Oriental Hotels' Subsidiary Allots 63,000 Equity Shares Worth $1.76 Million

1 min read     Updated on 27 Oct 2025, 05:15 PM
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Overview

OHL International (HK) Limited, a wholly-owned subsidiary of Oriental Hotels Limited, has allotted 63,000 equity shares at USD 28 per share, against a face value of USD 10. The total value of the allotment is USD 1.76 million, occurring on October 25, 2025. This action follows a previous update on an acquisition and has been disclosed under SEBI regulations.

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Oriental Hotels Limited has announced a significant development in its wholly-owned subsidiary, OHL International (HK) Limited. The subsidiary has allotted 63,000 equity shares, marking a notable corporate action that could impact the company's financial structure.

Key Details of the Share Allotment

Aspect Details
Allotting Entity OHL International (HK) Limited
Number of Shares 63,000
Face Value USD 10.00 per share
Issue Price USD 28.00 per share
Total Value USD 1.76 million
Allotment Date October 25, 2025

Background and Implications

This share allotment follows a previous communication from Oriental Hotels Limited dated October 23, 2025, which provided an update on an acquisition. The current disclosure, made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, suggests that this action may be part of a broader strategic move by the company.

The premium pricing of the shares, issued at USD 28.00 against a face value of USD 10.00, indicates a positive valuation of the subsidiary. This could potentially reflect confidence in the company's future prospects or the strategic importance of the ongoing acquisition process.

Regulatory Compliance

Oriental Hotels Limited has promptly informed the National Stock Exchange of India Ltd. and BSE Ltd. about this development, adhering to the regulatory requirements for listed companies. This transparency in corporate actions helps maintain investor trust and complies with market regulations.

While the specific details of the acquisition mentioned in the previous update are not provided in this disclosure, the share allotment appears to be a step in executing the company's strategic plans. Investors and market analysts may want to keep an eye on further developments related to this acquisition and its potential impact on Oriental Hotels Limited's operations and financial performance.

As the hospitality industry continues to evolve, such corporate actions could play a crucial role in shaping the company's future positioning and market competitiveness. However, the full implications of this share allotment and the related acquisition will likely become clearer as more information becomes available in subsequent company disclosures.

Historical Stock Returns for Oriental Hotels

1 Day5 Days1 Month6 Months1 Year5 Years
-0.22%-0.91%-4.52%-11.98%-24.32%+529.80%
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Oriental Hotels Invests USD 1.764 Million in Hong Kong Subsidiary for Debt Repayment

1 min read     Updated on 23 Oct 2025, 09:20 PM
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Reviewed by
Riya DeyScanX News Team
Overview

Oriental Hotels Limited plans to invest $1.764 million (₹15.66 crores) in its wholly-owned subsidiary, OHL International (HK) Limited (OIHK), through a rights issue. The investment involves acquiring 63,000 equity shares at $28 per share. The primary purpose is to channel funds through OIHK to St. James Court Hotels Ltd for debt repayment, aiming to improve the group's international financial operations. The transaction is set to complete by November 7, 2025, without altering Oriental Hotels' 100% ownership in OIHK.

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*this image is generated using AI for illustrative purposes only.

Oriental Hotels Limited , a prominent player in the hospitality sector, has made a strategic move to strengthen its international presence and improve its financial position. The company's Investment Committee has given the green light for a significant investment in its wholly-owned subsidiary, OHL International (HK) Limited (OIHK).

Investment Details

Oriental Hotels will subscribe to a rights issue of OIHK, investing USD 1.764 million (approximately ₹15.66 crores). This investment involves the acquisition of 63,000 equity shares at USD 28 per share, which includes a premium of USD 18 over the face value of USD 10.

Investment Details Value
Total Investment USD 1.764 million
Number of Shares 63,000
Price per Share USD 28.00
Face Value USD 10.00
Premium per Share USD 18.00

Purpose of Investment

The primary objective of this investment is to channel funds through OIHK to St. James Court Hotels Ltd for debt repayment. This move is expected to improve the financial health of the group's international operations.

Subsidiary Performance

OIHK, incorporated on September 8, 1994, operates in the hospitality industry with a presence in Hong Kong. The company has shown fluctuating performance over the past three financial years:

Financial Year Turnover (USD) Turnover (₹ Crores)
FY2024-2025 245,988 2.18
FY2023-2024 506,054 4.49
FY2022-2023 214,816 1.91

Transaction Timeline and Impact

The transaction is scheduled for completion by November 7, 2025. Importantly, this investment will not alter Oriental Hotels' 100% shareholding in OIHK, maintaining the company's full control over its subsidiary.

Regulatory Compliance

The company has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. No governmental or regulatory approvals are required for this acquisition.

This strategic investment by Oriental Hotels Limited demonstrates the company's commitment to strengthening its international operations and optimizing its financial structure. By channeling funds for debt repayment, the company aims to improve the financial stability of its overseas entities, potentially setting the stage for future growth and expansion in the global hospitality market.

Historical Stock Returns for Oriental Hotels

1 Day5 Days1 Month6 Months1 Year5 Years
-0.22%-0.91%-4.52%-11.98%-24.32%+529.80%
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