Viceroy Hotels Limited has secured a legal victory in the Supreme Court of India, putting an end to a long-standing dispute over a 14,000 sq. yard property in Hyderabad claimed by the Telangana State Wakf Board. The case, which had been contested for years, was finally dismissed by the Supreme Court on 3rd March 2025, upholding earlier rulings by the Telangana High Court that had favored Viceroy Hotels.

Background of the Dispute

The legal battle between Viceroy Hotels Limited and the Telangana State Wakf Board revolved around a prime piece of land located in Kavadiguda Village, Hyderabad. The Wakf Board had repeatedly asserted ownership rights over the property, which spans Ac.14,000 sq. yards (Ac. 2-97 Gts.) in Survey Nos. 181 & 182.

Despite these claims, multiple legal forums, including the Telangana High Court, ruled in favor of Viceroy Hotels Limited. In a landmark decision dated 25th April 2024, the High Court quashed the Wakf Board’s claim, confirming that Viceroy Hotels legally owned the property.

Supreme Court’s Verdict on the Wakf Board’s Appeal

Following the Telangana High Court’s ruling, the Wakf Board escalated the matter to the Supreme Court of India, filing a Special Leave Petition (SLP) with Diary Number 36130 of 2024. However, after a thorough review, the Supreme Court on 3rd March 2025 dismissed the Wakf Board’s petition, affirming that:

• Viceroy Hotels had legally acquired the property through insolvency proceedings.
• No interference was required with the Telangana High Court’s order, which had already ruled in favor of Viceroy Hotels.

The Supreme Court’s ruling officially ends the legal battle, ensuring full ownership and control of the property by Viceroy Hotels.

Impact of the Supreme Court Decision

With this final ruling, Viceroy Hotels Limited has successfully secured undisputed ownership of the property. The judgment also:

• Eliminates any legal uncertainties surrounding the company’s land ownership.
• Removes any potential financial or operational risks related to the disputed land.
• Strengthens investor confidence by ensuring a stable and legally secured asset base.

The Supreme Court’s verdict marks a significant legal milestone for Viceroy Hotels, ensuring that no further challenges can be raised by the Telangana Wakf Board regarding the ownership of this property.

Regulatory Disclosure and Compliance

Following the Supreme Court ruling, Viceroy Hotels Limited promptly disclosed the decision to the stock exchanges, in compliance with Regulation 30(13) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In an official regulatory filing, the company confirmed that:

• It received the Supreme Court order on 7th March 2025.
• The ruling conclusively dismissed the Telangana State Wakf Board’s claim.
• No further legal proceedings or financial implications are expected for the company.

Additionally, Form A was submitted to stock exchanges, affirming that the disclosure was true, complete, and in compliance with SEBI’s regulations.

What This Means for Viceroy Hotels and Its Stakeholders

With this legal dispute now resolved, Viceroy Hotels Limited can focus on its business operations without any legal uncertainties over its Hyderabad property. The company:

• Retains full ownership rights over the land, eliminating any future litigation risks.
• Strengthens its asset portfolio, ensuring long-term financial and operational stability.
• Boosts investor confidence, as the Supreme Court verdict secures the company’s real estate holdings.

Conclusion

The Supreme Court’s final ruling in favor of Viceroy Hotels Limited has officially ended the land dispute with the Telangana State Wakf Board. This decision not only upholds the company’s ownership rights but also reinforces legal clarity for its stakeholders and investors. As a result, Viceroy Hotels emerges stronger, with a legally secured asset and a stable business outlook moving forward.