Oriental Hotels to merge with Tata Group’s IHCL
The Indian Hotels Company Limited (IHCL) has announced a merger with its associate company, Oriental Hotels Limited (OHL), in an all-stock transaction. The deal aims to simplify the group's structure and unlock the value of OHL's portfolio of premium hotel assets.
Why it matters
This consolidation within the Tata Group's hospitality arm reflects a strategic move to optimize assets and strengthen market positioning in the luxury hotel sector.
The Indian Hotels Company Limited (IHCL), India’s largest hospitality company belonging to the Tata Group, has announced that Oriental Hotels Limited (OHL) will be merged with it through a Scheme of Arrangement.
The Scheme of Arrangement proposes a share exchange ratio of 25 IHCL shares for every 117 OHL shares and is an all-stock transaction.
The completion of the merger is targeted in the second half of FY28, and the Appointed Date is April 1, 2027.
Puneet Chhatwal, Managing Director & Chief Executive Officer, IHCL said, “In line with our Accelerate 2030 strategy of creating value, simplifying the group’s holding structure and unlocking the full potential of OHL portfolio including iconic assets like Taj Coromandel, Chennai, Taj Fisherman’s Cove Resort & Spa, Chennai and Taj Malabar Resort & Spa, Cochin, the Boards of IHCL and OHL have today (24, August 2026) approved this merger.”
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