January 11, 2017 / 6:22 AM / 6 months ago

BRIEF-Royal Orchid Hotels buys 24.9 pct stake in unit Amartara Hospitality

1 Min Read

Jan 11 (Reuters) - Royal Orchid Hotels Ltd :

* Says company has acquired 24.9 % shares in unit Amartara Hospitality Private Limited

* Says Amartara Hospitality Private Limited has become 100% subsidiary of Royal Orchid Hotels Limited

* Says consideration for deal in cash

* Says deal for 25 million rupees Source text: bit.ly/2ihq7mk Further company coverage:

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