per equity share of ₹ 10/- each, recommended by the Board in the meeting held on 6th June 2020, subject to declaration of the same by the Members at the 38th Annual General Meeting (AGM) of the Company, if

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declared, will be paid on Thursday, 24th September, 2020 to those Members entitled thereto.

• iii. closure of the Register of Members of the Company from Thursday, 10th September, 2020 to Friday, 18th September, 2020 for the purpose of payment of dividend.

The meeting commenced at 7.00 p.m. and concluded at 8.45 p.m.

Due to prevailing circumstances, this is being filled under Sd/-

Thanking you,

Yours truly,

For Gujarat Hotels Limited

Sd/Parinita Bhutani Company Secretary Encl: A/a.

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