Royal Orchid Hotels Ltd
ROHLTD

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Royal Orchids acquires Amartara Hospitality, surges 5%

27:12 , Jan 11,2017 | article

Stock of Royal Orchids Hotels, a small-cap company that operates and manages hotels and resorts, soared more than 10% in intraday trade after the company announced a major acquisition undertaken. Company has acquired 24.9% shares in Amartara Hospitality Private Limited through its subsidiary. Amartara now becomes 100% subsidiary of Royal Orchids.

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