Viceroy Hotels Ltd signed a loan agreement with its wholly owned subsidiary, SLN Terminus Hotels and Resorts Private Limited, on October 3, 2026, according to its BSE filing the same day. The agreement provides for an unsecured loan of Rs 38.45 crore to the subsidiary at an annual interest rate of 8.75%.

The company said the funding is intended to repay or prepay borrowings availed by SLN Terminus. The disclosed purpose covers repayment in full or in part of all or certain borrowings of the subsidiary, in accordance with the company’s Letter of Offer dated August 14, 2026.

The filing describes the proposed investment in SLN Terminus as an unsecured loan. It identifies debt repayment as the purpose of the agreement, without specifying which individual borrowings will be repaid or prepaid.

Loan terms and offer document

The annexure accompanying the exchange disclosure sets out the following terms and references:

  • Viceroy Hotels will invest Rs 38.45 crore in SLN Terminus by way of an unsecured loan.
  • The loan carries interest of 8.75% per annum, alongside other specific terms contained in the agreement.
  • The stated use follows the Letter of Offer dated August 14, 2026, which the filing says BSE and the National Stock Exchange approved on September 15, 2026.

The supplied disclosure does not state the loan’s tenure, repayment schedule or disbursement date. Signing the agreement therefore establishes the disclosed funding arrangement; the filing does not report completion of the underlying debt repayments.

Related-party transaction

Viceroy Hotels classified the arrangement as a related-party transaction and said it is being undertaken on an arm’s-length basis. SLN Terminus is wholly owned by Viceroy Hotels and is also identified as a stepdown subsidiary of promoter-group entity Loko Hospitality Private Limited.

The annexure marks share-issuance details as not applicable. Viceroy Hotels submitted the disclosure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, to both exchanges. The company trades under BSE scrip code 523796 and NSE symbol VHLTD.