STOCKWATCH
·
Other Textile Products
New Launch25 Mar 2025, 10:16 pm

Eco Hotels and Resorts Ltd Expands Leased Property Portfolio and Launches New Vegetarian Restaurant Brand

AI Summary

Eco Hotels and Resorts Ltd, formerly known as Sharad Fibres & Yarn Processors Limited, has announced business updates during a Board meeting on March 24, 2025. The company approved a long-term lease for a 54-room hotel property in Vadodara, Gujarat, expanding their property count across India to over 500 keys. Additionally, Eco Hotels launched a new vegetarian restaurant brand, Eco Satva, in Kota, Rajasthan. The new restaurant offers three distinct dining experiences: Sahar, a pure vegetarian restaurant; Kick in the Brick, a fusion Asian food restaurant with a dance floor; and GG's, a rooftop restaurant. The company also announced the upcoming launch of EcoXpress Satva in Nagpur, Maharashtra, starting from April 2025.

Key Highlights

  • Eco Hotels and Resorts Ltd has expanded its leased property portfolio with a 54-room hotel in Vadodara, Gujarat.
  • The company's new vegetarian restaurant brand, Eco Satva, has been launched in Kota, Rajasthan, with three unique dining experiences.
  • Eco Hotels will commence operations of EcoXpress Satva in Nagpur, Maharashtra, from April 2025.
  • The company's new property in Vadodara and other properties across India will cross 500 keys.
  • Eco Hotels and Resorts Limited, formerly known as Sharad Fibres & Yarn Processors Limited, continues to grow its hospitality and dining brands.
SHARDFI
Other Textile Products
SHARAD FIBRES & YARN PROCESSORS LTD.

Price Impact