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Kamat Hotels (I) LimitedImportant, 22-05-2025: General Updates

22-05-2025 | 08:17 pm

Kamat Hotels has announced a board meeting to discuss the financial results for the quarter and half-year. The company received approvals from BSE and NSE for the proposed merger by absorbing Savarwadi Rubber Agro Pvt Ltd and Treeo Resort Pvt Ltd, aiming to streamline operations and boost promoter shareholding. Shareholder approval is pending, with detailed disclosures on valuation, financials, and shareholding impact to be provided before voting. All liabilities of the merged entities will transfer to Kamat Hotels upon completion.

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