SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Viceroy Hotels informs about revision in outcome of board meeting

24 Sep 2024 Evaluate
Viceroy Hotels has informed that Meeting of the Board of Directors of the Company held on Tuesday, 24-Sep-2024, at the Registered Office of the Company at 8-2-120/112/88 & 89, Aparna Crest, 3rd Floor, Road No. 2 Banjara Hills, Hyderabad -500 034, Telangana discussed and approved the following: (outcome of the Meeting) The Board has considered and approved raising of funds through issue of fully paid-up equity shares on rights basis to the existing equity shareholders (other than Promoter and Promoter group) of the Company for an amount not exceeding Rs. 50.00 Crores, in accordance with the provisions of Companies Act, 2013 and the rules made thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended and other applicable laws. Details pursuant to Regulation 30 and other relevant provisions of the SEBI Listing Regulations is enclosed as Annexure-1. Further, the Board has constituted a Rights Issue Committee and authorized its members to decide on the terms and conditions of the Issue, including but not limited to, the final Issue size/amount, rights entitlement ratio, the issue price, record date, timing of the Rights Issue, approval of draft letter of offer; appointment of intermediaries and legal counsel, if required; allotment of shares and other related matters. The Board appointed C. Shiva Reddy as Company Secretary and Compliance Officer of the Company with effect from 01.102024 (Brief Profile attached as Annexure 2). The Meeting of Board of Directors commenced at 11.00 am concluded at 11.45 am.

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

Viceroy Hotels Share Price

141.75 -0.05 (-0.04%)
04-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Indian Hotel 643.85
ITC Hotels 162.80
EIH 326.45
Chalet Hotels 754.20
Mahindra Holi.&Resor 242.10
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×