Ventive Hospitality has approved the acquisition of 100% equity and preference share capital of Kelzai Eco Reserves Private Limited for a total consideration of ₹281.88 crore. The transaction, approved by the Members of Investment Committee on July 08, 2026, aims to establish the company's footprint in the luxury resort and branded villa segment. The acquisition includes approximately 420 acres of resort property located in the Mumbai Metropolitan Region (MMR).

Acquisition Details

The key parameters of the transaction are outlined below:

Target Entity Overview

Kelzai Eco Reserves Private Limited, incorporated on November 29, 1989, is engaged in the hospitality business with operations in India. The target entity has an authorised capital of ₹35 crore and a paid-up capital of ₹30.96 crore. The turnover for the entity has been minimal in recent years, reported at ₹1,425,000 for 2026, ₹5,34,000 for 2025, and ₹8,53,000 for 2024. The proposed transaction is not a related party transaction and does not require specific governmental or regulatory approvals.

Eon-Hinjewadi Infrastructure Private Limited, a wholly owned subsidiary of ventive hospitality , has secured a term loan facility aggregating INR 1,100 million from ICICI Bank Limited. The proceeds from this facility are earmarked for the repayment of an existing inter-corporate deposit (ICD) that the subsidiary had availed from its holding company, Ventive Hospitality Limited. This financial restructuring aims to optimize the subsidiary's debt profile.

The transaction was disclosed to the stock exchanges under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that the loan agreement has been finalized and the funds are designated specifically for debt repayment to the parent entity.

Key Transaction Details

The following table outlines the primary details of the term loan facility:

Eon-Hinjewadi Infrastructure Private Limited is a wholly owned subsidiary of Ventive Hospitality Limited. The use of the term loan proceeds to settle the inter-corporate deposit will reduce the financial exposure between the two entities.