Advent Hotels Clarifies Promoter Shareholding Encumbrance to 2.02%

Advent Hotels International Ltd has issued a revised disclosure regarding promoter shareholding encumbrance under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The company clarified that a previous mismatch in the percentage of promoter holding already encumbered was due to an inadvertent human error. The corrected and ratified percentage of promoter and promoter group shareholding encumbered is now stated as 2.02% of the company's total share capital. This revision aims to rectify the discrepancy and ensure accurate reporting.