IHCL to merge with Oriental Hotels in all-stock deal

IHCL to merge with Oriental Hotels in all-stock deal. The merger will consolidate IHCL's luxury portfolio and expand its footprint across key markets. Oriental Hotels shareholders to receive 1 equity share of IHCL for every 4 shares held. The move strengthens competitive positioning in India's growing hospitality sector.

📊 STOCKS: INDIANHOTELS | 🏢 SECTOR: Realty | #HIGHIMPACT #Merger