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IHCL buys 51 percent stake in Brij Hospitality for Rs 222 crore to deepen expansion

Business
Published on 24 April 2026
IHCL buys 51 percent stake in Brij Hospitality for Rs 222 crore to deepen expansion

Deal turns Brij Hospitality into an IHCL subsidiary

Indian Hotels Company (IHCL), the Tata Group firm, has completed its purchase of a 51% stake in Brij Hospitality for about Rs 222 crore. Through IHCL and its step-down subsidiaries, the transaction includes buying shares from existing shareholders and making a primary investment, bringing Brij Hospitality under IHCL as a subsidiary and strengthening its growth plan.

  • IHCL completed a 51% stake acquisition in Brij Hospitality
  • The deal is valued at around Rs 222 crore
  • Brij Hospitality becomes an IHCL subsidiary after the transaction
  • Funding involved both secondary share purchases and a primary investment
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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