Oberoi Realty shares jump 3% after consortium wins Rs 919 crore resolution plan for Hotel Horizon in Mumbai

Oberoi Realty shares jumped 2.7% to their day’s high of Rs 1,853.85 on the BSE on Tuesday after the company announced that the Committee of Creditors (CoC) of Hotel Horizon Private Limited (HHPL) has approved a resolution plan submitted by a consortium comprising Oberoi Realty, Shree Naman Developers, and JM Financial Properties and Holdings.

The approval was granted on July 14, 2025, and the Resolution Professional has issued a Letter of Intent (LOI), confirming the consortium as the successful resolution applicant.

The approved resolution plan involves a payment of Rs 919 crore, along with any additional statutory dues, for full and final settlement of outstanding claims and Corporate Insolvency Resolution Process (CIRP) costs. The payment is to be completed within 45 days of approval by the National Company Law Tribunal (NCLT), Mumbai Bench.


Hotel Horizon Private Limited owns a prime 7,500 square metre land parcel in Mumbai’s Juhu area, overlooking the Arabian Sea. The acquisition is aligned with Oberoi Realty’s core strategy and will be executed either directly by the consortium or through a special purpose vehicle (SPV) to be formed.

As part of the resolution plan, the consortium or SPV will subscribe to Rs 1 crore worth of fresh equity shares, thereby acquiring 100% ownership and control of HHPL, subject to regulatory and NCLT approvals.

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Oberoi Realty shares target price

As per Trendlyne data, the average target price of the stock is Rs 1,906, which indicates an upside of 6% from the current market prices. The consensus recommendation from 24 analysts for the stock is a 'Buy'.

Oberoi Realty shares performance

Oberoi Realty shares are down 21% year-to-date but have gained 70% over the past two years. The company currently has a market capitalization of Rs 65,613 crore.

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