Samhi Hotels543984Regulatory approval
Subsidiary receives MIDC Commencement Certificate for proposed hotel building in Navi Mumbai
Samhi Hotels' wholly owned subsidiary Duet India Hotels (Navi Mumbai) received a Commencement Certificate from MIDC, dated 09 October 2026, for its Navi Mumbai asset(s).
- Approval Received
- Commencement Certificate from MIDC
- Certificate Date
- 09 October 2026
- Permit Details
- Building Permit under section 45 of the MR&T.P. Act, 1966
What the subsidiary received
- Duet India Hotels (Navi Mumbai) Private Limited, described in the update as a wholly owned subsidiary of Samhi Hotels Limited, has received a Commencement Certificate from Maharashtra Industrial Development Corporation, referred to as MIDC and described as a Government of Maharashtra undertaking.
- The certificate is dated 09 October 2026.
- It relates to the subsidiary's asset(s) situated in Navi Mumbai.
What the certificate covers
- It permits the subsidiary to carry out development work and a Building Permit under section 45 of the MR&T.P. Act, 1966.
- The purpose stated is to erect the proposed Commercial (Hotel) Building situated on Plot No. D-236 & D-237, in T.T.C. Indl. Area, Navi Mumbai.
Conditions attached
- As stated in the update, the commencement/building permit is subject to certain conditions and requisite environmental clearance.
How a retail investor can read this
- A Commencement Certificate is a construction-stage approval from the local planning or industrial authority. It typically follows earlier land and building-plan clearances and comes at the point where development work and a building permit can be taken up.
- It is a permission to build, not a completion or an operating asset. The hotel becoming operational would be a later stage.
- The permission is for a proposed Commercial (Hotel) Building in Navi Mumbai, which points to a future addition to the company's room supply in that market once the project is built.
- The update itself notes the permit is subject to certain conditions and requisite environmental clearance, so those conditions are the next things attached to this permission.
- The entity receiving the certificate is a wholly owned subsidiary of the company.
How the disclosure was made
- The letter is addressed to BSE Limited (Scrip Code: 543984) and the National Stock Exchange of India Limited (Scrip Code: SAMHI).
- It is signed by Sanjay Jain, Senior Director - Corporate Affairs, Company Secretary and Compliance Officer.
Also from Samhi Hotels
CARE A+/Stable & CARE A1 reaffirmed on SAMHI Hotels and subsidiary bank facilities; company long-term limit cut to Rs.138.17 crore
9 Oct 2026
Samhi Hotels shares traded at a four-month low
28 Sep 2026
Samhi Hotels traded at a 4-month low
28 Sep 2026
Source: BSE · 12 Oct 2026
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