Acquisitions21 Feb 2026, 03:03 pm
UVS Hospitality Acquires 51% Stake in Calcio Restaurants via Share Swap for Rs. 35 Crores
AI Summary
UVS Hospitality and Services Ltd. has approved the acquisition of a 51% stake in Calcio Restaurants Private Limited through a share swap. The transaction is valued at approximately Rs. 35,02,67,100, with UVS Hospitality issuing up to 35,02,671 equity shares to the shareholders of Calcio Restaurants. The acquisition is expected to be completed within 15 days of shareholder approval and is aimed at consolidating operations, enhancing strategic value, and creating an integrated corporate structure.
Key Highlights
- UVS Hospitality to acquire 51% stake in Calcio Restaurants for approximately Rs. 35 crores
- Acquisition to be completed through share swap, with UVS Hospitality issuing up to 35,02,671 equity shares
- Transaction aims to consolidate operations, enhance strategic value, and create an integrated corporate structure
- Calcio Restaurants is a Mumbai-based company, incorporated in 2020, with a focus on hotels and restaurants
- Acquisition is subject to shareholder approval and other relevant regulatory approvals