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GVK-Bhupal family will continue to be promoters and will hold 74.99% in the company, on the completion of the transaction, IHCL stated.
Meghalaya is developing a new Taj Resort and Spa in Umiam. This project is part of a larger plan to make Umiam a premium tourism hub. Several other five-star hotels are also under development. The ...
IHCL will continue to manage the currently operational six hotels along with the upcoming hotel in Yelahanka, Bengaluru.
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The Meghalaya government on Friday handed over 66 acre of land at Umiam for the upcoming Taj Umiam Resort & Spa in the presence of Chief Minister Conrad Sangma.
GVK-Bhupal family will continue to be promoters and will hold 74.99 per cent in the company, on the completion of the transaction, IHCL stated.
IHCL to sell its 25.52% stake in TAJ GVK to GVK-Bhupal family. Transition to long-term management agreement. Details inside.