Advent Hotels to acquire 25% stake in BD&P Hotels for ₹40 Cr

Advent Hotels International Ltd announced its Board of Directors has approved the execution of a Share Purchase Agreement (SPA) to acquire the remaining 25% equity shareholding in its 75% subsidiary, BD And P Hotels (India) Private Limited (BD&P Hotels), for a consideration of ₹40,00,00,000/- (₹40 Crore). This acquisition will make BD&P Hotels, which owns and operates the Hilton Mumbai International Airport hotel, a wholly owned subsidiary of Advent Hotels. The transaction is expected to be completed by June 30, 2027. The acquisition is strategic, aiming to consolidate ownership and enhance control over the company's hospitality business. BD&P Hotels reported a turnover of ₹102,36,75,000/- for the financial year ended March 31, 2026. The acquisition does not constitute a related party transaction.