Samhi Hotels Limited has informed the Exchange about Acquisition of interest in RARE India
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Samhi Hotels' board approved acquiring a 70% partnership interest in RARE India, a Delhi-based firm that aggregates over 60 luxury and conscious-living hotels across India. The total deal is valued at INR 473.9 million, split into two tranches: Tranche 1 (55% stake) by 31 May 2026 and Tranche 2 (additional 15%, reaching 70%) within 12 months thereafter. The consideration includes INR 233.9 million as fresh capital infusion and INR 240 million for buying out existing partners. Samhi also plans to explore a potential affiliation with Marriott International's global distribution system for RARE India. RARE India reported total income of about INR 33 crore in FY25, up from INR 26 crore in FY24, showing steady growth. The deal is not a related-party transaction and fits Samhi's stated acquisition-led growth strategy.
This is a tuck-in acquisition that expands Samhi's reach into curated luxury hospitality distribution without a heavy cash outlay (under INR 48 crore total). The Marriott tie-up potential adds optionality for future revenue growth. Short-term stock impact is likely neutral; long-term impact depends on successful integration and conversion into bookings.