Ventive Hospitality Limited announced that its Investment Committee approved the acquisition of two key entities on March 30th, 2026. This includes 50.02% stake in Narmada Estates Private Limited (a land holding company near Pune) and 100.00% stake in Sun Leisure (India) Private Limited, strengthening its portfolio in Goa. The total consideration for the Sun Leisure acquisition is ₹0.50 Crores, while the Narmada acquisition involves an infusion of ₹88.68 Crores.
Ventive Hospitality Announces Strategic Acquisitions
On Monday, March 30th, 2026, the Investment Committee of Ventive Hospitality Limited sanctioned the acquisition of two entities aimed at strengthening its portfolio. The meeting commenced at 5:00 P.M. IST and concluded at 5:15 P.M. IST. The acquisitions are detailed below:
Acquisition 1: Narmada Estates Private Limited
Ventive’s material subsidiary, Panchshil Corporate Park Private Limited, will acquire a 50.02% stake in Narmada Estates Private Limited. The primary motivation is acquiring a land parcel near the existing hotel, “The Ritz-Carlton, Pune.” This is classified as a land holding company.
- Consideration: ₹88.68 Crores (Rupees Eighty-Eight Crores and Sixty-Eight Lakhs only) via primary infusion for Equity.
- Enterprise Value: Approximately ₹99.55 Crores.
- Target Entity Size (as of 31.03.2025): Authorised Capital was ₹5,00,000; Paid-up Capital was ₹1,00,000.
- Turnover (Last 3 Years): The company reported Nil turnover for 2025, 2024, and 2023, as its operations are concentrated in Pune.
Acquisition 2: Sun Leisure (India) Private Limited (SOL DE GOA)
Ventive’s subsidiary, Soham Leisure Ventures Private Limited, is acquiring a 100.00% stake in Sun Leisure (India) Private Limited. The stated purpose is to strengthen Ventive’s leisure hospitality portfolio in Goa.
- Consideration: Aggregate consideration of ₹0.50 Crores (Rupees Fifty Lakhs only) for Equity.
- Enterprise Value: ₹23.05 Crores (Rupees Twenty-Three Crores and Five Lakhs only). This includes Debt of ₹22.55 Crores.
- Target Entity Size (as of 31.03.2025): Authorised Capital was ₹25,00,00,000; Paid-up Capital was ₹5,00,00,000.
- Turnover (Last 3 Years): The company is engaged in the hospitality business. Turnover for 2025 was ₹22,884 thousand, 2024 was ₹22,974 thousand, and 2023 was ₹21,417 thousand.
Related Party Disclosure and Timeline
The acquisition of Narmada Estates does not formally qualify as a related party transaction for Ventive. However, due to a common director between the Target entity and the Company’s Subsidiary, the transaction will be regarded as a related party transaction for the acquiring company. Both transactions have an indicative time period for completion set at 3 Months, and no governmental or regulatory approvals were required.
Source: BSE
