The acquisition is being funded through SAMHI's internal accruals, making Innmar a fully-owned subsidiary of SAMHI.
The acquisition for Rs 250 crore allows Samhi Hotels to gain a foothold in Bengaluru's upscale hotel segment, as Innmar ...
SAMHI Hotels Limited acquires Innmar Tourism and Hotels Private Limited for ₹205 crore, expanding its presence in Bangalore.
Samhi Hotels will acquire Innmar Tourism and Hotels Pvt Ltd at an enterprise value of Rs 205 crore, adding an operating hotel ...
SAMHI has completed the Share Purchase Agreement for acquiring Innmar Tourism and Hotels Private Limited, adding a 142-room ...
SAMHI Hotels' board on Friday approved the 100 per cent acquisition of Innmar Tourism and Hotels for an enterprise value of ...
Ashish Jakhanwala, chairman & managing director of the company, "This transaction aligns with our growth strategy, which ...
Bengaluru sees two hotel acquisitions in a day as Samhi and Juniper secure deals worth ₹485 crore, signalling strong demand ...
SAMHI Hotels Limited a  branded hotel ownership and asset management platform in India, is pleased to announce the completion ...
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The acquisition will be completed on or before 4th October 2024 for a consideration of Rs 2,050 million (Enterprise Value) adjusted for net working capital including cash.