Acquisitions27 Dec 2025, 02:51 pm
Viceroy Hotels to Acquire SLN Terminus Hotels and Resorts for Rs. 206.00 Crores
AI Summary
Viceroy Hotels Limited has received shareholder approval for the acquisition of SLN Terminus Hotels and Resorts Private Limited. The acquisition, valued at Rs. 206.00 Crores, is expected to strengthen Viceroy's market presence and asset base in the hospitality segment. The transaction will be executed within a year from the date of shareholder approval. Post-acquisition, SLN Terminus will become a wholly owned subsidiary of Viceroy Hotels Limited.
Key Highlights
- The acquisition is valued at Rs. 206.00 Crores.
- SLN Terminus Hotels and Resorts operates a Marriott-associated hotel with 75 long-stay rooms.
- The acquisition is expected to generate operational synergies, improve cost efficiency, and optimize resource utilization.
- SLN Terminus Hotels and Resorts is projected to enhance revenue growth and profitability in the coming years.
- SLN Terminus will become a wholly owned subsidiary of Viceroy Hotels Limited post-acquisition.