Acquisitions4 Aug 2025, 07:41 pm
Delta Corp Ltd Acquires 107-Room Hotel in Alibagh, Maharashtra for Renovation
AI Summary
Delta Penland Limited, a wholly owned subsidiary of Delta Corp Ltd, has approved the acquisition of a 107-room hotel in Alibagh, Maharashtra. The hotel, spread over approximately 2,239 square meters, will undergo complete regularization, upgradation, and renovation to meet market needs and company standards before becoming operational. The exact timeline for these changes will be intimated in due course.
Key Highlights
- Delta Corp Ltd has acquired a 107-room hotel in Alibagh, Maharashtra through its subsidiary Delta Penland Limited.
- The hotel will undergo complete regularization, upgradation, and renovation to meet market needs and company standards.
- The hotel is spread over approximately 2,239 square meters.
- The acquisition is approved by the Board of Directors of Delta Penland Limited.
- The operational timeline and further details will be shared in due course.