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Mac Charles to discontinue hotel operations in Bangalore

27 Aug 2019 Evaluate

Mac Charles (India) has received approval to discontinue the hotel operations in Bangalore subject to obtaining all requisite approvals. The Board of Directors of the Company at its meeting held on August 26, 2019 has approved the same.

Mac Charles (India) is engaged in the hospitality business with business integrated into the five-star hotel Le Meridien Bangalore.

Peers
Company Name CMP
The Indian Hotels Co 890.00
ITC Hotels 176.85
Mahindra Holi.&Resor 197.50
EIH 308.95
Chalet Hotels 813.00
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