Acquisitions5 Mar 2026, 08:52 pm
Valor Estate Ltd. to Acquire Shares of Bamboo Hotel and Global Centre from Advent Hotels International Limited
AI Summary
Valor Estate Ltd. announced the outcome of its Board Meeting held on 05.03.2026, where it approved the acquisition of shares of Bamboo Hotel and Global Centre (Delhi) Private Limited from Advent Hotels International Limited. The acquisition, which includes the assignment of a loan granted to Bamboo Hotels, is subject to the approval of shareholders and will be done at arm's length. The transaction is expected to be completed within 60 days and will place Valor Estate in a position to fund, manage, and optimize the value of the long gestation project. Bamboo Hotels is a hospitality company incorporated in 2008 with a NIL turnover for the last three years.
Key Highlights
- Valor Estate Ltd. to acquire shares of Bamboo Hotel and Global Centre from Advent Hotels International Limited
- Transaction includes assignment of loan granted to Bamboo Hotels by Advent Hotels
- Acquisition to be done at arm's length
- Subject to approval of shareholders
- Bamboo Hotels is a hospitality company with NIL turnover for the last three years