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HBG Hotels Limited (formerly known as Phoenix Township Limited) convened a Board of Directors meeting on May 8, 2026.
HBG Hotels Limited approved interim dividends for FY 2025-26, with a record date of May 15, 2026.
KEY POINTS
- The Board forfeited 4,45,000 unconverted warrants, including Rs. 22+ crore subscription amounts from specific allottees.
- Palolem Resorts LLP, a subsidiary, signed a long-term Taj Group management deal for a Goa property.
- HBG Hotels entered agreements with Marriott for a new hotel project in Kulathoor, Thiruvananthapuram, Kerala.
- Board approved initiating listing on the National Stock Exchange, pending NSE's approval.
COMPANIES
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