
Subsidiary16 Oct 2026, 06:50 pm
Advent Hotels Acquires Remaining 25% in BD&P Hotels
AI Summary
Advent Hotels International Ltd has acquired the remaining 25% equity shareholding in BD&P Hotels (India) Private Limited, making it a wholly owned subsidiary. The acquisition was completed on October 16, 2026, as per the Share Purchase Agreement dated October 13, 2026. The consideration has been paid or is payable according to the agreed timelines. This move consolidates full ownership of BD&P Hotels under Advent Hotels.
Key Highlights
- Company now holds 100% equity in BD&P Hotels (India) Private Limited.
- BD&P Hotels has officially become a wholly owned subsidiary.
- Acquisition completed as per the Share Purchase Agreement.
- Consideration payment is on schedule.
- Consolidates control and ownership for Advent Hotels.
Price Impact
More from ADVENTHTL