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Delta Corp is currently operates in the Gaming, Hospitality and online skill gaming segment.(Source : 202003-01 Annual Report Page No:113)
Delta Corp's shareholders and unsecured creditors have approved a Composite Scheme of Arrangement for corporate restructuring with its subsidiaries. This strategic plan passed with the necessary majority.
Delta Corp launches new Goa casino vessel. Dhargal resort development is on hold. Demerger of Gaming/Hospitality businesses is proposed for strategic focus. Hotels are expanding, with 23 Cr invested in real estate. 40% GST impacts gaming profitability; mitigation efforts are ongoing. Key legal judgments are pending.
Delta Corp Limited and its wholly-owned subsidiary, Deltatech Gaming Limited (DGL), have entered into agreements with Head Digital Works Private Limited (HDW) for a significant transaction. Initially, HDW will acquire 51% of DGL, which operates the online poker platform Adda52. Following this, DGL is expected to merge with HDW. Upon...
Delta Corp Limited is undergoing a revision of its scheme concerning the demerger of its Hospitality and Real Estate business. Following earlier approvals, the Board has proposed that the Dhargal Project—a key growth initiative—be separated into Deltin Hotel & Resorts Private Limited, a wholly-owned subsidiary, while the remaining Hospitality and...