Samhi Hotels Limited · NSE:SAMHI
Samhi Hotels — Merger or Acquisition (March 2026)
14 slides from Samhi Hotels's merger presentation, Mar 5, 2026
Slide 1: Cover letter to stock exchanges
05th March 2026 SAMHI Hotels Ltd. CIN: L55101DL2010PLC211816 To, Regd. & Corp. Office: 5th Floor, Unit No. Office - 11, Worldmark BSE Limited National Stock Exchange of India Limited 4, Asset Area No. LP-1B-04, Department of Corporate Services Listing Department Gateway District, Delhi Phiroze Jeeje
Slide 2: Business Update March 2026
www.samhi.co.in Business Update March 2026 Strategic investment to acquire majority stake in RARE India - an established leisure platform with a plan to scale it into a B2C brand in affiliation with Marriott
Slide 3: Executive summary (1 of 2)
www.samhi.co.in Executive summary (1 of 2) Transaction ▪ SAMHI to acquire 70% in RARE India1 – a platform started in 2003 that supports more than 60 summary small experience led hotels with 990 rooms across India, Bhutan and Nepal ▪ Post SAMHI’s investment, under a proposed affiliation with Marriott
Slide 4: Executive summary (2 of 2)
www.samhi.co.in Executive summary (2 of 2) Rationale ▪ The leisure segment in India and globally has shown phenomenal growth over past few years. Hotels which are relatively smaller and experience led have shown strong pricing power ▪ This transaction allows SAMHI to create scalable brand led platfo
Slide 5: In a regular world, be RARE
www.samhi.co.in “IN A REGULAR WORLD, BE RARE” Page 4
Slide 6: Platform defined by curation and strong legacy
www.samhi.co.in Platform defined by curation and strong legacy 20+ Year Legacy Platform Built on decades of trust, heritage and strong owner relationships – difficult to replicate Owner-Led and Experience-Driven Passionate owners deliver high-touch guest experiences Curated, Not Aggregated Selective
Slide 7: 15 States
www.samhi.co.in 67 Hotels 990 Rooms 15 States 3 Countries (India, Nepal, Bhutan) Average daily stay price of ~₹25,000
Slide 8: Pan India presence across experiential locations
www.samhi.co.in Pan India presence across experiential locations Well diversified portfolio with strong presence across 15+ states in India and international presence in Nepal and Bhutan Retreats by the Hill Retreats & Nature & River Cruises & Forts & Palaces Sea, Lakes & Plantation Stays Wildlife L
Slide 9: How does the partnership work
www.samhi.co.in How does the Outdoor partnership Community of Collection by work RARE owners Marriott Bonvoy ▪ RARE India will enhance its capabilities to support individual properties with stronger direct-to-customer interface, marketing and bookings ▪ Properties will be listed on Marriott.com and
Slide 10: Symbiotic partnership for growth with hotels
www.samhi.co.in Symbiotic Strong RARE community RARE partnership for Focus of this partnership is to support community of RARE owners, The team led by Shoba has built an irreplaceable platform, which growth with hotels who have championed the cause of responsible tourism, local culture & authentic e
Slide 11: Transaction Structure
www.samhi.co.in Transaction Structure Founder / SAMHI Hotels Limited Existing Investor 70% 30% RARE India1 Low entry price and a relatively modest capital Total Investment of ~₹470mn to acquire 70% stake in two tranches2 through primary investment of ~₹230mn in the investment allows for company and
Slide 12: Scalable with strong economics
www.samhi.co.in Scalable with strong economics Current With With Revenue potential of B2B Model B2C transition Network Growth ₹900 – 1,000mn No. of properties # 60+ 60+ 120-150 in medium term Rooms # ~1,000 ~1,000 1,800-2,200 High fee income as more than Subscription fee ₹ mn 25-30 25-30 60-70 70% h
Slide 13: Key risk factors to the proposed transaction
www.samhi.co.in Key risk factors • Not all properties listed currently on RARE India may transition to the Marriott distribution platform within the intended to the proposed timeframe especially if they have conflicting affiliations. However, we expect the portfolio scale to remain intact and grow i
Slide 14: Thank you
Thank you “Travel isn’t always pretty. It isn’t always comfortable. Sometimes it hurts, it even breaks your heart. But that’s okay. The journey changes you – it should change you.” - Anthony Bourdain