Oriental Hotels has received approval for subscription to the rights issue of OHL International (HK) (OIHK), Wholly-Owned Subsidiary of the Company for investment of an amount of $1.76 million, which will further be invested in St. James Court Hotels for repayment of debt in that entity.The said transaction is expected to be completed by November 7, 2025. Following the approval of the Board of Directors, the Investment Committee of the Board, has on October 23, 2025, approved the same.
Oriental Hotels (OHL) was incorporated in the year 1970 with the objective to establish and run world class hotels. The hospitality business of OHL was established under the technical and operational support of Indian Hotels Company (IHCL), the hospitality wing of the Tata Group.
| 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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