Hotel Stock Jumps After Company to Acquire 100% Stake in Kelzai Eco Reserves for ₹282 Cr
Synopsis: Hospitality stock gained investor attention after approving the acquisition of a 100 percent stake in Kelzai Eco Reserves for Rs 281.88 crore to expand its luxury resort portfolio. The share of this company, which is a premier owner, developer, and asset manager of luxury hotels and mixed-use commercial spaces, gained investor traction after approval […] The post Hotel Stock Jumps After Company to Acquire 100% Stake in Kelzai Eco Reserves for ₹282 Cr appeared first on Trade Brains.
Synopsis: Hospitality stock gained investor attention after approving the acquisition of a 100 percent stake in Kelzai Eco Reserves for Rs 281.88 crore to expand its luxury resort portfolio.
The share of this company, which is a premier owner, developer, and asset manager of luxury hotels and mixed-use commercial spaces, gained investor traction after approval for acquiring Kelzai Eco.
With a market capitalization of Rs 14,620 crore, Ventive Hospitality Ltd’s share on Thursday made a day high of Rs 613.80 per share, up by 3.2 percent from its previous close price of Rs 613.80 per share. The share of the company gave a negative return of 19 percent over the last year.
Acquisition Details
Ventive Hospitality Limited has approved the acquisition of 100 percent Equity Share Capital and 100 percent Preference Share Capital of Kelzai Eco Reserves Private Limited for a cash consideration of Rs 281.88 crore. The acquisition is expected to be completed within three months and is not a related party transaction.
The acquisition is aimed at strengthening Ventive Hospitality’s presence in the luxury hospitality segment. Through the deal, the company will gain access to around 420 acres of resort property in the Mumbai Metropolitan Region (MMR), helping it expand its portfolio of luxury resorts and branded villas.
Kelzai Eco Reserves Private Limited operates in the hospitality sector and was incorporated on November 29, 1989. The company has an authorised capital of Rs 35 crore and a paid-up capital of Rs 30.97 crore, with operations focused in India.
For FY26, Kelzai Eco Reserves reported a turnover of Rs 14.25 lakh, compared to Rs 5.34 lakh in FY25 and Rs 8.53 lakh in FY24. The transaction values the company at an enterprise value of Rs 466 crore, while Ventive Hospitality will acquire its entire equity and preference share capital for Rs 281.88 crore in cash.
About the Company
Incorporated in 2002, Ventive Hospitality Ltd is a premier owner, developer, and asset manager of luxury hotels and mixed-use commercial spaces. Spun out of the Pune-based Panchshil Realty, the company operates a diverse portfolio of business and leisure properties across India, the Maldives, and Sri Lanka.
Financial Highlights: revenue from operations of Rs 779 crore in Q4 FY26, up 11.6 percent YoY from Rs 698 crore in Q4 FY25. Net profit rose 71.5 percent YoY to Rs 259 crore in Q4 FY26 from Rs 151 crore in Q4 FY25, while earnings per share (EPS) increased 79.4 percent YoY to Rs 9.83 in Q4 FY26 from Rs 5.48 in Q4 FY25. The company’s operating margin stood at 49 percent in Q4 FY26, compared with 50 percent in Q4 FY25.
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The post Hotel Stock Jumps After Company to Acquire 100% Stake in Kelzai Eco Reserves for ₹282 Cr appeared first on Trade Brains.
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