India Hospitality Corp.
("IHC" or the "Company")
POSTING OF CIRCULAR
The Company has today posted a circular to shareholders convening an Extraordinary General Meeting for the purposes of considering and, if thought fit approving the proposed cancellation of the Company's admission to AIM as announced on 18 January 2012.
The Extraordinary General Meeting of the Company will be held at 9.00 a.m., New York time, on 5 March 2012, at Le Parker Meridien, 119 West 56th Street, New York, NY 10019. Subject to approval of the Resolution by the requisite majority, it is anticipated that trading of the Shares on AIM will cease at the close of business on 12 March 2012 with the Delisting taking effect at 7.00 a.m. on 13 March 2012.
A copy of the circular is available on the Company's website, www.indiahospitalitycorp.com.
For further information contact:
India Hospitality Corp.
Rajesh Mittal
rmittal@ihcor.com
www.indiahospitalitycorp.com
Nominated Adviser: Grant Thornton Corporate Finance
Colin Aaronson, Salmaan Khawaja
+44 20 7383 5100
Broker: Execution Noble & Company Ltd
James Bromhead
+44 20 7456 9191
Media Contact: Mutual Public Relations Ltd.
Harsh Wardhan
+91 11 4362 0700
About India Hospitality Corp.
The Company is present in the hotel & restaurant segments, through its India-based subsidiary Wah Restaurants Private Limited (formerly Mars Restaurants Private Limited) which operates 58 patisseries under the "Birdy's" brand and a hotel in India.
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This information is provided by RNS