Viceroy Hotels Approves Acquisition of SLN Terminus for Rs. 206 Crores
Filing Summary
Viceroy Hotels Limited has approved the acquisition of SLN Terminus Hotels and Resorts Private Limited for Rs. 206 Crores. The acquisition involves purchasing land, inter-corporate loans, and shares. SLN Terminus operates a Marriott-associated hotel in Hyderabad. The transaction is classified as a related party transaction due to shared directorship. Completion is expected within a year, pending shareholder approval. No governmental approvals are required. This acquisition will make SLN Terminus a wholly-owned subsidiary of Viceroy Hotels, expanding its hospitality portfolio.
Viceroy Hotels Limited has announced the approval of the acquisition of SLN Terminus Hotels and Resorts Private Limited. This decision was made during the Board of Directors meeting on December 1, 2025. The acquisition will result in SLN Terminus becoming a wholly-owned subsidiary of Viceroy Hotels. SLN Terminus operates a Marriott-associated hotel located in Gachibowli, Hyderabad.
The total consideration for the acquisition is Rs. 206 Crores. This amount is allocated across three main components: the purchase of land for Rs. 105.65 Crores, inter-corporate loans amounting to Rs. 40.67 Crores, and the purchase of shares from existing shareholders valued at Rs. 59.67 Crores. The transaction is structured as a cash consideration. The total consideration is subject to adjustments at the time of payment, excluding registration fees.
SLN Terminus operates a hotel on leased premises, comprising 75 long-stay rooms across the 9th to 12th floors, with a total area of 165,000 square feet. The premises include parking and an undivided land share of 2,442 square yards. The hotel is part of the Marriott network, aligning with Viceroy Hotels’ existing operations. The acquisition is classified as a related party transaction, with Mr. S. Prabhaker Reddy serving as a director at both Viceroy Hotels and SLN Terminus.
The acquisition is expected to be completed within one year from the date of shareholder approval. No governmental or regulatory approvals are required for this transaction. The acquisition process will follow the necessary corporate governance protocols, including shareholder approval.
The parties involved in this transaction include Viceroy Hotels Limited and SLN Terminus Hotels and Resorts Private Limited. Viceroy Hotels will acquire full control over SLN Terminus, integrating it into its hospitality portfolio. The transaction is conducted at arm’s length, based on valuation reports obtained by the company.
SLN Terminus, incorporated in 2014, is part of the hospitality industry, operating a Marriott-associated hotel in Hyderabad. The company reported a turnover of Rs. 4,345 Lakhs for the fiscal year 2024-2025. The acquisition aligns with Viceroy Hotels’ strategic objectives to expand its market presence and asset base within the hospitality sector.
Viceroy Hotels Limited is focused on expanding its hospitality portfolio through strategic acquisitions and partnerships. The company aims to enhance its market presence and optimize resource utilization within the hospitality industry.