The Indian Hotels Company (IHCL) has completed the acquisition of approximately 51% of the equity share capital of Sparsh Infratech Private Limited for ₹232 crore. The acquisition positions Sparsh Infratech as a subsidiary of IHCL. Sparsh Infratech owns and operates the ‘Atmantan’ health and wellness resort at Mulshi, Maharashtra, marking IHCL’s entry into the integrated wellness segment.
Sparsh Infratech Acquisition Complete
The Indian Hotels Company (IHCL) announced the completion of an agreement to acquire approximately 51% of the equity share capital of Sparsh Infratech Private Limited, the company announced on January 16, 2026. The acquisition, valued at ₹232 crore, marks a significant step for IHCL into a new market segment.
Strategic Rationale
This acquisition represents IHCL’s strategic entry into the integrated wellness segment. Sparsh Infratech, which owns and operates the well-regarded ‘Atmantan’ wellness resort in Mulshi, Maharashtra, is now a subsidiary of The Indian Hotels Company.
Sparsh Infratech Details
Sparsh Infratech Private Limited (SIPL), established in 2007, operates a luxury health and wellness center. SIPL reported a turnover of ₹76.7 crore, EBITDA of ₹37.2 crore and EBIT of ₹29.4 crore for FY 2024-25.
Source: BSE
