Itc Hotels Ltd · NSE:ITCHOTELS
Itc Hotels — Merger or Acquisition (May 2026)
9 slides from Itc Hotels's merger presentation, May 15, 2026
Slide 1: Cover letter to stock exchanges: Acquisition - Media Statement and Presentation
15th May, 2026 The Manager The General Manager Listing Department Dept. of Corporate Services National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza P. J. Towers Plot No. C-1, G Block Dalal Street Bandra-Kurla Complex Mumbai 400 001 Bandra (East) Mumbai 400 051 Dear Sirs, Acquisition - Media
Slide 2: Media Statement: ITC Hotels set to acquire a luxury resort in Kumarakom
Media Statement 15th May 2026 ____________________________________________________________________________________________ ITC HOTELS SET TO ACQUIRE A LUXURY RESORT ALONG THE ICONIC BACKWATERS OF KUMARAKOM, KERALA ITC Hotels Limited has today signed definitive agreements for acquisition of a luxury
Slide 3: Acquisition of The Zuri Kumarakom, Kerala Resort & Spa
Acquisition of The Zuri Kumarakom, Kerala Resort & Spa 15th May, 2026
Slide 4: Disclaimer
Disclaimer This presentation contains certain forward-looking statements including those describing the Company’s strategies, strategic direction, objectives, future prospects, estimates etc. Investors are cautioned that “forward looking statements” are based on certain assumptions of future events
Slide 5: Transaction Highlights
Transaction Highlights Acquisition of 100% stake in Zuri Hotels & Resorts Pvt Ltd 18 Acres 72 Villas, Cottages (the entity which owns the Resort) and Rooms of Land Enterprise Value of Rs. 205 crores, on a debt-free and cash-free basis Lush Landscaped Operational with scope subject to customary a
Slide 6: Acquisition Rationale
Acquisition Rationale Accelerating expansion in a strategic, high-potential leisure destination through an established luxury property Value-accretive acquisition led by ARR expansion in an inventory-scarce, luxury market Unlocking hotel’s true potential through brand-led experience and premium serv
Slide 7: Kumarakom: The Crown Jewel of Kerala
Kumarakom: The Crown Jewel of Kerala Unique Luxury Backwaters Experience Development Focus Key Attractions Close Proximity Retreats To be developed as an Backwaters, Cochin Airport, Staycations, ‘Iconic Tourist Site’ under Vembanad Lake, Munnar, Corporate Off-sites, Swadesh Darshan 2.0 Bird Sanctuar
Slide 8: Unlocking Potential
Unlocking Potential Resort to be renovated, upgraded and rebranded as “ITC Hotels” Unlock brand-led value uplift through a seamless blend of - ITC Hotels’ operational excellence and institutional strengths - Resort’s superior ambience, strong infrastructure and established presence Luxury posi
Slide 9: Thank You
THANK YOU Jk ITC HOTELS LIMITED