This is to Inform you that UVS Hospitality And Services Limited has executed the Term Sheet with the Calcio Restaurants Private Limited to acquire the majority stake.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.6 pts more than Nifty Microcap 250 and 4.1 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
UVS Hospitality And Services Ltd has signed a term sheet to acquire a majority equity stake in Calcio Restaurants Private Limited. Calcio operates premium hospitality brands including Dragonfly, Shiloh, Not Just Tamasha, Lord of Drinks, Garnet, Club Iguana, and The Flying Saucer (to be renamed Aomi). The transaction is still at the term sheet stage and remains subject to satisfactory due diligence, execution of definitive agreements, and other customary conditions. Further details will be disclosed after the share acquisition agreement is finalized.
This is a significant acquisition move for UVS Hospitality, giving it a portfolio of well-known premium restaurant and bar brands. If completed, it could materially expand the company's hospitality business and revenue base, though the deal is not yet final and carries execution risk pending due diligence and definitive agreements.