Ventive Hospitality Announces Q2 and H1 FY2027 Unaudited Results and Rs. 200 Crore Loan Support for Subsidiary
Board approves issuing Letter of Comfort to ICICI Bank for KBJ Hotel & Restaurants Private Limited’s Rupee Term Loan facility
Ventive Hospitality Limited announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, along with the board's approval to issue a Letter of Comfort to ICICI Bank for a Rs. 200 crore loan facility for its wholly owned subsidiary, KBJ Hotel & Restaurants Private Limited.
Ventive Hospitality Limited
Financial Results
Ventive Hospitality Limited released its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, and approved a Letter of Comfort to ICICI Bank for a Rs. 200 crore loan facility for its wholly owned subsidiary KBJ Hotel & Restaurants Private Limited.
The board reviewed and approved the financial results, which have also been subjected to a limited review by the company’s statutory auditors.
Previously approved support for a Rs. 200 crore loan from HSBC Bank for KBJ Hotel & Restaurants Private Limited will no longer be pursued, with that approval rescinded.
Instead, the board approved issuing a Letter of Comfort to ICICI Bank in relation to a proposed Rs. 200 crore Rupee Term Loan facility to be availed by KBJ Hotel & Restaurants Private Limited, a wholly owned subsidiary of Ventive Hospitality.
The board meeting started at 5:30 PM IST and concluded at 6:42 PM IST on November 2, 2026.
The company’s subsidiaries and joint ventures include entities such as Panchshil Corporate Park Pvt Ltd and Junobo Hotels Pvt Ltd, among others, whose financial results have been considered in the consolidated statements.
Highlights
- Unaudited standalone and consolidated results approved for quarter and half year ended September 30, 2026.
- Earlier plan for HSBC Bank loan support rescinded.
- New Letter of Comfort approved for Rs. 200 crore loan facility with ICICI Bank for KBJ Hotel & Restaurants Pvt Ltd.
- Board meeting duration: 5:30 PM to 6:42 PM IST on November 2, 2026.
- Results reviewed by statutory auditors and other auditors for subsidiaries and joint ventures.
Key Data Snapshot
What happened
- Ventive Hospitality approved its unaudited standalone and consolidated financial results for Q2 and H1 FY2027 ending September 30, 2026.
- The board approved issuing a Letter of Comfort for a Rs. 200 crore Rupee Term Loan facility to ICICI Bank for its wholly owned subsidiary KBJ Hotel & Restaurants Private Limited.
- The prior approval for a shortfall undertaking for a similar loan facility from HSBC Bank has been rescinded.
Key details
- The loan facility supported by the Letter of Comfort is intended for KBJ Hotel & Restaurants Private Limited, a wholly owned subsidiary of Ventive Hospitality.
- Financial results and limited review reports have been filed as per SEBI regulations.
- The board meeting was held on November 2, 2026 and lasted 1 hour and 12 minutes.
Regulatory and governance context
- The announcement complies with Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- Results were reviewed by the company’s statutory auditors and include consolidated and standalone subsidiaries and joint ventures as detailed in the filing.
Highlights
- Unaudited standalone and consolidated results approved for quarter and half year ended September 30, 2026.
- Earlier plan for HSBC Bank loan support rescinded.
- New Letter of Comfort approved for Rs. 200 crore loan facility with ICICI Bank for KBJ Hotel & Restaurants Pvt Ltd.
- Board meeting duration: 5:30 PM to 6:42 PM IST on November 2, 2026.
- Results reviewed by statutory auditors and other auditors for subsidiaries and joint ventures.
Disclosures
- Regulation 30 and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
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