The hospitality unicorn has written a letter to SEBI stating that the non-binding agreement between the two parties was terminated due to various issues, including non-completion of due-diligence.
The Federation of Hotel and Restaurant Association of India (FHRAI) has written to market regulator SEBI urging it to reject the DRHP and suspend the proposed Initial Public Offer of hospitality major Oyo.In the letter, the FHRAI has claimed .