Ventive Hospitality to acquire Kelzai Eco Reserves for INR 282 crore in cash

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

VENTIVE · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.0%Reaction day

₹613.45

prior close

₹624.95

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.9%-0.9% vs market

Hotels & Resorts peers, median of 56sector+1.5%-0.5% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.5 pts less than its Hotels & Resorts peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.9

10m

+0.5

15m

+0.2

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0+1.9-0.9+1.5-0.5

Next day

+1.6+3.3-1.8+2.5-1.0

+1.2+3.5-2.2+2.3-1.1

+0.6+2.4-1.9+1.5-0.9

+1.0+3.1-2.0+1.4-0.4

+0.1+2.6-2.5+1.6-1.5

+1.1+2.1-1.1+0.5+0.6

15d

+2.7+0.9+1.8+0.4+2.3

-3.6+5.5-9.1+0.3-4.0

-7.9+8.1-16.0-3.1-4.8

-10.3+3.5-13.8-5.7-4.7

UpDownMarket · Nifty Microcap 250Sector · Hotels & Resorts peers, median of 56Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Ventive Hospitality will acquire 100 percent of Kelzai Eco Resorts (equity and preference shares) for INR 281.88 crore in cash. Enterprise value is INR 466 crore. The target brings about 420 acres of resort property in Mumbai Metropolitan Region, helping Ventive enter the luxury resort and branded villa segment. Kelzai is in hospitality but had minimal turnover of INR 14.25 lakh in FY26. Deal is not related party. Expected to close in 3 months. No regulatory approvals needed.

Likely market impact

Strategic land bank acquisition of 420 acres in MMR to enter luxury resort segment. Pure cash deal worth INR 282 crore. No open offer triggered.