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Indian Hotels Infuses $25 Million into Dutch Subsidiary

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Indian Hotels Infuses $25 Million into Dutch Subsidiary

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Indian Hotels Co. Ltd. ( (IN:INDHOTEL) ) just unveiled an announcement.

Indian Hotels Company Limited has infused $25 million as equity into its wholly-owned subsidiary, IHOCO BV, based in the Netherlands. This investment aims to support IHOCO BV’s subsidiaries by facilitating debt repayment and meeting operational needs, thereby strengthening the company’s financial positioning and operational capabilities.

More about Indian Hotels Co. Ltd.

Indian Hotels Company Limited operates in the hospitality industry, focusing on providing hotel services and accommodations. The company is known for its premium hotel offerings and has a significant presence in the market.

Average Trading Volume: 77,124

Technical Sentiment Signal: Buy

Current Market Cap: 1059.3B INR

For an in-depth examination of INDHOTEL stock, go to TipRanks’ Overview page.

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