Latest Breaking News On - Viceroy hotels limited - Page 1 : comparemela.com

Anirudh Agro Farms has been given the go-ahead by the National Company Law Appellate Tribunal (NCLAT) to acquire the Viceroy Hotel for approximately Rs 150 crore. Anirudh Agro has already provided the necessary funds for the acquisition and plans to expand its presence in the hospitality industry. The Viceroy Hotel, located in Hyderabad, has two hotels operated by Marriott Group with over 400 rooms. The acquisition comes after a resolution plan submitted by CFM Asset Reconstruction was rejected by the NCLAT in September 2021.

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