ITC Hotels Ltd

ITC Hotels acquires Welcomhotel Ahmedabad for ₹155 crores 🏨

- Acquired 100% of GHK Hospitality & Infrastructures Ltd (effective 1st Sept 2026)

- Enterprise value: ₹155 crores on cash-free, debt-free basis

- Owns Welcomhotel Ahmedabad with 130 keys

- Turnover: 2025-26 ₹35.16 crores, 2024-25 ₹31.23 crores, 2023-24 ₹25.62 crores

- Expands owned asset portfolio in Ahmedabad