Board MeetingOutcome of Board Meeting

Advent Hotels has announced a board meeting to approve the sale of its subsidiary, Bamboo Hotel, to Valor Estate.

Advent Hotels International LimitedADVENTHTL · Filed with the exchange

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.

Read the original filing(PDF)

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