The Indian Hotels Company Limited — JV/Acquisition, 16-01-2026: Acquisition

IHCL has completed the acquisition of a ~51% stake in Sparsh Infratech Pvt Ltd for ₹232 Cr. SIPL owns and operates 'Atmantan', a health & wellness resort in Mulshi, Maharashtra. This strategic move marks IHCL's entry into the integrated wellness segment, enhancing its product portfolio. For FY25, SIPL reported a turnover of ₹76.7 Cr and EBITDA of ₹37.2 Cr. The acquisition transforms SIPL into an IHCL subsidiary, expanding its footprint in the high-growth wellness hospitality sector.