ITC Hotels Limited (ITCHOTELS) — Related Party Transaction | 19 May 2026

· NSE 🟡 Notable Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings

ITC Hotels announced the acquisition of 100% of Zuri Hotels and Resorts Private Limited (ZHRPL) on 19 May 2026, making it a wholly owned subsidiary. The cash transaction values the enterprise at ₹205 crores, with consideration not exceeding ₹175 crores after adjustments. The target operates a luxury resort in Kerala and contributes approximately ₹21.9 crores in annual revenue. The filing confirms completion of the acquisition and regulatory compliance under SEBI norms.

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About ITC Hotels Limited (ITCHOTELS)

Consumer Services · Leisure Services · Listed on NSE

Market Cap: ₹32,386.12 Cr P/E: 40.0

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

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