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Dhanada Corporation to sell its stake held in subsidiary companies

15 Nov 2017 Evaluate

Dhanada Corporation has received an approval to sell/ transfer the shareholding held by the Company in its non - material and non - operating subsidiary companies. The board of directors of the company at their meeting held on November 14, 2017, approved the same.

Dhanada Corporation is engaged in the hospitality business with a Five Star hotel in Aurangabad.

Peers
Company Name CMP
The Indian Hotels Co 890.00
ITC Hotels 173.65
Mahindra Holi.&Resor 199.70
EIH 316.60
Chalet Hotels 825.15
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