Key Details
Symbol (NSE): VENTIVE
Corporate Action: Scheme of Amalgamation (Merger)
Record Date: Not Specified
Nature of Scheme: Amalgamation/Merger of group companies
Entities Involved:
- Transferor Company: Sun Leisure (India) Private Limited (wholly owned subsidiary of Soham Leisure Ventures Private Limited)
- Transferee Company: Soham Leisure Ventures Private Limited (subsidiary of Ventive Hospitality Limited)
Demerged Company: Sun Leisure (India) Private Limited
Resulting Company: Soham Leisure Ventures Private Limited
Share Entitlement Ratio: Not Specified
Implied Capital Structure Impact: Not Specified
Post-Allotment Listing Plan: Not Specified
Regulatory and Approval Status: Subject to requisite statutory and regulatory approvals
Effective Date: Not Specified
Financial Rationale:
- The Transferor Company and Transferee Company are part of the same group and engaged in similar line of hospitality business
- Consolidation by way of merger would lead to more efficient utilization of resources, cashflows and assets
- Will create a stronger base for future growth
- Will enable effective management and unified control of operations
- Will create a more investor friendly structure by bringing all business under the Transferee company
Impact on Shareholders: Not Specified
Financial Metrics of Entities:
- Sun Leisure (India) Private Limited:
- Paid Up Capital (as on March 31, 2026): ₹5,00,00,000
- Turnover (as of March 31, 2026): ₹2,06,30,000
- Soham Leisure Ventures Private Limited:
- Paid Up Capital (as on March 31, 2026): ₹29,55,99,900
- Turnover (as of March 31, 2026): ₹40,66,40,000
Transaction Details:
- Consideration: Not Applicable (no cash consideration mentioned)
- Related Party Transaction: Yes, falls within Related Party Transactions
- Arm's Length Basis: Yes, conducted at arm's length
- Change in shareholding pattern of listed entity: Not applicable
Approval Process:
- Board Meeting Date: August 04, 2026
- Meeting Time: Commenced at 5:30 PM, concluded at 6:30 PM
- Approved by: Board of Directors of Ventive Hospitality Limited
Regulatory Compliance:
- Disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Reference to SEBI Circular No. SEBI HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
- Information available on company website: www.ventivehospitality.com
Company Information:
- Formerly known as: VENTIVE HOSPITALITY PRIVATE LIMITED and ICC REALTY (INDIA) PRIVATE LIMITED