JUNIPER HOTELS LIMITED

Juniper Hotels Limited was incorporated as 'Seajuli Finance Private Limited' on September 16, 1985, as a Private Limited Company granted by the Registrar of Companies, West Bengal at Kolkata. Thereafter, through the resolutions passed by the Board and Shareholders of the Company in 1995, the name of Company was changed from 'Seajuli Property & Viniyog Private Limited' to 'Juniper Hotels Private Limited' vide fresh Certificate of Incorporation on December 23, 2003. Further, on conversion of the Company from a Private Company to a Public Company, the name as a result, changed to 'Juniper Hotels Limited', and a fresh Certificate of Incorporation dated August 28, 2023 was issued by the RoC. Juniper Hotels are a luxury hotel development and ownership company, and are the largest owner, by number of keys of 'Hyatt' affiliated hotels in India. Their growing portfolio now includes eight prestigious properties by the end of FY2025, reflecting the strategic expansion and market presence. With a total of 2,130 keys, including 1,885 hotel rooms and 245 serviced apartments, the Hotel offer a wide range of luxurious accommodations. These hotels and serviced apartments are present across the luxury, upper upscale and upscale category of hotels and are established landmarks in Mumbai, Delhi, Ahmedabad, Lucknow, Raipur and Hampi. Besides Grand Hyatt Mumbai Hotel and Residences being the largest hotel in India, the Hyatt Regency Lucknow and Hyatt Regency Ahmedabad are the largest upper upscale hotels in their respective markets and Hyatt Raipur is the only upper upscale hotel in Raipur. These hotels and serviced apartments are classified under 3 distinct segments: (a) luxury - the Grand Hyatt Mumbai Hotel and Residences and Andaz Delhi; (b) upper upscale - the Hyatt Delhi Residences, Hyatt Regency Ahmedabad, Hyatt Regency Lucknow and Hyatt Raipur; and (c) upscale - Hyatt Place Hampi. In 2004, the Company had joined operations at Grand Hyatt Mumbai Hotel and Residences; started operations at Hyatt Place Hampi by CHHPL in 2012, operations at Hyatt Raipur by CHPL in 2014; started Hyatt Regency operations in Ahmedabad in 2015; started operations at Andaz Delhi in 2016, Hyatt Regency Lucknow operations in 2017 and finally, Hyatt Delhi Residences operations in 2018. Later, the Company in Sep' 23 acquired 100% shareholding of Chartered Hotels Private Limited and became a wholly-owned subsidiary of the Company effective September 20, 2023. The addition of 59 new rooms at Hyatt Regency Ahmedabad became operational in October 2023. The Company raised funds from public through IPO by issuing 50,000,000 fresh issue of equity shares of Rs 10 each aggregating to Rs 1800 Crore in February, 2024. In FY 2025, Company acquired a strategically located, large-scale brownfield hotel asset near Bengaluru International Airport, by adding 235 keys. It acquired 100% equity in Jenipro Hotels Private Limited in March 2025, marking the entry into Northeast market. A comprehensive room refurbishment was completed, including a brand-new Grand Club Lounge, enhancing guest experience and driving higher RevPAR. 'The Grand Showroom,' launched at Grand Hyatt Mumbai in FY25.