Fidelity has announced the acquisition of 10,078,650 shares, representing 4.53% of the total share capital, in Samhi Hotels Limited. This acquisition increases Fidelity’s total voting rights in the company to 5.06%. The transaction was completed on September 1, 2026, through an open market purchase, marking a notable change in the shareholding structure of Samhi Hotels.
Fidelity Increases Stake in Samhi Hotels
Fidelity, through its various funds managed by FMR LLC and FIL Limited, has completed the acquisition of a substantial number of shares in SAMHI HOTELS LIMITED. The acquisition involved 10,078,650 shares, which translates to 4.53% of the total share capital and voting rights before the acquisition. This move positions Fidelity as a significant stakeholder in the company.
Details of the Acquisition
The acquisition was executed via an Open Market transaction. Following this transaction, Fidelity’s total holding in Samhi Hotels Limited, including shares held by Persons Acting in Concert (PACs), increased to 11,253,650 shares. This represents 5.06% of the total diluted share capital and voting rights of the target company. The equity share capital of Samhi Hotels Limited remained constant at 222,359,672 before and after the said acquisition.
Acquisition Date and Future Implications
The date of acquisition, or the date of receipt of intimation of allotment of shares, was recorded as September 1, 2026. This acquisition does not involve any warrants or convertible securities, as per the disclosure. The detailed breakdown of funds and their respective holdings is provided in the accompanying schedule, highlighting the structured approach to this investment by Fidelity.
Source: BSE
