Indian Hotels rallies 6% on heavy volumes, hits 20-month high
With international arrivals dropping at an alarming rate due to travel restrictions and advisories from time to time, the demand for hospitality is expected to arise mainly from the domestic sector
Indian Hotels Company Ltd - 500850 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Further to our letter dated July 6, 2021, please find attached the presentation that the Company will be making today to the Investors / Analysts at the Institutional Investor Conference being held today. Indian Hotels Company Ltd - 500850 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company will be holding a PhyGital meeting ( i.e. In Person as well as Online Participants ) with Investors and Analysts on Wednesday, July 7, 2021 between 11 am and 1 pm at Taj Lands End, Mumbai. INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Raising of Funds
This with reference to your email dated July 2, 2021 seeking clarification with respect to the announcement submitted to the Exchange dated June 30, 2021, regarding intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for issuance of rated, unsecured, listed, redeemable, non-convertible debentures of face value of INR 10,00,000 (Indian Rupees Ten Lakhs only) aggregating to INR 250,00,00,000 (Indian Rupees Two Hundred and Fifty Crores only), by way of private placement. INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Raising of Funds
Pursuant to Regulation 30 of the SEBI LODR, we wish to inform you that a meeting of the Committee for Long Term Borrowing ('Committee') of The Indian Hotels Company Limited was held on Wednesday, June 30, 2021 and the Committee, by way of circulation, has considered and approved raising of funds by way of issuance of rated, unsecured, listed, redeemable, non-convertible debentures of face value of INR 10,00,000 (Indian Rupees Ten Lakhs only) aggregating to INR 250,00,00,000 (Indian Rupees Two Hundred and Fifty Crores only), by way of private placement, through NSE-s Electronic Bidding Platform ('NCDs'). The NCDs are proposed to be listed on the wholesale debt market segment of National Stock Exchange of India Limited and the tenor of the instrument is 3 (three) years from the deemed date of allotment with a call option available to Indian Hotels Company Limited to purchase the NCDs from the Debenture holders every 6 (six) months during the tenor of the instrument.
Planning 10,000 keys, 100 hotels in Ginger: Chairman Chandrasekaran at Indian Hotels AGM
From being a no-frills, basic, economy hotel brand, Ginger underwent a major mid-life repositioning exercise in late 2018 to make the brand aspirational. Calling it lean luxe', the hotel chain has been redesigned as an on-the-go' lifestyle for young customers who are its target audience.
Indian Hotels' iconic Taj named strongest hotel brand in the world
Indian Hotels Company (IHCL), South Asia's largest hospitality company, announced that its iconic brand, Taj, has been rated the Strongest Hotel Brand in the World by Brand Finance, the world's leading brand valuation consultancy in its annual 'Hotels 50 2021' report.This report recognizes the most valuable and strongest hotel brands across the globe."This is a proud moment for the Indian hospitality industry on the global stage. Taj being rated as the World's Strongest Hotel Brand is a testament to the unwavering trust our guests have consistently placed in us and the warmth and sincere care our employees have embodied day-after-day. We will continue our endeavor to elevate the world class experiences of luxury hospitality and deliver the magic of Tajness to all our stakeholders," said Puneet Chhatwal, Managing Director & Chief Executive Officer, Indian Hotels Company.Taj received an overall Brand Strength Index of 89.3 out of 100, with a corresponding AAA rating for customer .. INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Raising of Funds
Pursuant to Regulation 29 and 50 of the SEBI LODR, we would like to inform you that pursuant to authority granted under the resolution passed by the Board of Directors of the Company at their meeting held on November 4, 2020 and April, 30, 2021, the ' Committee for Long Term Borrowings', on June 30, 2021, proposes to consider and approve raising of funds by way of issuance of rated, unsecured, listed, redeemable, non-convertible debentures of face value of INR 10,00,000 (Indian Rupees Ten Lakhs only) aggregating to INR 250,00,00,000 (Indian Rupees Two Hundred and Fifty Crores only), by way of private placement. INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
This has reference to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Regulations').In accordance with the said Regulations, please note that the Company met with the following investor / analyst today. Indian Hotels Company Ltd - 500850 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
This has reference to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Regulations').In accordance with the said Regulations, please note that the Company met with the following investor / analyst yesterday i.e. June 23, 2021.