Ventive Hospitality Limited has informed the Exchange about Acquisition
VENTIVE · price
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Ventive Hospitality's board has approved the acquisition of a 76% stake in Soham Leisure Ventures Private Limited, the entity that owns the Hilton Goa Resort. The company will pay Rs. 9.50 crore in cash for the 76% equity stake, with the total enterprise value of the deal at approximately Rs. 320 crores (including land). The target company reported a turnover of Rs. 49.92 crore in FY25, up from Rs. 48.56 crore in FY24 and Rs. 33.41 crore in FY23. The acquisition strengthens Ventive's leisure hospitality portfolio, gives it a foothold in Goa, and adds a Hilton-flagged resort with expansion potential of an additional 64 keys and villa development. The deal is expected to close before the end of Q3 FY26 and is not a related-party transaction.
This is a strategic, growth-oriented acquisition that expands Ventive's resort portfolio and geographic presence into Goa under a premium international brand. For shareholders, it represents a meaningful deployment of capital (enterprise value ~Rs. 320 crores) which could be positive if it accelerates the company's target of doubling its portfolio to ~4,000 keys over five years, though the stock may react to the size of the outlay and integration risks.