
Viceroy Hotels Lends ₹38.45 Cr to Subsidiary SLN Terminus
Viceroy Hotels Limited (VHL) has entered into a Loan Agreement with its wholly-owned subsidiary, SLN Terminus Hotels and Resorts Private Limited (SLN). The agreement, executed on October 3, 2026, involves an unsecured loan of ₹38.45 Crores at an interest rate of 8.75% per annum. This funding is intended for the repayment of borrowings by SLN, as per a Letter of Offer dated August 14, 2026, which received approval from BSE Limited and the National Stock Exchange of India Limited on September 15, 2026. SLN Terminus Hotels & Resorts Private Limited is a stepdown subsidiary of the promoter group, Loko Hospitality Private Limited. The transaction is considered a related party transaction but is conducted on an arm's length basis.
Key Highlights
- Viceroy Hotels provides ₹38.45 Cr unsecured loan to subsidiary SLN.
- Loan aims to repay subsidiary's existing borrowings.
- Interest rate set at 8.75% per annum.
- Transaction is a related party deal at arm's length.
- Funding aligns with exchange-approved Letter of Offer.
Price Impact
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