Acquisitions14 Nov 2025, 05:02 pm
IHCL Acquires 51% Stake in Sparsh Infratech for INR 240 Crores
AI Summary
The Indian Hotels Company Ltd (IHCL) has announced the acquisition of a 51% equity stake in Sparsh Infratech Private Limited, a company that owns and operates a health and wellness resort called 'Atmantan' in Mulshi, Maharashtra. The transaction is valued at approximately INR 240 crores. Sparsh Infratech reported a turnover of INR 76.7 crores, EBITDA of INR 37.2 crores, and EBIT of INR 29.4 crores in the financial year 2024-25. The acquisition does not involve any related parties and is expected to be completed by December 31, 2025. The transaction marks IHCL's foray into the integrated Wellness Segment.
Key Highlights
- IHCL to acquire 51% equity stake in Sparsh Infratech for INR 240 crores
- Sparsh Infratech owns and operates a luxury health and wellness centre, 'Atmantan'
- Sparsh Infratech reported a turnover of INR 76.7 crores, EBITDA of INR 37.2 crores, and EBIT of INR 29.4 crores in FY 2024-25
- The acquisition does not involve any related parties and is expected to be completed by December 31, 2025
- The transaction marks IHCL's foray into the integrated Wellness Segment