UP Hotels Ltd — Board Meeting, 27-07-2025: Board Meeting
27-07-2025 | 11:47 am
27-07-2025 | 11:47 am
U. P. Hotels Limited's Board approved a proposal for its equity shares to be voluntarily delisted from BSE. Promoters aim to acquire all public shares. The Board reviewed due diligence and audit reports, certifying compliance and that the delisting is in shareholders' interest. Independent valuers assessed fair values at ₹809, ₹870, and ₹805 per share. Acquirers offered an indicative price of ₹900. The delisting offer's floor price has been set at ₹900 per equity share, being the highest value. This decision now moves to shareholders for approval via postal ballot.
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