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Dhanada Corporation signs MoU with Scandsib Holdings

20 Jan 2022 Evaluate

Dhanada Corporation has executed and signed Memorandum of Understanding (MoU) with Scandsib Holdings, Cyprus so as to achieve certain common benefits for both the parties such as changes in the control and Board of the Company, dual listing of the Company on the Cyprus Stock Exchange, name change, infusion of capital, expansion/development of business, swap of promoters shareholding to some extend etc., subject to the compliance of all applicable laws, rules and regulations and consent, permission, approval of shareholders and concerned regulatory authorities in India and / or Europe. The MoU is initial document of certain terms and conditions agreed between the aforesaid parties.

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

Dhanada Corporation Share Price

2.30 0.00 (0.00%)
04-Mar-2024 16:59 View Price Chart
Peers
Company Name CMP
Indian Hotel 638.90
ITC Hotels 160.50
EIH 331.60
Chalet Hotels 788.65
Mahindra Holi.&Resor 267.25
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