Announced Thu, 6 Aug · 19:12 IST
Oberoi Grand Kolkata reopening delayed to September 2028
EIHOTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-7.1%1-day move
₹326.00
prior close
₹320.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-1.2-1.0-1.5-7.1-7.3-8.6-8.0-7.9-9.2————
Up moveDown movePending
AI summary
EIH Limited (Oberoi Group) has informed exchanges that the reopening of The Oberoi Grand in Kolkata has been pushed back to September 2028. The delay is due to construction restrictions in Kolkata and the increased scope of structural restoration and conservation work. The hotel has been undergoing a comprehensive renovation and refurbishment programme. The board noted this update at its meeting on 6 August 2026.
Likely market impact
Negative — prolonged closure of a flagship property means continued loss of revenue and earnings contribution from The Oberoi Grand.