Kothari Products has increased its stake from 25.5% to 50% in SPPL Hotels, an Associate Unlisted Company, having its Registered Office at 7, Chittaranjan Avenue, P.S.-Bowbazar, Kolkata, West Bengal. The aforesaid Company is engaged in the business of Running of Hotels.
Kothari Products is primarily engaged in international trading of various products and commodities which include coal, agro based commodities, steel, tiles and polyvinyl chloride (PVC). The company along with its subsidiaries and other promoter group entities is also engaged in real estate development and leasing.