Notice of the 14th AGM to the Members of OYO

09 September 2025

Notice is hereby given that the 14th Annual General Meeting (AGM) of Oravel Stays Ltd. (OYO) will be held on Friday, September 26, 2025, at 5:30 PM (IST) through Video Conferencing (“VC”) or Other Audio-Visual Means (“OAVM”), to, inter alia, consider and transact the businesses set out below:

Ordinary Resolution

• To receive, consider, and adopt:
  • The audited standalone financial statements of the Company for FY25, along with the Auditors’ Report and the Board’s Report thereon;
  • The audited consolidated financial statements of the Company for FY25, together with the Auditors’ Report thereon.
    
• To consider the re-appointment of Mr. Aditya Ghosh (DIN: 01243445), Non-Executive Director, who retires by rotation and, being eligible, has offered himself for re-appointment.
  
• To appoint M/s. Walker Chandiok & Co LLP, Chartered Accountants (Firm Registration No. 001076N/N500013), as the Statutory Auditors of the Company and to authorize the Board of Directors to fix their remuneration.
  

Special Resolution

• To approve the issuance of fully paid-up bonus equity shares of face value Rs. 1/- each, in the ratio of 1:1 (i.e., one new equity share for every one existing equity share held), to the eligible shareholders whose names appear in the Register of Members/beneficial owners’ records of the Company as on Tuesday, September 30, 2025 (“Record Date”).
  
• To consider and approve the alteration and increase of the authorized share capital of the Company from Rs. 16,31,13,59,300/- to Rs. 24,31,13,59,300/-, consequent to the increase in the equity share capital of the Company.
  
• To approve and consider the increase in the Employee Stock Option (ESOP) Pool of the Company by granting an additional 8,80,00,000 stock options under the existing Employee Stock Option Plan-2018 (“ESOP Plan”) of the Company.
  

The remote e-voting facility shall commence on Monday, September 22, 2025 at 9:00 AM (IST) and remain open until Thursday, September 25, 2025 at 5:00 PM (IST).