Acquiring Company
ITC Hotels
Acquired Company
GHK Hospitality
GurgaonAhmedabadHospitalityHotelDescription
ITC Hotels has successfully acquired 2,82,27,741 equity shares of GHK Hospitality as of September 1. This acquisition enhances ITC Hotels' asset portfolio in Ahmedabad. GHK Hospitality operates Welcomhotel Ahmedabad and has shown annual turnover growth. The deal aligns with ITC's strategy to capitalize on Ahmedabad's year-round demand.
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Based on deal dataFrequently asked
Who acquired GHK Hospitality?
GHK Hospitality was acquired by ITC Hotels, based in Gurgaon. The deal was reported on September 2, 2026. ITC Hotels is a prominent player in the Indian hospitality industry, committed to providing high-quality hotel services. ITC Hotels is privately held.
When did ITC Hotels acquire GHK Hospitality?
ITC Hotels's acquisition of GHK Hospitality was reported on September 2, 2026. ITC Hotels has successfully acquired 2,82,27,741 equity shares of GHK Hospitality as of September 1. This acquisition enhances ITC Hotels' asset portfolio in Ahmedabad. GHK Hospitality operates Welcomhotel Ahmedabad and has shown annual turnover growth. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does GHK Hospitality do?
GHK Hospitality is a public limited company engaged in the hospitality industry. It operates the Welcomhotel Ahmedabad, a recognized hotel with 130 keys. The company has demonstrated consistent growth in annual turnover. It is privately held, operating in Hospitality, and is based in Ahmedabad.
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