Indian Hotels Company Ltd - 500850 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
This has reference to Regulation 30(6) read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 (the 'Regulations'). In accordance with the said Regulation(s), please note that the Company had participated in the Analyst Conference organised by Nirmal Bang held on November 15, 2021 at Mumbai. INDIAN HOTELS CO.LTD. - 500850 - Clarification On News Item Appearing In 'Media/Publication'
This has reference to your email dated October 29, 2021 seeking clarification on the news item which appeared on the 'Website-www.economictimes.com' dated October 28, 2021 captioned 'Tata Consumer Products to transfer its tea chain to IHCL'. In this connection, the factual position with regards to the news item is explained. Accordingly, in our view the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not mandated under law. INDIAN HOTELS CO.LTD. - 500850 - Rights Issue - Fixes Record Date As November 13, 2021
This is further to the meetings of the Board of Directors of the Company held on August 23, 2021 and October 21, 2021, approving the offer and issuance of fully paid-up equity shares of the Company (the "Equity Shares") for an amount not exceeding Rs. 2,000 crore, by way of a fast track rights issue to the eligible shareholders of the Company ("Rights Issue") in accordance with the Companies Act, 2013 and the rules made thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, other applicable laws and our prior intimations dated August 17, 2021, October 16, 2021 and November 2, 2021. Pursuant to the above referred, we wish to inform you that the Committee at its meeting held today, i.e. November 9, 2021 has inter alia considered and approved the terms of the Rights Issue Indian Hotels Company Ltd - 500850 - Announcement under Regulation 30 (LODR)-Issue of Securities
This is further to the meetings of the Board of Directors of the Company held on August 23, 2021 and October 21, 2021, approving the offer and issuance of fully paid-up equity shares of the Company (the "Equity Shares") for an amount not exceeding Rs. 2,000 crore, by way of a fast track rights issue to the eligible shareholders of the Company ("Rights Issue"), in accordance with the Companies Act, 2013 and the rules made thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, other applicable laws and our prior intimations dated August 17, 2021, October 16, 2021 and November 2, 2021. Pursuant to the above referred, we wish to inform you that the Committee at its meeting held today, i.e. November 9, 2021 has inter alia considered and approved the terms of the Rights Issue. Why you should go for a bull-call spread on Indian Hotels stock
Stock to remain positive with minor intermittent corrections Indian Hotels Company Ltd - 500850 - Intimation Under Regulation 29 Of The SEBI Listing Obligations And Disclosure Requirements), 2015 (The "SEBI LODR Regulations")
This is in furtherance to our intimations dated August 17, 2021 and October 16, 2021 pursuant to which the Board of Directors of the Company at their meetings held on August 23, 2021 and October 21, 2021 respectively, approved the issue of equity shares of the Company by way of a rights issue to the existing shareholders of the Company on the record date for an amount not exceeding Rs. 2,000 crores and authorized formation of a committee of directors to finalise the terms of the proposed issue (the "Rights Issue Committee 2021"). Pursuant to Regulation 29 of the SEBI LODR Regulations, this is to inform you, that the Company shall be convening a meeting of the Rights Issue Committee - 2021 on November 9, 2021, inter-alia, for determination of issue price, rights entitlement ratio, record date and other terms of the issue. Indian Hotels Company Ltd - 500850 - Clarification sought from Indian Hotels Company Ltd
The Exchange has sought clarification from Indian Hotels Company Ltd with respect to news article appearing on https://economictimes.indiatimes.com - October 28, 2021 titled "Tata Consumer Products to transfer its tea chain to IHCL".The reply is awaited. Indian Hotels Company Ltd - 500850 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
This information is being submitted pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements Regulations, 2015. Please find enclosed the intimations dated October 28, 2021 received from our RTA - Link Intime India Pvt. Ltd for loss of share certificate of the Company.
Indian Hotels hopes to wipe out Rs 3,571 crore debt in 18 months
The company expects to clear its debt by raising funds through a rights issue, followed by a qualified institutional placement of shares
Buy Indian Hotels; target of Rs 268: Motilal Oswal
Motilal Oswal is bullish on Indian Hotels recommended buy rating on the stock with a target price of Rs 268 in its research report dated October 21, 2021.