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Viceroy Hotels informs about approval of resolution plan by tribunal

10 Oct 2023 Evaluate
Viceroy Hotels has informed about approval of the resolution plan for Viceroy Hotels (VHL / Company) by the Appellate Authority. Salient features of the Plan and other material information (other than commercial secrets) are as follows: Infusion of funds, Proposal for Outstanding Debt, Extinguishment of balance FC Debt and balance Operational Creditor Dues, Cancellation of Promoters shares, Reduction / Reconstitution of Public Shareholding, and Constitution of Monitoring Committee.

The above information is a part of company’s filings submitted to BSE.
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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