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Indian Hotels Co announces divestments of Leanluxe Hospitality to Tata Sons
30-Jun-2025, 03:01
Indian Hotels Co announced the disinvestment / sale of 100% shareholding in Leanluxe Hospitality (the Company's step-down subsidiary) by Roots Corporation (the Company's wholly-owned subsidiary) to Tata Sons.
Indian Hotels Co announced the disinvestment / sale of 100% shareholding in Leanluxe Hospitality (the Company's step-down subsidiary) by Roots Corporation (the Company's wholly-owned subsidiary) to Tata Sons.
Leanluxe Hospitality was a wholly-owned subsidiary of Roots Corporation. Consequent to the above transaction, Leanluxe Hospitality has ceased to be a subsidiary of Roots Corporation and consequently, a step-down subsidiary of the Company effective 30 June 2025.
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