Further to our letter dated November 5, 2024, intimating about entering into an Agreement to acquire, 55% (Fifty-Five percent) of share capital of Rajscape Hotels Private Limited ("Target Company"), by The Indian Hotels Company Limited ("Company") we hereby inform that: The Indian Hotels Company Limited has completed the acquisition of 7,989 equity shares of Rs. 22,100/- each, representing 55% (Fifty-Five Percent) of the issued and paid-up share capital of the Target Company for a total consideration of around Rs. 17.66 Crores (Rupees Seventeen Crores Sixty-Six Lakhs only). Pursuant to acquisition of shares of the Target Company (as detailed above), the Target Company has become a subsidiary of the Company as per the Regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, as amended from time to time.