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Company News Details

Oriental Hotels Ltd
Industry :  Hotels
BSE Code
ISIN Demat
Book Value()
500314
INE750A01020
26.9014907
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
ORIENTHOT
34.02
2515.57
EPS(TTM)
Face Value()
Div & Yield %
4.14
1
0.46
 

Oriental Hotels Ltd
Oriental Hotels rises as board approves merger with IHCL
Aug 24,2026
Under the proposed scheme, IHCL will issue 25 equity shares for every 117 shares held in Oriental Hotels by eligible shareholders, excluding IHCL and its subsidiaries. The transaction is an all-stock merger, with the existing shareholding of IHCL and its subsidiaries in Oriental Hotels to be cancelled following the issuance of the consideration shares.

The merger is subject to approval from the National Company Law Tribunal, shareholders and/or creditors of the companies, stock exchanges, Securities and Exchange Board of India and other relevant regulatory and statutory authorities. Completion is targeted for the second half of FY2028, with an appointed date of 1 April 2027.

Oriental Hotels is an associate company of IHCL and operates seven hotels with 825 rooms. Its portfolio includes Taj Coromandel in Chennai, Taj Fisherman’s Cove Resort & Spa in Chennai, Taj Malabar Resort & Spa in Cochin, Vivanta Coimbatore, Vivanta Mangalore, Gateway Madurai and Gateway Coonoor.

The companies said the merger is intended to simplify the group's holding structure, create operational and cost synergies, improve resource utilisation and provide Oriental Hotels' public shareholders with an opportunity to participate directly in IHCL's consolidated hospitality business.

IHCL is India’s largest hospitality company by market capitalisation, with a portfolio of 650 hotels, including 268 in the pipeline, across 4 continents, 15 countries and more than 300 locations. Its brands include Taj, Claridges Collection, Brij, Atmantan, SeleQtions, Gateway, Vivanta, Tree of Life and Ginger. Founded by Jamsetji Tata, IHCL opened its first hotel, The Taj Mahal Palace in Bombay, in 1903.

On a consolidated basis, Oriental Hotels' net profit declined 20.06% to Rs 5.30 crore while net sales rose 3.56% to Rs 111.48 crore in Q1 June 2026 over Q1 June 2025.

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