Viceroy Hotels Acquires SLN Terminus for Rs. 206 Crores
Filing Summary
Viceroy Hotels Limited has received shareholder approval for the acquisition of SLN Terminus Hotels and Resorts Private Limited. The transaction, valued at Rs. 206 Crores, involves cash consideration and includes the purchase of land, inter-corporate loans, and shares. SLN Terminus operates a Marriott-associated hotel in Hyderabad. The acquisition is classified as a related party transaction due to shared directorship. Completion is expected within a year from December 27, 2025. 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 its shareholders for the acquisition of SLN Terminus Hotels and Resorts Private Limited. The decision was made during the Extra-Ordinary General Meeting held on December 27, 2025. The acquisition involves the purchase of a company that operates a Marriott-associated hotel in Hyderabad, India. This transaction will result in SLN Terminus becoming a wholly owned subsidiary of Viceroy Hotels Limited.
The total consideration for the acquisition is Rs. 206 Crores, which will be paid in cash. The breakdown of the payment includes Rs. 105.65 Crores for the purchase of land on which the executive apartments are located. Additionally, Rs. 40.67 Crores will be provided as inter-corporate loans to SLN Terminus to repay existing debt. The remaining Rs. 59.67 Crores will be used to purchase equity and preference shares from current shareholders. The transaction is subject to necessary adjustments at the time of payment, excluding registration fees.
SLN Terminus operates a hotel on leased premises, covering floors 9 to 12, with 75 long-stay rooms. The property includes a total area of 165,000 square feet plus parking and an undivided land share of 2,442 square yards. The hotel is associated with the Marriott group, aligning with Viceroy Hotels’ existing operations. The acquisition is classified as a related party transaction, as Mr. S. Prabhaker Reddy holds directorship roles in both Viceroy Hotels and SLN Terminus. The transaction is conducted at arm’s length, based on valuation reports.
The acquisition does not require any governmental or regulatory approvals in India. The transaction is expected to be completed within one year from the date of shareholder approval, which is December 27, 2025. This strategic move is intended to expand Viceroy Hotels’ portfolio within the hospitality industry.
Viceroy Hotels Limited is focused on expanding its presence in the hospitality sector. The company aims to enhance its market position through strategic acquisitions and partnerships. By integrating SLN Terminus into its operations, Viceroy Hotels seeks to strengthen its asset base and operational capabilities.