ImportantSale or disposal
IHCL divested its entire 25.52% stake (1.6 Cr shares) in Taj GVK Hotels & Resorts for ₹592.01 Cr at ₹370/share.
The Indian Hotels Company LimitedINDHOTEL · Filed with the exchange
This sale terminates their joint venture and trademark agreement.
IHCL will continue managing the existing hotels, ensuring ongoing management fee income.
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