India’s SAMHI Hotels bolsters Bengaluru footprint - Yahoo Finance
WEB1 day ago · Mon, Oct 7, 2024, 5:13 AM 2 min read. Indian hotel ownership and asset management platform SAMHI Hotels has finalised the acquisition of Innmar Tourism and Hotels, expanding its footprint in the ...
SAMHI Hotels boosts presence in Bengaluru with Whitefield Hotel ...
WEB6 hours ago · SAMHI Hotels is pleased to announce the completion of execution of the Share Purchase Agreement (SPA) for the acquisition of Innmar Tourism and Hotels (ITHPL). The acquisition includes an operating hotel featuring 142 rooms in Whitefield, Bengaluru, one of India’s key commercial markets.
Samhi Hotels secures board’s nod for Innmar Tourism and Hotels ...
WEB4 days ago · Shares of Samhi Hotels gained over 31% in a year on the BSE. The stock has given Year-To-Date (YTD) returns of over 14%. In six months, the stock has declined over 4% and in a month the stock has traded lower by nearly 3%. Shares of Samhi Hotels traded flat at ₹195.25 apiece on the BSE, down by 0.69% at 12:45 pm on October 4.
SAMHI Hotels acquires Innmar Tourism and Hotels private Ltd
WEB3 days ago · Branded hotel ownership and asset management platform SAMHI announced the completion of execution of the Share Purchase Agreement (“SPA”) for the acquisition of Innmar Tourism and Hotels Private Limited (“ITHPL”). The company said this acquisition includes an operating hotel featuring 142 rooms in Whitefield, Bengaluru.There is further expansion opportunity to add a second hotel with ...
SAMHI Hotels: To acquire Bangalore Property for ₹205 cr
WEB4 days ago · SAMHI Hotels Limited announced today its plan to acquire 100% of Innmar Tourism and Hotels Private Limited for an enterprise value of approximately ₹205 crore SENSEX 81,688.45 -808.65
Samhi Hotels approves acquisition of 100% ... - The Financial …
WEB4 days ago · This followed the company’s core strength and proven experience of acquisition and turn-around of hotel assets. On September 22, Samhi Hotels shares listed at a 7 per cent premium over the IPO ...
Samhi Hotels Board Approves Innmar Tourism And Hotels …
WEB4 days ago · Samhi Hotels Ltd. said on Friday its board has approved the acquisition of Innmar Tourism and Hotels Pvt., a Bengaluru-based hotel operator, for Rs 205 crore. The company will use its funds to buy 100% share capital of Inmar Tourism, according to an exchange filing. A total of 84,37,500 shares with a face value of Rs 10 each would be acquired as part of the transaction.
Samhi Hotels Acquires Innmar Tourism for Rs 205 Crore
WEB4 days ago · The acquisition is in line with Samhi's growth strategy. New Delhi, Oct 4 (PTI) Samhi Hotels Ltd on Friday said it will acquire Innmar Tourism and Hotels Pvt Ltd at an enterprise value of Rs 205 crore. The board of directors, at its meeting held on October 4, considered and approved acquiring 100 per cent share capital of Innmar Tourism and ...
SAMHI Hotels acquires Innmar Tourism and Hotels for ₹205 crore
WEB4 days ago · News desk at BusinessUpturn.com. SAMHI Hotels Limited has announced its acquisition of Innmar Tourism and Hotels Private Limited, a significant move in the company’s growth strategy. The deal, valued at ₹205 crore (₹20,500 lakh), involves the purchase of 84.37 lakh equity shares of Innmar, constituting 100% of its share capital.
Board of Samhi Hotels approves acquisition of Innmar Tourism and Hotels …
WEB4 days ago · The Board of Samhi Hotels at its meeting held on 04 October 2024 has approved the acquisition of Innmar Tourism and Hotels for a consideration of Rs 205 crore (enterprise value). The target owns an operating hotel with 142 rooms in Whitefield, Bangalore along with surplus land for development of an additional 200-220 rooms in the upper upscale ...