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Merger & Restructuring

Velan Hotels Merger & Restructuring Worth ₹37.16 Cr

Velan Hotels completed the sale of its Tirupur hotel property for Rs.37.16 Crore. The transaction finalizes the disposal after earlier disclosures.

Key figures
Value₹37.16 Cr
Source

BSE filing, NSE: VELHO. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Velan Hotels Ltd: key numbers

Share price
₹6.04
Market cap
₹19.31 Cr
Revenue (annual)
₹0.04 Cr
Net profit (annual)
₹-8.50 Cr
P/E (TTM)
-2.0×Sector 43.7×
Promoter holding
75.00%+0.00% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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