Ongoing Residential Projects

Hospitality performance remains subdued All hotels are operational and are approaching break-even in operations Occupancy continues to be low in most of the hotels, averaging at 15% vis-a-vis 11% last quarter • Parent company continues to extend cash flow support to manage operations and debt commitments Continue to timely service all debt commitments post moratorium Witnessing better traction in F&B and banquet business GRAND MERCURE BRIGADE Actual shot at Grand Mercure, Mysore 16

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