Speciality Restaurants Limited has announced that its wholly-owned subsidiary, Speciality Hotels India Private Limited (SHIPL), has ceased to be a wholly-owned subsidiary. This change occurred on January 15, 2026, following a preferential allotment of 2,385 equity shares. These shares, with a face value of ₹100 each, were allotted at an issue price of ₹838.57 per share, aggregating to a total consideration of ₹20,00,000 (Rupees Twenty Lakhs Only) to Esensos Services and Solutions LLP.

Following this allotment, the Company's post-allotment shareholding in SHIPL stands at 98.28% of the total paid-up capital. The audited financial statements as of March 31, 2025, indicate that SHIPL had an income of Nil and a net worth of (₹10,146). The transaction is considered a related party transaction but has been conducted at arm's length. The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.