Viceroy Hotels acquires SLN Terminus for ₹206 cr

Viceroy Hotels Limited has received shareholder approval to acquire SLN Terminus Hotels and Resorts Private Limited for ₹206.00 crore, following an extraordinary general meeting. The strategic acquisition marks a significant expansion move for the hospitality company as it strengthens its portfolio with a premium Marriott-associated property.

Target Property Details

SLN Terminus Hotels and Resorts Private Limited operates a Marriott-associated hotel on leased premises at SLN Terminus, Gachibowli, Hyderabad. The property represents a substantial hospitality asset in one of Hyderabad's key business districts.

Property Feature	Specification
Total Rooms	75 long-stay rooms
Floor Coverage	9th to 12th floors
Built-up Area	Approximately 1.65 lakh sq. ft.
Land Share	About 2,442 square yards (undivided)
Additional Facilities	Parking facilities
Location	SLN Terminus, Gachibowli, Hyderabad

Transaction Structure and Timeline

The acquisition will be executed entirely through cash consideration, with SLN Terminus Hotels and Resorts set to become a wholly owned subsidiary of Viceroy Hotels Limited upon completion. The transaction is expected to be finalized within one year from the date of shareholder approval.

Transaction Details	Information
Total Consideration	₹206.00 crore
Payment Method	All-cash transaction
Completion Timeline	Within one year
Post-acquisition Status	Wholly owned subsidiary

Related Party Transaction Disclosure

According to exchange filings, the acquisition qualifies as a related-party transaction due to the dual role of S. Prabhaker Reddy, who serves as both a director of Viceroy Hotels and the managing director of the target company. The company has emphasized that the deal has been conducted at arm's length, supported by independent valuation reports to ensure fair pricing and transparency.

Strategic Rationale and Expected Benefits

Viceroy Hotels stated that the proposed acquisition aligns with its strategic objective to expand its hospitality portfolio and strengthen market presence. The company anticipates multiple benefits from this transaction:

Operational synergies through integrated management systems
Improved cost efficiencies via economies of scale
Optimized resource utilization across the expanded portfolio
Revenue growth contribution from the additional property
Enhanced profitability in the coming years

The acquisition positions Viceroy Hotels to capitalize on the growing hospitality demand in Hyderabad's commercial hub while adding a premium Marriott-associated property to its asset base. The strategic location in Gachibowli, combined with the property's long-stay room configuration, offers potential for sustained occupancy and revenue generation.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.07%	+11.60%	+13.04%	+52.48%	+22.11%	+5,242.34%

Viceroy Hotels Limited has successfully completed the acquisition of SLN Terminus Hotels and Resorts Private Limited following shareholder approval at its Extra-Ordinary General Meeting held on December 27, 2025. The company disclosed the acquisition completion under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, marking a significant expansion in its hospitality portfolio.

EGM Results and Shareholder Approval

The EGM was conducted through video conferencing with 55 members participating, commencing at 11:00 AM IST and concluding at 11:33 AM IST. All five resolutions were passed with overwhelming majority support, demonstrating strong shareholder confidence in the company's strategic direction.

Meeting Details:	Information
Date:	December 27, 2025
Time:	11:00 AM - 11:33 AM IST
Mode:	Video Conference
Scrutinizer:	M/s. S.S. Reddy & Associates
Remote E-Voting Period:	December 24-26, 2025

Acquisition Details and Target Company Profile

SLN Terminus Hotels and Resorts Private Limited operates a Marriott-associated hotel on leased premises spanning the 9th to 12th floors with 75 long-stay rooms. The property measures 1,65,000 sq. ft. plus parking and includes an undivided land share of 2,442 Sq Yds situated at SLN Terminus, Sy.No.133, Gachibowli, Hyderabad.

Target Company Financials:	FY 2024-25 (₹ Lakhs)
Turnover:	4,345.21
Profit After Tax:	598.39
Net Worth:	864.32
Industry:	Hospitality

Related Party Transaction and Strategic Rationale

The acquisition constitutes a related party transaction as Mr. S. Prabhaker Reddy serves as a director at Viceroy Hotels Limited and Managing Director of SLN Terminus Hotels and Resorts Private Limited. The transaction was conducted at arm's length based on valuation reports obtained, ensuring fair pricing and regulatory compliance.

Voting Results Summary

All resolutions received strong shareholder support with over 99% approval rates:

Resolution Type:	Votes in Favor	Votes Against
Director Appointments (2):	5,83,43,537 (99.98%)	9,569 (0.02%)
Corporate Structure Changes (2):	5,83,43,525 (99.98%)	9,569 (0.02%)
Related Party Transaction:	15,01,059 (99.34%)	9,930 (0.66%)

Strategic Impact and Future Outlook

The acquisition facilitates strategic portfolio expansion within the hospitality segment, strengthening Viceroy Hotels' market presence and asset base. The company expects the acquisition to generate operational synergies, improve cost efficiency, and optimize resource utilization. The operational agreement with the Marriott group aligns with the company's existing operations, positioning it for enhanced revenue growth and profitability. The board had initially approved the acquisition proposal on December 1, 2025, with the current disclosure following shareholder approval as required under SEBI regulations.