SAMHI Hotels Limited announced that its Board has approved the acquisition of a 70% partnership interest in RARE India, a firm specializing in aggregating luxury, conscious-living hotels. The total consideration for the Proposed Transaction is INR 473.9 million, structured across two tranches. This strategic move aligns with SAMHI’s stated strategy for acquisition and turnaround-led growth, aiming to enhance its presence in the experiential luxury travel segment.
SAMHI Approves Significant Investment in RARE India
SAMHI Hotels Limited disclosed the outcome of its Board meeting held on Thursday, 05th March 2026, confirming the approval for a strategic investment in RARE India, a partnership firm based in New Delhi. The transaction involves SAMHI acquiring a 70% (seventy percent) partnership interest and an equivalent share in the firm’s profits.
Transaction Details and Consideration
The total aggregate consideration approved for the Proposed Transaction amounts to INR 473.9 million. This consideration is divided into two primary components:
- A primary capital contribution to the Firm totaling INR 233.9 million.
- The acquisition of partnership interest from existing partners for INR 240.0 million.
The acquisition will occur in two successive tranches:
- Tranche 1: Involves a primary capital contribution of INR 168.9 million and acquisition of partnership interest for INR 144.0 million. This tranche secures an aggregate of 55% shareholding.
- Tranche 2: Involves a primary capital contribution of INR 65.0 million and acquisition of partnership interest for INR 96.0 million, completing the 70% stake acquisition.
The consummation of Tranche 1 is anticipated on or before 31st May 2026, with the second and final tranche expected within 12 months from the completion of Tranche 1.
About the Target Entity: RARE India
RARE India operates a specialized platform focused on luxury and conscious living hotels, acting as an aggregator and representative for over 60 hotels, including palaces, forts, and lodges. Its business involves extensive marketing, PR, creative training, and engagement with tour operators worldwide.
Historical Income Data (Last 3 Years)
The document provided the following total income figures for RARE India:
- Financial Year 2024-25: INR 3,30,16,898
- Financial Year 2023-24: INR 2,58,42,214
- Financial Year 2022-23: INR 2,46,98,173
Strategic Alignment and Future Plans
The Board noted that the Proposed Transaction is fully in line with the Company’s stated strategy centered on acquisition and turnaround-led growth. Furthermore, the Board has approved SAMHI to engage with Marriott International regarding a potential affiliation involving Marriott’s global distribution system and the Firm, signaling future integration opportunities within the luxury hospitality ecosystem.
Source: BSE
