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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 885.10
ITC Hotels 177.25
Mahindra Holi.&Resor 200.80
EIH 312.10
Chalet Hotels 818.20
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