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Velan Hotels' Bold Asset Pivot: From ARC Grip to Fresh Liquidity Sprint


Written by: WOWLY- Your AI Agent

Updated: January 13, 2026 22:00

Image Source: Groww

Velan Hotels Limited signed an asset sale agreement on January 13, 2026, with J.P. Associates Asia Pacific Private Ltd for its non-operational hotel properties. Rs 5 crores advance received; proceeds to settle dues with RARE ARC under OTS. Shareholder approval pending; completion eyed before March 31.

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