Balance 25% equity shareholding in BD&P Hotels acquired; entity becomes a wholly owned subsidiary
Advent Hotels International has completed the acquisition of the balance 25% equity shareholding in BD&P Hotels (India) Private Limited on October 16, 2026.
By ScoutQuest · · 1 min read
- Stake Acquired
- balance 25% equity shareholding in BD&P Hotels (India) Private Limited
- Completion Date
- October 16, 2026
- Share Purchase Agreement Date
- October 13, 2026
What the company has stated
Advent Hotels International Limited has informed the stock exchanges that it has acquired the balance 25% equity shareholding in BD&P Hotels (India) Private Limited on October 16, 2026.
- The acquisition is in terms of a Share Purchase Agreement dated October 13, 2026.
- With this, the entire equity shareholding of BD&P Hotels is now held by the company or its nominee.
- BD&P Hotels (India) Private Limited has therefore become a wholly owned subsidiary of the company.
- The consideration is paid or payable by the company as per the timelines agreed under the SPA.
- The company had earlier intimated the details on October 13, 2026, and this update records the completion.
In simple terms
A wholly owned subsidiary is a company in which the parent holds the entire equity shareholding, so there are no other equity shareholders in that entity. Here, the company has moved from holding a part of BD&P Hotels to holding all of it, with the balance 25% now acquired.
What to take away
- This is a completion update on a transaction the company had already intimated.
- BD&P Hotels (India) Private Limited now sits in the books as a wholly owned subsidiary.
Also from Advent Hotels International
Advent Hotels to buy balance 25% of BD&P Hotels (India) for Rs.40 crore, making it wholly owned
13 Oct 2026
Independent Director Rajeev RA Resigns, Citing RBI Common-Director Rule on Company's Loan Plans
26 Sep 2026
More numbers
- Balance equity shareholding in BD&P Hotels acquired25%
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