Tata’s Hospitality Arm Goes Big—Rs 165 Cr Investment Fuels Mumbai Expansion

Unknown Apr 02, 2026 1,150 Views

Indian Hotels Company Ltd (IHCL), the Tata Group’s hospitality arm, has acquired 3,30,043 equity shares in its whollyowned subsidiary ELEL Hotel and Investment Ltd through a rights issue. The move, valued at Rs 165.02 crore, reinforces IHCL’s commitment to expanding its luxury portfol...