ITC Hotels will conduct a non-deal roadshow in Hong Kong on September 24, 2026. The physical one-on-one meetings extend the company’s investor engagement calendar beyond its scheduled appearances at three major financial conferences earlier in the month.

The disclosure was filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Diwaker Dinesh, Company Secretary, signed the filing on September 21, 2026.

Expanded Investor Calendar

The company had previously announced participation in forums organized by Jefferies India Private Limited, J.P. Morgan India Private Limited, and BofA Securities India Limited between mid-September and late September 2026. The new roadshow adds a fourth engagement slot at the end of the month.

All meetings are conducted in person. The initial disclosures for the three conferences were signed on September 14, 2026.

ITC Hotels has completed the acquisition of a 100% stake in GHK Hospitality & Infrastructures Limited for an enterprise value of ₹155 crore. The transaction was finalized on September 1, 2026, making GHK a wholly owned subsidiary.

Acquisition details

The following table summarises the key parameters of the transaction:

The acquisition gives ITC Hotels complete control over GHK Hospitality & Infrastructures, consolidating the entity fully within its hospitality operations. The deal involves the purchase of 2,82,27,741 equity shares, comprising 1,54,54,545 shares through primary subscription and 1,27,73,196 shares through secondary purchases.

Strategic rationale

The transaction allows ITC Hotels to expand its owned asset portfolio in Ahmedabad across all market segments. The target entity owns the Welcomhotel Ahmedabad, which features 130 keys and was previously operated by ITC Hotels under an Operating Services Agreement. Management described the move as value-accretive, citing the opportunity to capitalise on Ahmedabad's diversified year-round demand.

Target profile

GHK Hospitality & Infrastructures Limited is a public limited company incorporated on May 10, 2007, with its registered office in Ahmedabad, Gujarat. It is engaged in the hospitality business. The entity is not a related party transaction, and no promoter or group company interest exists in the acquired entity.

Financial performance of GHK

Based on audited accounts, the turnover of GHK over the last three years is as follows:

No governmental or regulatory approvals were required for this acquisition.