Investment16 Oct 2026, 03:28 pm
Gourmet Gateway Invests ₹78 Lakhs in Subsidiary BHPL
AI Summary
Gourmet Gateway India Limited has made a further investment of ₹78,00,876.36 in its subsidiary, Boutonniere Hospitality Private Limited (BHPL). This investment was made by subscribing to 52,383 equity shares at an issue price of ₹148.92 per share on a private placement basis. Following this allotment, Gourmet Gateway India's shareholding in BHPL has increased from approximately 95.99% to 96.17%. BHPL continues to remain a subsidiary of the company.
Key Highlights
- Gourmet Gateway India invested ₹78 Lakhs in subsidiary BHPL.
- Investment increases stake in BHPL to 96.17%.
- Subscription made via private placement of equity shares.
- BHPL remains a subsidiary of Gourmet Gateway India.
Price Impact
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