At meeting held on 04 October 2024
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 segment.
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First Published: Oct 04 2024 | 2:36 PM IST