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Pin to quick picksInspiration Hlt Regulatory News (IHC)

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22.50    0.00 (0.00%)
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Spread: 1.00 (4.545%)
Market Cap: £20.17m
IHC Live PriceLast checked at - London Stock Exchange

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Statement re Press Speculation

9 Sep 2009 15:24

RNS Number : 7913Y
India Hospitality Corp.
09 September 2009
 



India Hospitality Corp.

9 September 2009

Statement re Press Speculation

The board of directors of India Hospitality Corp.("the Company") notes the recent press speculation in India and can confirm that they are currently in discussions with Entertainment World Developers ("EWDPL") to run EWDPL's 3-star and 4-star hotels in India.

Discussions are ongoing and the Company will make further announcements in due course.

For Further Information Contact:

India Hospitality Corp. 

Raghavendra Agarwal

+91 22 4090 6148

ragarwal@ihcor.com

www.indiahospitalitycorp.com

Nominated Adviser: Grant Thornton UK LLP 

Fiona Owen / Robert Beenstock

+44 20 7383 5100

Broker: Noble & Company Limited

Sunil Sanikop

+44 20 7763 2200

Media Contact: Mutual Public Relations Ltd.

Harsh Wardhan

+91 11 4362 0700

Investor Relations Contact: Sand Hill RP

Michael A. Tew

mtew@sandhillrp.com

+1 (212) 445-7838 

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.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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