MoneyWorks4Me

Sayaji Hotels gets nod to sell 63.10 lakh shares of Barbeque-Nation Hospitality

21 Mar 2016 Evaluate

Sayaji Hotels has received an approval to sell 63,10,558 equity shares of Barbeque-Nation Hospitality held by Sayaji Hotels to Sayaji Housekeeping Services (a wholly owned subsidiary of the company) at carrying value per share. The board of directors at its meeting held on March 19, 2016 has approved for the same.

Sayaji Hotels is an India-based company engaged in the hotel business. It has operations In Indore, Bhopal, Pune, Vadodara and Kolhapur.


Peers
Company Name CMP
The Indian Hotels Co 726.00
ITC Hotels 162.05
Mahindra Holi.&Resor 200.20
EIH 294.90
Chalet Hotels 880.80
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