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Apeejay Surrendra Park Hotels informs about acquisition

24 Apr 2025 Evaluate

In terms of Regulation 30 of SEBI Listing Regulations, Apeejay Surrendra Park Hotels has informed that the company has entered into binding Memorandum of Understanding today for acquisition of 90% stake of Zillion Hotels and Resorts from its existing shareholders (namely Handa Family Shareholders and Nair Family Shareholders). Consequent to the aforesaid acquisition, Zillion Hotels and Resorts will become a subsidiary of the Company. Zillion Hotels and Resorts is in the business of owning and operating the Z Luxury Residences, including 62 service residences and food & beverage facilities located at 29/1 J R Mhatre Road opp Iris Park Juhu, Mumbai, Maharashtra, India, 400049. The required details as per SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed as Annexure A.

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

Apeejay Surrendra Share Price

129.70 -1.95 (-1.48%)
08-May-2026 16:59 View Price Chart
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