29 Oct 2009 16:10
ο»Ώ
India Hospitality Corp.
29Β OctoberΒ 2009
Directorate Change
The Board ofΒ India Hospitality Corp. ("IHC" or "the Company")Β announces the resignation of the non-executive Directors RichardΒ Foyston andΒ NicholasΒ BloyΒ from the board of the Company with immediate effect.Β
Mr Foyston and Mr Bloy were Board members nominated by Navis Management Sdn Bhd, a substantial shareholder of IHC.Β
For Further Information Contact:
India Hospitality Corp.Β
Investor Relations Contact: Sand Hill RP
Michael A. Tew
mtew@sandhilrp.com
+1 (212) 445-7838Β
Media Contact: Mutual Public Relations Ltd.
Harsh Wardhan
+91 11 4362 0700
Β www.indiahospitalitycorp.com
Nominated Adviser: Grant ThorntonΒ Corporate Finance
FionaΒ Kindness/ Robert BeenstockΒ
+44 20 7383 5100
Broker: Noble & Company Limited
Sunil Sanikop
+44 20 7763 2200
About India Hospitality Corp.
India Hospitality Corp. is a diversified pan-Indian hospitality and leisure company. In July 2007, IHC closed on the acquisition of India-based Mars Restaurants Private Limited, an emerging hotel and restaurant company, and SkyGourmet Catering Private Limited, an airline catering company with 2,800 employees across its facilities in India, from Navis Capital Partners and its affiliates.
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