IHCLs merger with Oriental Hotels is expected to be EPS accretive and strengthen its presence in South India, according to brokerages. Nomura, Goldman Sachs and JM Financial retained Buy ratings on IHCL, citing potential cost synergies, asset optimisation and direct ownership of key properties. The merger is expected to close in FY28.

Oriental Hotels Limited's board approved an amalgamation scheme with The Indian Hotels Company Limited. This significant merger requires approvals from regulatory bodies and…

Indian Hotels Company Limited will merge with Oriental Hotels Limited through a Scheme of Arrangement. This merger aims to simplify the group's holding structure and unlock…

Oriental Hotels merges with IHCL in an all-stock deal, enhancing portfolio value and strategic investments by 2028.