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Tata Sons increases stake in Indian Hotels Company by 4.78%

28 Jun 2012 Evaluate

Tata Sons, the promoter of all key companies of the Tata Group has increased its stake by 4.78% in Indian Hotels Company. Tata Sons has acquired 4,80,00,000 shares in IHCL for a total sum of Rs 497.47 crore through preferential allotment on June 22 this year.

Accordingly, Tata Sons’ holding in IHCL has now increased to 24.36% from 19.58% earlier.

IHCL and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces. The Taj Hotels Resorts and Palaces currently has 93 hotels in 55 locations across India with an additional 16 international hotels in the Maldives, Malaysia, Australia, UK, USA, Bhutan, Sri Lanka, Africa and the Middle East.

The Indian Hotels Co Share Price

720.10 -5.05 (-0.70%)
25-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
The Indian Hotels Co 720.10
ITC Hotels 173.65
EIH 326.10
Chalet Hotels 818.65
Mahindra Holi.&Resor 240.00
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