Mumbai, July 16 -- The Indian Hotels Companyhas through a rights issue acquired 3,30,043 equity shares of the face value of Rs 10 at issue price ofRs 5000/- per share, for cash at premium of Rs 4,990 per equity share aggregating toRs 165.02 crore of ELEL Hotels and Investment, wholly- owned subsidiary.

Published by HT Digital Content Services with permission from Capital Market....