Ventive Hospitality surges on getting nod to acquire 100% stake in Kelzai Eco Reserves
Ventive Hospitality is currently trading at Rs. 623.85, up by 10.05 points or 1.64% from its previous closing of Rs. 613.80 on the BSE.
The scrip opened at Rs. 629.90 and has touched a high and low of Rs. 634.00 and Rs. 623.85 respectively. So far 2136 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 844.75 on 21-Jul-2025 and a 52 week low of Rs. 542.15 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 639.00 and Rs. 610.05 respectively. The current market cap of the company is Rs. 14661.74 crore.
The promoters holding in the company stood at 88.98%, while Institutions and Non-Institutions held 6.58% and 4.43% respectively.
Ventive Hospitality has received approval for the acquisition of 100% equity share capital and 100% preference share capital of Kelzai Eco Reserves. The total consideration for acquisition is Rs 281.87 crore. The proposed acquisition aims to establish Ventive Hospitality's footprint in the luxury resort and branded villa segment through the acquisition of around 420 acre of resort property in the Mumbai Metropolitan Region (MMR).
The Members of Investment Committee of company, in their meeting held on July 08, 2026, has approved the same.
