Advent Hotels International Ltd

Advent Hotels Seeks Shareholder Approval for ₹740 Crore Subsidiary Support 🏨📊

• Total proposed transaction amount: ₹740 Crores

• ₹550 Crores for Goan Hotels and Realty Pvt Ltd

• ₹190 Crores for BD&P Hotels (India) Pvt Ltd

• Involves corporate guarantees and share pledging for subsidiaries

• Subsidiaries to issue secured non-convertible debentures (NCDs)

• Proceeds will refinance existing debts including JC Flowers ARC exposure

• Security includes mortgage on 27 acres of land for Grand Hyatt Goa

• Audit Committee and Board approved on February 4, 2026

• No defaults or insolvency issues reported in last three financial years

• Remote e-voting period: Feb 14 - Mar 15, 2026