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Kamat Hotels raises Rs 297.50 crore through NCDs

25 Jan 2023 Evaluate

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.

Kamat Hotels (India) Share Price

168.85 1.00 (0.60%)
21-Apr-2026 16:59 View Price Chart
Peers
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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