Ventive Hospitality Limited has approved the proposed merger of its wholly owned subsidiary, Sun Leisure (India) Private Limited, into Soham Leisure Ventures Private Limited, another subsidiary. This amalgamation, subject to regulatory approvals, aims to consolidate the company’s hospitality business under Soham Leisure Ventures, potentially leading to more efficient operations and an investor-friendly structure. The merger is intended to create a stronger base for future growth.
Ventive Hospitality Approves Key Merger
Ventive Hospitality Limited announced today that its Board of Directors has approved the proposal for a merger. The transaction involves Sun Leisure (India) Private Limited, a wholly owned subsidiary of Soham Leisure Ventures Private Limited, being merged into Soham Leisure Ventures Private Limited. Soham Leisure Ventures itself is a subsidiary of Ventive Hospitality Limited.
Strategic Rationale for Consolidation
The merger is to be effected by way of a Scheme of Amalgamation and is contingent upon obtaining the necessary statutory and regulatory approvals. The stated rationale for this move includes the consolidation of the group’s hospitality business under a single subsidiary, Soham Leisure Ventures Private Limited. This consolidation is anticipated to foster more efficient utilization of resources, cash flows, and assets. The company believes this will lead to a stronger foundation for future growth and provide a more unified control of operations. Furthermore, the merger is expected to create a more investor-friendly structure by bringing all businesses under the Transferee company.
Entity Details
As of March 31, 2026, Sun Leisure (India) Private Limited had a Paid-Up Capital of ₹5,00,00,000 and a turnover of ₹2,06,30,000. Its business area is Hospitality. Soham Leisure Ventures Private Limited, the Transferee Company, had a Paid-Up Capital of ₹29,55,99,900 and a turnover of ₹40,66,40,000, also operating in the Hospitality sector.
The transaction does not fall within Related Party Transactions as it is between group entities. There is no cash consideration or share exchange ratio involved in this merger, and no change in the shareholding pattern of the listed entity is anticipated as a direct result.
Source: BSE
