Oberoi Realty consortium completed payment of ₹919.25 crore Resolution Money for Hotel Horizon Private Limited acquisition under IBC.
Oberoi Realty acquired 49.999% stake in HHPL through ₹49.99 lakh equity investment and ₹459.95 crore unsecured loan.
HHPL's Monitoring Committee ceased on May 7, 2026, with board reconstituted and management control transferred to consortium.
The acquisition follows NCLT Mumbai's approved Resolution Plan with payment extension granted until May 7, 2026.