Oberoi Realty shares rose 2% after a consortium led by the company, along with Shree Naman Developers and JM Financial Properties, won the ₹919 crore resolution plan for Hotel Horizon Private Limited in Mumbai. The plan was approved by the Committee of Creditors (CoC) on July 14, 2025.
Hotel Horizon owns a prime 7,500 sq. mtr. sea-facing plot in Juhu, Mumbai, and is developing a luxury retail-cum-hotel project. The resolution plan involves full settlement of outstanding claims and is to be implemented within 45 days of National Company Law Tribunal (NCLT) approval.
The acquisition aligns with Oberoi Realty’s core business and will be executed via a special purpose vehicle (SPV). Once completed, the consortium will gain 100% control of Hotel Horizon through fresh equity infusion. The move further strengthens Oberoi Realty’s presence in the high-end hospitality and real estate space in Mumbai.
Oberoi Realty shares opened at ₹1,825.00 and, at the time of writing, touched a high of ₹1,853.50 during the day. The stock did not fall below its opening price, with the low also at ₹1,825.00. Oberoi Realty’s 52-week high stands at ₹2,343.65, while the 52-week low is ₹1,451.95.
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