Indian Hotels Company Ltd

🏨 IHCL Expands Portfolio with Majority Stake in Brij Hospital Pvt Ltd — ₹222 Crore Investment

• IHCL completed acquisition of 51% share capital in Brij Hospital Private Limited

• Total investment: ₹222 crores

• Acquisition includes purchase from existing shareholders and primary investment

• Investment made through Compulsorily Convertible Preference Shares and partly paid-up equity shares

• Brij Hospital Private Limited becomes a subsidiary of IHCL

• Acquisition involves IHCL's step-down subsidiaries ANK Hotels Private Limited and Pride Hospitality Private Limited