Indian Hotels Board Approves Amalgamation of Oriental Hotels with 25:117 Share Swap Ratio
The Indian Hotels Company Limited board has approved a Scheme of Arrangement to amalgamate its associate company, Oriental Hotels Limited, into itself. The move aims to consolidate the hospitality portfolio, unlock operational synergies, and simplify the group's corporate structure.
Oriental Hotels Ltd Board Approves Amalgamation with Indian Hotels Company Limited
Oriental Hotels Limited has announced a board-approved scheme of amalgamation with its promoter entity, The Indian Hotels Company Limited. The transaction involves a share-swap arrangement aimed at consolidating hospitality assets and leveraging the operational synergies of the larger Taj group network.
Promoter Zuber Yusuf Dhanani Acquires 4.92% Stake in Sayaji Hotels (Pune) Limited
Zuber Yusuf Dhanani, a promoter of Sayaji Hotels (Pune) Ltd, has acquired a 4.92% stake in the company through an open market transaction. The acquisition of 1,50,101 shares marks a notable increase in promoter-linked ownership for the hospitality firm.
Juniper Hotels to Invest ₹850 Crore to Develop 550-Key Luxury Hotel in Dwarka, Delhi
Juniper Hotels has signed a license deed with the Delhi Development Authority to develop a premier 550-key luxury hotel in Dwarka Sector 23. This ₹850 crore greenfield project is a central pillar of the company's strategy to double its room inventory and EBITDA by FY2030-31.
Juniper Hotels Signs DDA License Deed for ₹16.11 Crore 5-Star Luxury Hotel in Dwarka
Juniper Hotels Limited's wholly-owned subsidiary, Juniper Hospitality Assets Private Limited, has officially executed a License Deed with the Delhi Development Authority to develop a luxury hotel. The project is situated on a 2.524-acre land parcel in Sector 23, Dwarka, positioned to serve the growing commercial and transit hub of New Delhi.
Viceroy Hotels Board Approves ₹107 Crore Rights Issue for Strategic Funding
The Board of Directors of Viceroy Hotels Ltd has approved a proposal to raise capital up to ₹107 crore through a rights issue of equity shares. This fund-raising initiative is intended for existing shareholders and involves the formation of a dedicated committee to oversee the issuance process.
Taj GVK to Launch 256-Key Taj Yelahanka in Bengaluru by September 2026
Taj GVK Hotels & Resorts is expanding its luxury footprint with the upcoming 256-key Taj Yelahanka in North Bengaluru. This strategic move aims to capture high demand from corporate travel and the MICE segment in one of India's fastest-growing hospitality markets.
Samhi Hotels Beats Revenue Guidance with 12.3% FY26 Growth and ₹2,200 Cr Capex Plan
Samhi Hotels outperformed its annual revenue guidance, reaching ₹1,279 crore in FY26 despite significant geopolitical disruptions. The company is now entering a phase of free cash flow compounding, supported by a massive ₹2,200 crore development pipeline and strategic global partnerships.
Samhi Hotels Reports 12.3% Income Growth in FY26; Targets 60% Upscale Revenue Share
Samhi Hotels delivered a resilient performance in FY26, reporting a 12.3% increase in total income and significant progress in its deleveraging strategy. The company is actively pivoting its portfolio toward the high-margin upscale segment while integrating the RARE India acquisition to capture the growing experiential leisure market.