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Goldman Sachs offloads stake in Samhi Hotels for Rs 343 crore

03 Apr 2024 Evaluate

Investment company -- Goldman Sachs through its affiliate Goldman Sachs Investments Holdings Asia has offloaded shares of Samhi Hotels for Rs 343 crore through an open market transaction. Goldman Sachs Investments Holdings Asia sold 1,70,92,202 shares, amounting to a 7.84 per cent stake in Samhi Hotels. The shares were disposed of at an average price of Rs 200.55 apiece. 

Samhi Hotels acquires/builds primary hotels and thereafter renovates, rebrands and rerates the property and runs it.

Peers
Company Name CMP
The Indian Hotels Co 820.75
ITC Hotels 170.55
Mahindra Holi.&Resor 184.85
EIH 294.45
Chalet Hotels 821.60
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