Hot Pursuit     25-Jan-23
Kamat Hotels to raise Rs 297 cr via debentures
The board of Kamat Hotels (India) has approved allotment of debentures worth Rs 297.50 crore to non promoters.
The company will allot 29,750, 14% secured, rated, listed, redeemable, non convertible debentures having face value of Rs 1 lakh each to four non promoters. The said debentures will be listed on the stock exchanges.

The investors include NCUBE Ventures, SBI Funds Management, Purple Clover Tree and SBI FM Special Situation Fund I.

Kamat Hotels (India) is engaged in the hospitality business. The company reported consolidated net profit of Rs 2.37 crore in Q2 FY23 as compared to net loss of Rs 6.83 crore in Q2 FY22. Net sales surged 86.4% YoY to Rs 61.73 crore in Q2 FY23.

The scrip rose 0.63% to Rs 126.85 on the BSE.

Previous News
  Kamat Hotels (India) reports consolidated net loss of Rs 9.17 crore in the June 2020 quarter
 ( Results - Announcements 14-Sep-20   17:12 )
  Kamat Hotels (India) to convene AGM
 ( Corporate News - 11-Sep-24   10:21 )
  Kamat Hotels (India) consolidated net profit declines 1.27% in the June 2019 quarter
 ( Results - Announcements 05-Aug-19   15:27 )
  Kamat Hotels (India) to hold AGM
 ( Corporate News - 11-Sep-24   10:36 )
  Kamat Hotels (India) reports consolidated net profit of Rs 2.37 crore in the September 2022 quarter
 ( Results - Announcements 12-Nov-22   14:46 )
  Kamat Hotels (India) consolidated net profit declines 3.60% in the June 2024 quarter
 ( Results - Announcements 12-Aug-24   17:00 )
  Kamat Hotels (India) to hold board meeting
 ( Corporate News - 27-Jul-16   16:10 )
  Kamat Hotels (India) schedules AGM
 ( Corporate News - 09-Sep-20   14:27 )
  Kamat Hotels to raise Rs 297 cr via debentures
 ( Hot Pursuit - 25-Jan-23   12:13 )
  Kamat Hotels (India) reports standalone net loss of Rs 5.93 crore in the June 2020 quarter
 ( Results - Announcements 14-Sep-20   17:12 )
  Kamat Hotels India net profit rises 6.67% in the September 2011 quarter
 ( Results - Announcements 05-Nov-11   18:03 )
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