Ventive Hospitality

** Investec starts Leela Palaces LEEA.NS, ITC Hotels ITCT.NS, Ventive Hospitality VENE.NS and SAMHI Hotels SAMH.NS with "Buy"; names Leela and ITC Hotels as top picks

** Brokerage sets PT of 649 rupees for Leela Palaces, 201 rupees for ITC Hotels, 700 rupees for Ventive Hospitality and 208 rupees for SAMHI Hotels

** Says Leela is best placed to benefit from luxury-room scarcity, with its flagship palace hotels commanding a 1.4x industry revenue per available room (revPAR) premium and a pipeline supporting growth through FY31E

** Adds ITC Hotels combines established earnings with capital-efficient expansion, Sri Lanka asset ramp-up and valuation comfort, supporting earnings growth

** Sees upside in Ventive from luxury RevPAR growth, annuity-like cash flows and a pipeline that nearly doubles inventory; while SAMHI's rebranding, new hotel openings and deleveraging are seen supporting faster earnings growth

** YTD, Leela gains 21.4%, while Ventive, ITC Hotels and SAMHI fall 26%, 23% and 11%, respectively

(Reporting by Kashish Tandon in Bengaluru)

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Ventive Hospitality Ltd. said its investment committee approved the acquisition of 100% equity and preference share capital of Kelzai Eco Reserves Private Limited for a cash consideration of ₹282 crore, with the enterprise value set at ₹466 crore. The target holds roughly 420 acres of resort property in the Mumbai Metropolitan Region and recorded nominal revenue of ₹14.25 lakh in the year ended March 2026. The transaction, expected to close within three months, is not a related-party deal. Ventive said the acquisition will establish its footprint in the luxury resort and branded villa segment.

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July 8 (Reuters) - Ventive Hospitality Ltd VENE.NS:

• VENTIVE HOSPITALITY - TO BUY 100% OF KELZAI ECO RESERVES

• VENTIVE HOSPITALITY LTD - DEAL VALUED 2.82 BILLION RUPEES

Source text: ID:nBSE3R4hY7

Further company coverage: VENE.NS

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July 8 (Reuters) - Ventive Hospitality Ltd VENE.NS:

• PARTNERS WITH MARRIOTT TO BUILD 7 HOTELS WITH 1,548 ROOMS IN INDIA, SRI LANKA

Source text: ID:nBSEbzh47n

Further company coverage: VENE.NS

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** Analysts at Kotak Institutional Equities initiate coverage of Ventive Hospitality VENE.NS with "add" rating, sets TP at 770 rupees

** Shares of VENE rise as much as 4.6% to 724.80 rupees amid broader market rally after U.S. President Donald Trump announced a 90-day pause on "reciprocal" tariffs on Wednesday

** Blackstone-backed luxury hospitality owner has 2,036 operational keys in India and Maldives with 367 pipeline keys likely to be commissioned by FY28 - Kotak

** Keys refers to the total number of rooms owned or managed

** Brokerage sees VENE to report 15%/20%/25% CAGRs in revenue/consolidated EBITDA/attributable EBITDA in FY2025-27 on the back of improving occupancy in existing assets

** With Maldives drawing tourists from U.S. and Europe, Kotak expects upper-tier keys in Maldives to witness a CAGR of 5.5% over CY2023-26

** Since listing in late December last year, stock has fallen 0.4%

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624)))

** Carraro India CARD.NS slides 8.5%; Ventive Hospitality VENE.NS drops ~5%

** Senores Pharma SENO.NS down 3% and Tolins Tyres TOLI.NS flat

** 3-months lock-in expires for VENE (2% shares), CARD (5%) and SENO (7%); and 6-month lock-in expires for TOLI (54%), per Nuvama

** Since Dec 30 listings, VENE up 10% and SENO surges ~47%, while CARD tumbled 55%

** TOLI slides 49% since Sept 16 listing

** 72 lock-ins expire from March 17 to May 30 but not all shares will be for sale given promoters' sizeable stakes -Nuvama

(Reporting by Manvi Pant in Bengaluru)

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Feb 12 (Reuters) - Ventive Hospitality Ltd VENE.NS:

• VENTIVE HOSPITALITY DEC-QUARTER CONSOL NET PROFIT 222.6 MILLION RUPEES

• VENTIVE HOSPITALITY LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.34 BILLION RUPEES

Source text: [ID:]

Further company coverage: VENE.NS

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Jan 21 (Reuters) - Ventive Hospitality Ltd VENE.NS:

• ENTERS DEED OF GUARANTEE WITH ICICI BANK TO PROVIDE CORPORATE GUARANTEE

Source text: ID:nNSE9SVbc8

Further company coverage: VENE.NS

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Jan 10 (Reuters) - Ventive Hospitality Ltd VENE.NS:

• APPROVES INVESTMENT IN SS & L BEACH , MALDIVES PROPERTY HOLDINGS

• INVESTMENT IN MALDIVES PROPERTY HOLDINGS USD 51 MILLION

• INVESTMENT IN SS & L BEACH USD 41 MILLION

Source text: ID:nBSEbrmTVF

Further company coverage: VENE.NS

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** Shares of Ventive Hospitality VENE.NS climb 12.8% to 725.50 rupees, valuing the Blackstone-backed hotel operator at 169.43 bln rupees ($1.98 bln)

** Stock opened at 716 rupees on National Stock Exchange vs issue price of 643 rupees

** Co, which operates luxury hotels including Marriott and Hilton, sold only new shares in its 16-bln-rupee IPO

** IPO proceeds to be used for repaying debt which stood at 36.10 bln rupees as of Sept. 2024, prospectus shows

** The IPO was subscribed nearly 10x and got bids worth 91.13 billion rupees at the end of the 3 days of bidding which started on Dec. 20

($1 = 85.4850 Indian rupees)

(Reporting by Kashish Tandon in Bengaluru)

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