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The Indian Hotels Company Limited — Important, 30-12-2025: Sale or disposal
30-12-2025 | 07:40 pm
30-12-2025 | 07:40 pm
IHCL divested its entire 25.52% stake (1.6 Cr shares) in Taj GVK Hotels & Resorts for ₹592.01 Cr at ₹370/share. This sale terminates their joint venture and trademark agreement. IHCL will continue managing the existing hotels, ensuring ongoing management fee income.
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