Indian Hotels Company Ltd (IHTL.NS) Key Developments | Reuters.com
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Indian Hotels Company Ltd (IHTL.NS)

IHTL.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

Indian Hotels to explore selling Taj Boston for atleast $125 mln
Wednesday, 18 May 2016 03:27am EDT 

Indian Hotels Company Ltd : Indian hotels company-to allow US unit to pursue option of divestment of taj Boston hotel via sale of llc interests in ihms (Boston) at no less than $125 million .  Full Article

Indian Hotels Company Ltd to buy remaining 80.1 pct of Lands End Properties Private Ltd
Thursday, 9 Apr 2015 05:14am EDT 

Indian Hotels Company Ltd:Says the board of directors accorded their approval to the proposed acquisition of the balance 80.1 pct stake in Lands End Properties Private Ltd (LEPPL), for an aggregate consideration not exceeding 170 mln Indian Rupees.It is thereby making LEPPL a 100 pct subsidiary of the company.Pursuant to the foregoing, ELEL Hotels & Investments Ltd, the licensee of the Erstwhile Hotel Sea Rock Site, will become a subsidiary of the company.  Full Article

Indian Hotels Company Ltd Rakesh K. Sarna will join as Chief Executive Officer
Thursday, 7 Aug 2014 04:26am EDT 

Indian Hotels Company Ltd:Says Rakesh K. Sarna will take over and join as Managing Director and Chief Executive Officer effective Sept. 01.  Full Article

Indian Hotels Company Ltd Board has accepted resignation of Chief Executive Officer
Thursday, 7 Aug 2014 04:23am EDT 

Indian Hotels Company Ltd:Says Raymond Bickson, MD and CEO of the Company has expressed desire to resign from the services of the Company and pursue his professional interests elsewhere.During meeting of the Board of Directors of the Company at its meeting held on Aug. 07.Board has accepted Bickson’s resignation.Bickson will step down as the Company’s Managing Director and Chief Executive Officer effective Aug. 31.  Full Article

Indian Hotels Company Ltd's Samsara Properties Ltd sells The Blue Hotel, Sydney to Australia Hotels & Properties Ltd
Thursday, 10 Jul 2014 01:08am EDT 

Indian Hotels Company Ltd:Says that Samsara Properties Ltd, offshore wholly owned subsidiary of The Indian Hotels Company Ltd, has announces the execution of share sale deed for divestment of 100 pct. of shareholding in The Blue Hotel, in Sydney in favor of Australia Hotels & Properties Ltd.Says Australia Hotels & Properties belongs to Jhunjhnuwala family controlled Hind Hotels & Properties Group.  Full Article