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Velan Hotels planning to accept One-Time Settlement offer by RARE ARC

19 Mar 2019 Evaluate

Velan Hotels is planning to accept One-Time Settlement offer by RARE Asset Reconstruction Company (ARC). The Board of Directors of the Company at its meeting to be held on March 25, 2019 to consider the same.

Velan Hotels is engaged in the hotel and other tourism related services. Currently, operating hotels of the company include Hotal Greenfield Tirupur,Velan hotal Coonoor and Uthra Restaurant Tirupur.

Peers
Company Name CMP
The Indian Hotels Co 872.00
ITC Hotels 173.30
Mahindra Holi.&Resor 199.05
EIH 311.30
Chalet Hotels 803.85
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