Board Approves Merger with The Indian Hotels Company Limited (IHCL)
Oriental Hotels Limited · ORIENTHOT · NSE ·
The Board of Directors has approved a scheme for the amalgamation of Oriental Hotels Limited (OHL) with its promoter, The Indian Hotels Company Limited (IHCL). Shareholders of OHL will receive **25 equity shares of IHCL** for every **117 equity shares of OHL** they hold. The merg…