Byke Hospitality to acquire 3 new properties on long term lease

The Byke Hospitality Ltd. | Hotel, Resort & Restaurants | Travel & Hospitality | BSE: 531373 | NSE: BYKE

30 May 2019 Evaluate

Byke Hospitality has received approval for acquisition 3 new properties on long term lease. The company will acquire hotel ‘The Byke Spice Heritage’ (25 Rooms) at Cochin, hotel ‘The Byke Mausam’ (33 Hooms) at Bhavnagar and Service Apartments ‘The Byke Studio Apartments’ (84 Apartments) at Thane in Mumbai.

The Board of Directors of the Company at its meeting held on May 29, 2019 has approved the same.

The Byke Hospitality is a fully bonded hospitality specialist dedicated to serve customers in the best possible way.

Peers

Company Name	CMP
The Indian Hotels Co	743.00
ITC Hotels	161.90
Mahindra Holi.&Resor	202.00
EIH	301.50
Chalet Hotels	886.35
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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