Advent Hotels International has announced the acquisition of the remaining 25% equity stake in its subsidiary, BD&P Hotels (India) Private Limited, for Rs 40 crore. This move will make the subsidiary a wholly owned entity, granting Advent Hotels full control over the Hilton Mumbai International Airport property. The transaction is slated for completion by June 30, 2027.
Advent Hotels to Acquire Remaining 25% Stake in BD&P Hotels
Total Consideration: Rs 40 crore | Completion Deadline: June 30, 2027
Reader Takeaway: The acquisition consolidates control over the Hilton Mumbai property, streamlining strategic decision-making for the hospitality segment.
What just happened
Advent Hotels International Limited has signed a Share Purchase Agreement (SPA) to acquire the final 25% equity stake in its subsidiary, BD&P Hotels (India) Private Limited. The company currently holds 75% of the entity and will pay Rs 40 crore in cash through banking channels to reach 100% ownership. The board has confirmed this transaction is not a related party deal.
Why this matters
BD&P Hotels (India) owns and operates the Hilton Mumbai International Airport hotel in Andheri, Mumbai. This 171-key property includes extensive banquet, conference, and retail facilities spread over 1.26 acres. Full ownership allows Advent Hotels to simplify its operational structure and exert total control over this asset.
Context metrics
BD&P Hotels has demonstrated consistent revenue growth, reporting turnovers of Rs 79.57 crore in FY 2023-24, Rs 98.53 crore in FY 2024-25, and Rs 102.37 crore in FY 2025-26.
What to track next
Shareholders should monitor the timeline for the final payment and closing, which is expected to conclude on or before June 30, 2027, as per the terms of the agreement.