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H S India to make investments worth Rs 20 crore in associate companies

01 Aug 2013 Evaluate

H S India has received an approval to make investments in equity shares of the associates companies aggregating of Rs 20 crore subject to the approval of the Members. The board of director at its meeting held on July 31, 2013 has approved for the same.

H S India belongs to the Bansal group of companies, which is part of the Karishma group. The company has set up a three star hotel named Hotel Lords Inn International, having 106 rooms at Surat.

Peers
Company Name CMP
The Indian Hotels Co 743.00
ITC Hotels 161.35
Mahindra Holi.&Resor 201.65
EIH 301.55
Chalet Hotels 883.00
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