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Sinclairs Hotels divests entire stake in Savannah Hotels

29 Jul 2013 Evaluate

Sinclairs Hotels has divested its entire stake in Savannah Hotels. The company had earlier on March 20, 2013 received board’s approval for divestment of 2% of its holdings in Savannah Hotels.

The company presently operates in the hospitality sector; it owns and manages chain of hotels in India under the brand Sinclairs.

Peers
Company Name CMP
The Indian Hotels Co 717.40
ITC Hotels 158.50
Mahindra Holi.&Resor 195.75
EIH 297.55
Chalet Hotels 826.30
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