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SHRI RAM MULTICOM
Indian Hotels, ITC, EIH, others in race for Pune's Crowne PlazaIndian Hotels, ITC Hotels, and EIH are among many companies interested in buying Crowne Plaza in Pune. The hotel is being sold through a ba...- Indian Hotels, EIH, ITC join race for JW Marriott BengaluruAs many as 40 companies, mostly from the hospitality and real estate sectors, have submitted expressions of interest in a sale process over...
- NCLT okays Leo Meridian Infrastructure Projects’ acquisition by Jalavihar Entertainment ConsortiumThe Hyderabad bench of NCLT approved JEPL's acquisition of Leo Meridian Infrastructure Projects & Hotels Ltd, which owns Leonia Resorts, fo...
- NCLT rejects resolution plan for Cambay Hotels operator“The resolution plan approved by CoC (committee of creditors) has not been done with a process that can be approved by this adjudicating au...
- Shri Ram Multicom to acquire Sarga Hotels under IBCThe Kolkata bench of the National Company Law Tribunal approved a Rs 301 crore resolution plan against Rs 816 crore admitted claims from cr...
- Rare-Naman gets the vote for Rajesh Lifespaces' hotel unitThe Rare-Naman Group consortium had offered ₹461 crore upfront in cash with another ₹31 crore in equity, making it the preferred bidder for...
- Rare-Naman leads race for Rajesh Lifespaces' hotel armThe consortium's offer of ₹461 crore upfront with another ₹31 crore in equity in the company is likely to be declared as the top bid by ban...
- Three bidders in close fight for Rajesh LifeSpaces’ hotel businessThe three bidders have offered different plans which will now be evaluated by Resurgent Resolution Professionals, the valuer appointed by b...
- Lenders fix base auction price of ₹305 crore for Rajesh LifeSpaces' hotel businessBidders will have to increase their bids by ₹10 crore in each round with the lowest bids getting eliminated, people familiar with the proce...
- Sankalp top bidder for stressed hotel unit of Rajesh LifespacesBanks received six bids with resolution plans ranging from ₹145 crore to ₹250 crore in the initial round of bidding conducted last month. S...
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