StockWatch
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Hotels & Resorts
Merger4 Aug 2026, 09:40 pm

Ventive Hospitality approves merger of Sun Leisure into Soham Leisure

AI Summary

Ventive Hospitality Limited's Board of Directors has approved the merger of its wholly owned subsidiary, Sun Leisure (India) Private Limited, into its subsidiary, Soham Leisure Ventures Private Limited. The merger, by way of a Scheme of Amalgamation, aims to consolidate the group's hospitality business under Soham Leisure Ventures, leading to more efficient resource utilization, unified control, and a stronger base for future growth. The transaction is subject to requisite statutory and regulatory approvals. Sun Leisure (India) Private Limited had a paid-up capital of ₹5,00,00,000 and a turnover of ₹2,06,30,000 as of March 31, 2026. Soham Leisure Ventures Private Limited had a paid-up capital of ₹29,55,99,900 and a turnover of ₹40,66,40,000.

Key Highlights

  • Ventive Hospitality approves merger of two subsidiaries.
  • Merger aims to consolidate and streamline hospitality operations.
  • Expected to improve resource utilization and future growth.
  • Transaction subject to regulatory and statutory approvals.