Ventive Hospitality Limited has announced the board’s approval for an amendment to its agreement for the subscription of additional Optionally Convertible Debentures (OCDs) in its subsidiary, Soham Leisure Ventures Private Limited. The transaction involves a commitment of Rs. 30 Crores to further support the operations of the Hilton Goa Resort. This strategic investment aims to bolster the financial position of the subsidiary, which maintains a 76% stake held by Ventive.
Strategic Investment in Subsidiary
On May 12, 2026, the Board of Directors of Ventive Hospitality Limited officially approved an amendment to the existing subscription agreement. The company will invest Rs. 30 Crores through the acquisition of 30,00,000 Optionally Convertible Debentures (OCDs) in Soham Leisure Ventures Private Limited, the entity that owns and operates the Hilton Goa Resort.
Financial and Operational Overview
Soham Leisure Ventures, which functions as a subsidiary, has shown consistent growth over the last three years. The company reported a turnover of Rs. 46,18,82,000 for the fiscal year ended 2025, compared to Rs. 45,08,19,000 in 2024 and Rs. 32,15,53,000 in 2023. This sustained performance highlights the underlying value of the hospitality assets in Goa.
Transaction Details
The investment is being conducted at an arm’s length basis at a face value of Rs. 100 per OCD. The deal is a cash-based transaction, and upon the successful allotment of these debentures, the company will finalize the necessary disclosures to the stock exchanges. This move is part of the parent company’s ongoing strategy to strengthen its hospitality portfolio and support the expansion and maintenance requirements of its key property assets.
Source: BSE