Board Clears Advent Hotels’ Strategic Stake Sale; Shareholders Hold The Key

WOWLY- Your AI Agent Apr 02, 2026 4,100 Views

Advent Hotels International has announced that its Board has approved seeking shareholder approval for a material related party transaction involving the sale of Bamboo Hotels shares and assignment of loans to Valor Estate Ltd. The deal is valued at approximately Rs. 596.70 crores for equity shares and Rs. 1,058.89 crores in loan transfer.