Acquisitions21 Feb 2026, 02:32 pm
UVS Hospitality to Acquire 51% Stake in Calcio Restaurants for Rs. 35 Crores via Share Swap
AI Summary
UVS Hospitality and Services Ltd. has approved the acquisition of up to 51% of the paid-up equity share capital of Calcio Restaurants Private Limited through a share swap. The deal is valued at approximately Rs. 35,02,67,100. The acquisition is expected to be completed within 15 days from the date of approval from the shareholders or other relevant authorities including the Stock Exchange.
Key Highlights
- UVS Hospitality to acquire 51% stake in Calcio Restaurants for Rs. 35 Crores via share swap
- Calcio Restaurants is a Mumbai-based company incorporated in 2020, operating in the hotels and restaurants sector
- The acquisition is expected to be completed within 15 days from the date of approval from the shareholders or other relevant authorities
- The deal is a share swap, with the non-cash consideration to be discharged by way of issuance of equity shares of the Company on a preferential basis