Kothari Products has informed that the Company 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.
The above information is a part of company’s filings submitted to BSE.