Indian Hotels Company’s wholly-owned subsidiary -- Roots Corporation has divested 100% shareholding in ‘Leanluxe Hospitality’ to Tata Sons. Leanluxe Hospitality was a wholly-owned subsidiary of Roots Corporation. Consequent to the above transaction, Leanluxe Hospitality has ceased to be a subsidiary of Roots Corporation and consequently, a step-down subsidiary of the Company effective June 30, 2025.
Indian Hotels Company and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces and recognized as one of Asia's largest and finest hotel company. It operates in the luxury, premium, midmarket and value segments of the market.