The Indian Hotels Company (INDHOTEL) — Board Meeting

The Indian Hotels Company Limited board approved acquiring ~51% stake in Brij Hospitality Private Limited for ₹225 crores through subsidiaries ANK Hotels and Pride Hospitality. Brij operates 22 hotels (11 operational) under boutique leisure brands including Brij Anayra and BrijRama Palace, with FY2025 turnover of ₹62.31 crores. The acquisition, expected completion by March 31, 2026, supports IHCL's capital-light growth strategy in the boutique segment. The transaction involves a related party (seller shareholder related to Pride director) but is structured at arm's length.

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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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