Advent Hotels promoter Sanjana Goenka releases pledge on 21,70,000 shares in August 2026
Advent Hotels' promoter Sanjana Goenka released a pledge over 2.17 million shares after full repayment of an HDFC-linked facility, improving promoter stake quality by removing encumbrances. Promoter group ownership remains unchanged at 24.31% with disclosed entities now unencumbered. Consolidated profit rose 83% YoY with largely flat operating revenue, while standalone earnings were boosted by a one-time internal asset transfer gain.
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Advent Hotels International Ltd promoter-group member Sanjana Goenka released a pledge on 21,70,000 equity shares in two tranches in August 2026 after the connected entity fully repaid an HDFC loan. Following the release, all disclosed promoter entities’ holdings are free of encumbrance, while the promoter group’s stake remains 1,31,06,183 shares, or 24.31% of total share capital. The company also reported consolidated net profit attributable to equity owners rising 83% year on year to ₹617.39 lakh, with revenue from operations largely flat at ₹8,051.62 lakh versus ₹8,044.53 lakh.