16 Jul 2026
ITC Hotels signed an agreement to acquire 100 percent of GHK Hospitality and Infrastructures.
The share purchase and subscription agreement adds to the owned-asset base ITC Hotels has been building since its demerger from ITC. The deal landed alongside a Q1 net profit up 35 percent to 180 crore rupees, so the company is adding assets off a strengthening earnings base.
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Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.