Samhi Hotels Approves Strategic Investments in Renewable Energy and Executes Group Restructuring
Samhi Hotels Limited announced key corporate developments following its Board of Directors meeting held on Wednesday, April 15, 2026. The board approved two significant transactions aimed at enhancing renewable energy sourcing within its portfolio and undertaking an internal group restructuring.The approved transactions involve acquiring equity interests in two separate energy entities and executing a secondary acquisition to consolidate ownership in a wholly-owned subsidiary.
Boosting Renewable Energy through Clean Max Acquisitions
The company approved the entering into Shareholder’s Agreements with Clean Max Nile Private Limited and Clean Max Solomon Private Limited. This investment aims to secure renewable energy through a Solar group captive arrangement in hotels located in Maharashtra and Karnataka.In each entity, Samhi Hotels plans to acquire a 49% equity interest. This move is designed to enable the associated hotels to achieve a higher percentage of renewable energy offtake and realize annual savings in utility costs.
Key details regarding the acquisitions are as follows:
| Parameter | Clean Max Nile Private Limited | Clean Max Solomon Private Limited |
|---|---|---|
| Investment Amount | INR 1,45,80,000/- | INR 1,45,80,000/- |
| Equity Stake Acquired | 49% | 49% |
| Project Focus | Developing 4.05 MWp solar project in Maharashtra | Developing 4.05 MWp solar project in Karnataka |
| Nature of Transaction | Investment to source renewable energy | Investment to source renewable energy |
Restructuring and Consolidating Duet Hyderabad
The board also approved the investment of funds in one of its wholly owned subsidiaries, Duet India Hotels (Hyderabad) Private Limited. The investment is executed through a secondary acquisition of 2,44,87,096 Compulsorily Convertible Cumulative Preference Shares (CCCPS). These shares are being acquired from another subsidiary, Duet India Hotels (Pune) Private Limited.The total consideration for this secondary acquisition is INR 44,01,80,000/-.
This transaction is part of an internal restructuring initiative within the group, intended to eliminate cross shareholding, simplify the group structure, and address lender and governance concerns.
The details of the investment are summarized below:
| Transaction Aspect | Detail |
|---|---|
| Target Company | Duet India Hotels (Hyderabad) Private Limited |
| Investment Mechanism | Secondary acquisition of 2,44,87,096 CCCPS |
| Shares Acquired | From Duet India Hotels (Pune) Private Limited |
| Total Consideration | INR 44,01,80,000/- |
| Final Stake in Target | 100% (retaining full share capital) |
Through these combined transactions, Samhi Hotels Limited is strategically focusing on integrating clean energy solutions into its operational portfolio while concurrently simplifying its corporate group structure through internal investments.
SAMHI Stock Price Movement
Shares of Samhi Hotels Limited are gaining momentum in live trading, rallying up 3.31% to ₹161.59 as of 2:11 PM today. This upward movement is backed by substantial investor interest, evidenced by the exchange of 589,314 shares so far in the session.Source:
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