Gourmet Gateway India Ltd — Important, 25-08-2026: Company Update
25-08-2026 | 08:58 pm
25-08-2026 | 08:58 pm
Gourmet Gateway's step-down subsidiary, Welgrow Hotels Concepts Private Limited, has significantly increased its profit-sharing interest in Manmeera Hospitality LLP from 49% to 99%. This strategic move consolidates Welgrow's control within the hospitality-focused LLP, expanding the company's footprint in this sector. The LLP will pay a total of ₹0.75 Cr as retirement consideration to two outgoing partners, reflecting the revised ownership structure. This deeper integration aims to enhance operational synergy and consolidate future earnings from the hospitality business.
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