MoneyWorks4Me

Royal Orchid Hotels sells entire stake in River Shore Developers

18 Feb 2022 Evaluate

Royal Orchid Hotels has sold 100% stake in River Shore Developers (RSDPL), a wholly owned subsidiary, to Vascon Engineers and R Vasudevan (HUF).Hence, RSDPL ceases to be a subsidiary of ROHL.

Royal Orchid Hotels is one of India's fastest-growing hospitality brands.

Peers
Company Name CMP
The Indian Hotels Co 740.00
ITC Hotels 158.70
Mahindra Holi.&Resor 199.40
EIH 294.55
Chalet Hotels 839.75
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