Date: June 10, 2026
Acquisition Details
Geecee Ventures Limited has made an investment of ₹0.99 crores in Juniper Hotels Ltd (JHL) by acquiring 50,000 equity shares through open market purchase on June 10, 2026. This transaction brings the company's total investment in Juniper Hotels Ltd to ₹2.16 crores.
The acquisition exceeds the disclosure threshold specified in Regulation 30(4)(i)(c) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, triggering this mandatory disclosure.
Investment Context and Impact
The investment represents approximately 0.04% of the paid-up capital of Juniper Hotels Ltd. The company describes this investment as "a miniscule part of the investment portfolio of the Company" and part of its regular investment activities.
Prior to this transaction, the company already held 50,000 equity shares in Juniper Hotels Ltd. The additional purchase of 50,000 shares doubles the company's holding in JHL.
Regulatory and Compliance Aspects
The disclosure is made pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations, with reference to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Key compliance details:
- The acquisition does not fall within related party transactions
- No promoter/promoter group/group companies have any interest in Juniper Hotels Ltd
- The transaction was conducted at arm's length
- No governmental or regulatory approvals were required for this acquisition
Company Background Information
Geecee Ventures Limited provided the following financial information:
- Authorised Capital: ₹300 Crores
- Paid Up Capital: ₹222.50 Crores
- Turnover (FY 2025-26): ₹916.47 Crores
- Profit After Tax (FY 2025-26): ₹146.91 Crores
- Turnover (FY 2024-25): ₹818.02 Crores
- Profit After Tax (FY 2024-25): ₹80.28 Crores