New Launch3 Jun 2025, 02:01 am
Apeejay Surrendra Park Hotels Ltd to Form LLP with Goyal Group for Jaipur Hotel Project
AI Summary
Apeejay Surrendra Park Hotels Ltd has entered into a Limited Liability Agreement with Mr. Anand Goyal and Mrs. Nidhi Goyal for the incorporation of a Limited Liability Partnership. The LLP will build, own, and operate a hotel in Jaipur, Rajasthan, India. The Company will hold 51% capital contribution, making the LLP a related party upon incorporation. The project is expected to be completed by September 30, 2025.
Key Highlights
- Apeejay Surrendra Park Hotels Ltd is forming a Limited Liability Partnership with the Goyal Group
- The LLP will build, own, and operate a hotel in Jaipur, Rajasthan, India
- The Company will hold 51% capital contribution in the LLP
- The LLP will become a related party of the Company upon incorporation
- The project is expected to be completed by September 30, 2025