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ELEL HOTELS AND INVESTMENT
IHCL acquires shares in subsidiary for over Rs 100 crIndian Hotels Company Limited (IHCL) has invested over Rs 100 crore to acquire more than 2 lakh shares of its subsidiary, ELEL Hotels and I...- IHCL acquires over 3.3 lakh shares in wholly-owned arm for over Rs 165 crIndian Hotels Company Ltd has invested over Rs 165 crore to acquire 3.3 lakh equity shares in its wholly-owned subsidiary, ELEL Hotel and I...
- Indian Hotels Q1 results: Posts loss of Rs 313 crore; revenue drops 86% YoYThe hospitality chain posted revenue from operations of Rs 144 crore for the quarter under review compared to revenue from operations of Rs...
- Stocks in the news: L&T, Bajaj Auto, HUL, Axis Bank, BEML, IRB Infra and Bajaj FinservTTK Prestige, Rallis India and Heidelberg Cement are among companies which will announce June quarter results on Wednesday.
- IHCL inks pact to acquire balance 14.28% stake in ELELThe deal will make the company hundred per cent leasehold owner of the Sea Rock hotel site in Mumbai by the end of December, 2021.
- Indian Hotels Company announces 100% acquisition of Sea Rock hotel siteIn November, 2019 IHCL's board of directors had approved the terms for the settlement to acquire the 14.28% shareholding. The payment will ...
- IHCL to connect Taj Lands End and Sea Rock Hotel with bridgeThe bridge, which is intended as an exclusive skywalk for clients, will cover a distance of less than 2 km and stretch over the Arabian Sea.
- Indian Hotels gets shareholders nod to lend Rs 700 crore to armIndian Hotels has received shareholders' nod for lending Rs 700 crore to its subsidiary Lands End Properties Pvt Ltd.
- Indian Hotels Company seeks shareholders approval to lend Rs 700 crore to subsidiaryThe loan will be used to repay the non-convertible debentures(NCDs) worth Rs 693 crore, issued by LEPPL in February 2013.
- Indian Hotels board clears 80.1% stake acquisition in LEPPLPursuant to the foregoing, ELEL Hotels & Investments Ltd, the licensee of the erstwhile hotel Sea Rock site, will become a subsidiary of th...
- Hotel Sea Rock's saga: Sapped the Luthria family that owned itHotel Sea Rock's saga has sapped the family that owned it but, at last, the chapter seems to be well and truly over.
- Not conspired with Maha CM for Sea Rock renovation: IHLIndian Hotels denied allegations of connivance with former Maharashtra CM in procuring sanctions for reconstruction of Hotel Sea Rock in su...
- Indian Hotels shifts its investment in ELEL to a SPVTata group company Indian Hotels, which owns the Taj chain said that it has shifted its investment in ELEL, into an SPV.
- Indian Hotels gets majority stake in Sea Rock ownerIndian Hotels Company (IHCL) will acquire a controlling stake in closely-held Elel Hotels and Investments for Rs 680 crore.
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