Oriental Hotels Ltd Approves USD 1.764 Mn Investment in OHL International (HK) Limited for Debt Repayment in St. James Court Hotels Ltd

Oriental Hotels Ltd has approved a subscription to the rights issue of its wholly-owned subsidiary, OHL International (HK) Limited, for an investment of USD 1.764 Mn. This investment will further be invested in St. James Court Hotels Ltd for repayment of debt. OHL International (HK) Limited is a hospitality company incorporated in Hong Kong, with a turnover of INR 4.49 crores in FY2023-2024. The acquisition does not fall under related party transactions and does not require any governmental or regulatory approvals. The acquisition is expected to be completed by 7th November 2025.