Kamat Hotels (India) has raised Rs 297.50 crore through the allotment of 29,750 Non-convertible debentures (NCD) having face value of Rs 1 lakh each, to Ncube Ventures LLP, SBI Funds Management, Purple Clover Tree LLP and SBI FM Special Situation Fund I. The Debenture allotted by the company to the aforementioned investors shall be listed on the Stock Exchanges. The committee at its meeting held on January 25, 2023 has approved the allotment of the same.
The company is engaged in the hospitality business and is having Hotel, Resort & Restaurants.
| Company Name | CMP |
|---|---|
| Indian Hotel | 666.05 |
| ITC Hotels | 164.95 |
| EIH | 339.50 |
| Chalet Hotels | 803.25 |
| Mahindra Holi.&Resor | 269.45 |
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