The Indian Hotels Company (INDHOTEL) — Announcement

The Indian Hotels Company Limited announced it has completed the acquisition of 55% of Rajscape Hotels Private Limited for approximately ₹17.66 crores, acquiring 7,989 shares at ₹22,100 each. This adds a boutique luxury hospitality brand with 16 properties to its portfolio, expanding its presence in experiential stays across India. The transaction marks a strategic entry into offbeat destinations and supports an asset-light growth strategy.

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About The Indian Hotels Company Limited (INDHOTEL)

Consumer Services · Leisure Services · Listed on NSE

Market Cap: ₹93,412.74 Cr P/E: 51.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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