Praveg Ltd

The Company has received a Letter of Award (LoA) dated November 18 2025 from the Tourism Corporation of Gujarat Limited for the development of a resort at Dhordo Kutch Gujarat. The project involves the development of 46 rooms/keys (luxury tents) and 42 dormitories (total capacity of 252 beds) equivalent to 126 standard rooms thereby further expanding and strengthening the Companys hospitality presence at Dhordo. This award is in addition to the existing 30 Bhungas currently being operated by Praveg Limited at the location under a 5-year agreement. The project has been awarded with a concession period of 35 (thirty-five) years.Please find attached herewith a copy of the press release in this regard.