Shares of Viceroy Hotels traded higher in Monday’s session after the company received shareholder approval for the acquisition of SLN Terminus Hotels and Resorts Private Limited. The stock was trading at Rs 150.76, up 2.99%, as of 9:18 am on December 29, according to NSE data.
In an exchange filing, Viceroy Hotels said shareholders approved the transaction at an extraordinary general meeting held on December 27, 2025. The company will acquire SLN Terminus Hotels for a total consideration of Rs 206 crore, which will be paid entirely in cash. Upon completion, the target entity will become a wholly owned subsidiary of Viceroy Hotels. The transaction is expected to be completed within one year from the date of shareholder approval.
SLN Terminus Hotels and Resorts Private Limited operates a Marriott-associated hotel located on leased premises at SLN Terminus, Gachibowli, Hyderabad. As per the filing, the property comprises 75 long-stay rooms spread across the 9th to 12th floors, with a built-up area of around 1.65 lakh square feet. The asset also includes parking facilities and an undivided land share of approximately 2,442 square yards.
The company disclosed that the acquisition qualifies as a related-party transaction, as S. Prabhaker Reddy, a director of Viceroy Hotels, is also the managing director of the target company. Viceroy Hotels stated that the deal has been executed at arm’s length, supported by independent valuation reports.
According to the filing, the acquisition is intended to expand Viceroy Hotels’ hospitality asset base and strengthen its operational footprint in Hyderabad.
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