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

Unknown Apr 02, 2026 4 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...