Outcome of Board Meeting

| Updated on March 22, 2013 Published on March 22, 2013

Sinclairs Hotels Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 20, 2013, have approved divestment of 2% of its holdings in Savannah Hotels Pvt. Ltd. (Savannah).

The Company earlier held 51.02% equity of Savannah, consequent to this divestment, Savannah ceases to be a subsidiary of the Company.

Source : BSE - >www.bseindia.com

Published on March 22, 2013
This article is closed for comments.
Please Email the Editor