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Advent Hotels Board announced leadership changes & a major capital boost. Rahul Pandit steps down as MD/CEO on Nov 1, with Himmat Singh Sandhu taking over. Board approved increasing authorized capital from ₹75.20 Cr to ₹160 Cr, awaiting shareholder nod at the Sep 29 AGM.
Advent Hotels International board meeting on August 6, 2026, approved the Q1 FY27 consolidated financial results. The company saw revenue from operations at ₹805.16 Cr, with a net profit of ₹6.74 Cr for the quarter.
Advent Hotels International Limited has announced a board meeting on May 19, 2026. The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Risk Management Committee has been dissolved.
Advent Hotels International's board will seek shareholder approval for a material related party transaction. This involves selling shares and assigning loans of Bamboo Hotel & Global Centre (Delhi) Private Limited to Valor Estate Limited for approximately ₹1655.59 Cr.
Advent Hotels has announced a board meeting to approve the sale of its subsidiary, Bamboo Hotel, to Valor Estate. The deal involves shares and loan assignment, aggregating approximately ₹1655.59 crore. This transaction is with a related party and has been valued at arm's length.