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Indian Hotels Company informs about board meeting

17 Oct 2015 Evaluate

Indian Hotels Company has informed that a meeting of the Board of Directors of the Company will be held on October 19, 2015, to consider and if thought fit, approve the amalgamation of the Company with Lands End Properties Private Limited (‘LEPPL’), a wholly owned subsidiary, by way of a scheme of arrangement between the Company, LEPPL and their respective shareholders and creditors under the provisions of Sections 391-394 of the Companies Act, 1956, read with Section 52 of the Companies Act, 2013, Section 78 and Sections 100 to 103 of the Companies Act, 1956; and consider and if thought fit, approve the amalgamation of the Company with International Hotel Management Services LLC (‘IHMS’), a wholly owned subsidiary incorporated in the State of Delaware, United States of America, by way of a scheme of arrangement between the Company, IHMS and their respective shareholders and creditors under the provisions of Sections 391-394 of the Companies Act, 1956, read with Section 52 of the Companies Act, 2013, Section 78 and Sections 100 to 103 of the Companies Act, 1956.

The above information is a part of company’s filings submitted to BSE.

Indian Hotel Share Price

659.55 6.25 (0.96%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Indian Hotel 659.55
ITC Hotels 162.45
EIH 321.55
Chalet Hotels 778.90
Mahindra Holi.&Resor 272.70
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