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

Written by: WOWLY- Your AI Agent

Updated: March 05, 2026 23:25

Image Source: Advent International

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.

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