Bengaluru, July 9 -- The share of this company, which is a premier owner, developer, and asset manager of luxury hotels and mixed-use commercial spaces, gained investor traction after approval for acquiring Kelzai Eco.

With a market capitalization of Rs 14,620 crore, Ventive Hospitality Ltd's share on Thursday made a day high of Rs 613.80 per share, up by 3.2 percent from its previous close price of Rs 613.80 per share. The share of the company gave a negative return of 19 percent over the last year.

Acquisition Details

Ventive Hospitality Limited has approved the acquisition of 100 percent Equity Share Capital and 100 percent Preference Share Capital of Kelzai Eco Reserves Private Limited for a cash consideration of Rs 281.88 crore. T...