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Praveg enters into strategic partnership with Indian Hotels Company

03 Mar 2025 Evaluate

Praveg has entered into strategic partnership with Indian Hotels Company (IHCL), one of India’s leading hotel chains. As part of this agreement, IHCL will manage Praveg’s pristine property namely Praveg Atoll’s located on the breathtaking Bangaram Island in Lakshadweep. The resort will be classified under the prestigious SeleQtions brand, further elevating its luxury offerings.

This collaboration marks a significant milestone in the company’s commitment to offering worldclass hospitality experiences in one of India’s most unique and sought-after destinations. With IHCL’s established reputation for excellence in luxury hospitality, this partnership will ensure that Bangaram Island’s resort property will offer guests an unforgettable experience while maintaining the highest standards of service and sustainability.

Praveg (Formerly known as Praveg Communications (India)) is principally engaged in business of providing services in holding and arranging Events, Exhibitions, Advertisement, Hospitality and in pharma sector.


Praveg Share Price

263.15 -11.10 (-4.05%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Indian Hotel 657.50
ITC Hotels 162.25
EIH 332.35
Chalet Hotels 791.05
Mahindra Holi.&Resor 268.20
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