The Board of Directors of Viceroy Hotels Limited at its meeting held on Monday, the 01st day of December, 2025 at 10:45 A.M. at considered and approved the acquisition of M/s. SLN Terminus Hotels and Resorts Private Limited for Rs. 206.00 Crores.
The Company operates a Marriott-associated hotel on leased premises (9th-12th floors) with 75 long-stay rooms, admeasuring 1,65,000 sq. ft. plus parking and an undivided land share of 2,442 Sq Yds situated at SLN Terminus, Sy.No.133, Gachibowli, Hyderabad owned by its shareholders and others.
The proposed acquisition is in the interest of the listed entity as they facilitate strategic portfolio expansion within the hospitality segment, strengthening the Company's market presence and asset base. The acquisition is expected to generate operational synergies, improve cost efficiency, and optimize resource utilization. Moreover, the entity being acquired is projected to enhance revenue growth and profitability in the coming years. The operational agreement with the Marriott group further aligns with the existing operation of the company.