Indian Hotels Board Approves Amalgamation of Oriental Hotels with 25:117 Share Swap Ratio
The Indian Hotels Company Limited (IHCL) board approves amalgamation of Oriental Hotels (OHL) with a share exchange ratio of 25 IHCL shares for 117 OHL shares.
ALFA News
Straight from the exchange filing
The Indian Hotels Company Limited (IHCL) board approves amalgamation of Oriental Hotels (OHL) with a share exchange ratio of 25 IHCL shares for 117 OHL shares.