The 0.53 per cent stake in Hotel Leelaventure's Mumbai property adds another feather to ITC's cap, providing it with a foothold in one of India's most sought-after luxury hotel markets.
ITC's stake in EIH is now 16.13%. ITC also increased its stake in HLV Ltd, owner of The Leela Mumbai, to 8.11%. This happened before ITC Hotels separated from the main ITC group on January 1 ...
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ITC acquires shares of The Oberoi, The Leela Mumbai operator ahead of Jan 2025 demerger dateFMCG major ITC has acquired 2.44% of the share capital (comprising 1,52,32,129 Equity Shares of Rs 2 each) of EIH Limited and ...
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ITC acquires 2.44% stake in EIH and 0.53% in Leela Mumbai for over ₹111 crore ahead of hotel demergerEIH owns and manages premium luxury hotels and cruisers under the ‘Oberoi’ and ‘Trident’ brands, while HLV Ltd owns and ...
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