Advent Hotels International Ltd. Approves Material Related Party Transaction

Advent Hotels International Ltd. held a Board Meeting on 5th March, 2026, where they approved a material related party transaction. The company seeks shareholders' approval for the sale of shares of Bamboo Hotel and Global Centre (Delhi) Private Limited to Valor Estate Limited, along with the assignment of the loan granted. The total consideration is approximately Rs. 596.70 Crores. The transaction is expected to be completed within 60 days, subject to approval from shareholders, lenders, and the Buyer. Valor Estate Ltd. is a listed related party of the Company and the Promoter/Promoter Group. The sale price is based on a valuation report from an independent registered valuer.