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Oriental Hotels to merge with Indian Hotels Company

24-Aug-2026 | 09:08

Indian Hotels Company (IHCL/ transferee company) approved the Scheme of Arrangement between Oriental Hotels (OHL/ transferor company'), the company and their respective shareholders, under the provisions of Sections 230 to 232 of the Companies Act, 2013 and other applicable regulatory requirements, for the amalgamation of OHL into and with the company.

The transferor company is an associate company of the transferee company. As on June 30, 2026, 37.05% of the equity share capital of the transferor company is held by the transferee company (both directly and indirectly through its subsidiaries).