IHCL to acquire 51% stake each in ANK Hotels and Pride Hospitality for ₹204 crore
The acquisitions, expected to be completed by November 15, 2025, will add significantly to IHCL’s portfolio. The Clarks Hotels & Resorts currently operates 135 hotels across India, while Pride Hospitality brings additional reach in the midscale segment. Shares of Indian Hotels Company Ltd ended at ₹745, up by ₹10.50, or 1.43%, on the BSE today, August 11.
The acquisitions, expected to be completed by November 15, 2025, will add significantly to IHCL’s portfolio. The Clarks Hotels & Resorts currently operates 135 hotels across India, while Pride Hospitality brings additional reach in the midscale segment. Shares of Indian Hotels Company Ltd ended at ₹745, up by ₹10.50, or 1.43%, on the BSE today, August 11.
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