ROYAL ORCHID HOTELS LTD. - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
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| 01 Nov 2021 | |
| With reference to the Regulation 30 read with Schedule Ill Part A Para A (1) of SEBI (Listing<BR> Obligations and Disclosure Requirements) Regulations, 2015 ("Regulations") and in<BR> continuation to our earlier disclosure to Stock Exchange dated August 21, 2021 regarding<BR> execution of Memorandum of Understanding by Royal Orchid Hotels Limited <BR> along with its subsidiary Company Royal Orchid Goa Private Limited with<BR> Vascon Engineers Limited, Shri R. Vasudevan HUF and<BR> Conamore Resorts Private Limited to acquire the<BR> remaining 50% stake in Cosmos Premises Pvt Ltd by ROHL in lieu of 100% stake in<BR> Rivershore Developers Pvt Ltd and settling of liabilities in the books of RS DP<BR> and intimation dated October 21, 2021 on the extension of the aforesaid MOU, we have<BR> great pleasure in informing all the stakeholders that , pursuant to the aforesaid MOU the<BR> respective share purchase agreements have been executed by ROHL with the aforesaid<BR> parties on November 01 , 2021 for executing the aforesaid transaction. | |
| View all announcements for ROYAL ORCHID HOTELS LTD. | Source: BSE India |
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