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Advent Hotels to acquire remaining stake in BD And P Hotels for Rs 40 crore As on : 13-Oct-2026

Advent Hotels International Limited, formerly Shiva Realtors Suburban Private Limited, announced it will acquire the remaining 25% equity stake in BD And P Hotels (India) Private Limited for Rs 40,00,00,000, which is currently a 75% subsidiary, making it a wholly owned subsidiary upon completion expected on or before June 30, 2027. BD And P Hotels, incorporated on April 25, 1997, owns and operates the Hilton Mumbai International Airport hotel and reported a turnover of Rs 102,36,75,000 for the financial year ended March 31, 2026.</p>