Acquisitions14 Nov 2025, 05:01 pm
Delta Corp Ltd Completes Acquisition of 107-Room Hotel in Alibagh
AI Summary
Delta Corp Ltd has completed the acquisition of a 107-room hotel in Alibagh, Maharashtra, spread over approximately 2,239 square meters. The hotel is a wholly owned subsidiary of the company, Delta Penland Limited. The company plans to undertake a complete regularization, upgradation, and renovation of the hotel to meet market needs and company standards before it becomes operational. This information is in continuation to a previous disclosure dated 4th August, 2025.
Key Highlights
- Delta Corp Ltd completes acquisition of a 107-room hotel in Alibagh, Maharashtra
- The hotel is spread over approximately 2,239 square meters
- Delta Penland Limited, a wholly owned subsidiary of the company, is the acquiring entity
- The company plans to renovate and upgrade the hotel to meet market needs and company standards
- The operational status of the hotel will be intimated in due course of time