Kamat Hotels (I) Limited has informed the Exchange that, Board of Directors in their meeting held today i.e. 8th November, 2025 decided to withdraw from the Scheme of Arrangement (Merger by Absorption) between Savarwadi Rubber Agro Private Limited (SRAPL), Treeo Resort Private Limited (TRPL) and Kamat Hotels (India) Limited (KHIL).
KAMATHOTEL · price
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Kamat Hotels (I) Limited's Board of Directors, at their meeting held on 8th November 2025, decided to withdraw from a previously proposed Scheme of Arrangement (Merger by Absorption). The scheme involved Savarwadi Rubber Agro Private Limited (SRAPL), Treeo Resort Private Limited (TRPL), and Kamat Hotels (India) Limited (KHIL). With this decision, the proposed merger will no longer proceed. The announcement does not specify the reasons for the withdrawal.
The proposed merger is officially called off, meaning any expected synergies, consolidation benefits, or structural changes tied to this deal are now off the table. Short-term stock movement is possible as the market adjusts to the scrapped merger plan, but no immediate financial impact is indicated.