Oriental Hotels Limited — JV/Acquisition, 24-08-2026: Amalgamation/Merger

Oriental Hotels (OHL) is set to merge with The Indian Hotels Company (IHCL). The amalgamation aims for significant synergies, cost optimization, and leveraging IHCL's strong financial and managerial resources. OHL shareholders will get 25 new IHCL shares for every 117 OHL shares. This deal offers OHL public shareholders direct ownership in IHCL's larger hospitality business. IHCL's promoter stake will slightly adjust from 38.12% to ~37.50% post-merger. OHL reported ₹500.7 Cr revenue and ₹480.5 Cr net worth; IHCL had ₹5640.16 Cr revenue and ₹12766.95 Cr net worth as of March 2026. The scheme awaits necessary shareholder and regulatory approvals.