The Indian Hotels Company (INDHOTEL) — Board Meeting

Indian Hotels Company Limited's board approved disinvestment of 1.60 crore equity shares (25.52%) in Taj GVK Hotels & Resorts Limited to Ms. Shalini Bhupal at ₹370 per share. IHCL will continue managing TajGVK hotels under existing operating agreements. The transaction is expected to complete within 4 trading days. In FY24-25, TajGVK contributed ₹29.09 crores to IHCL's JV profit and ₹25.32 crores in management fees (0.30% of revenue).

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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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