Delta Corp Limited has informed the Exchange about General Updates
DELTACORP · price
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Awaiting price reaction for this filing.
Delta Corp's wholly owned subsidiary, Delta Penland Limited, has approved the acquisition of a hotel with approximately 107 rooms in Alibagh, Maharashtra, spread over about 2,239 square meters. The property will undergo regularization, upgradation, and renovation to meet company standards before it becomes operational. The board of Delta Penland approved the deal at its meeting on 4th August 2025. The company has not disclosed the purchase price or financial details of the transaction in this filing.
This signals an expansion of Delta Corp's hospitality footprint through its subsidiary, though the lack of disclosed deal value and timeline may limit immediate stock reaction. Investors should watch for further updates on deal cost, expected revenue contribution, and completion timeline.