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    500850   INE053A01029

THE INDIAN HOTELS COMPANY LIMITED

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Indian Hotels : IHCL PARTNERS WITH THE LANDMARK SUDARSHAN BHARAT PARIKRAMA RALLY; ~ Taj hotels will host 47 NSG commandos in five cities across the country during their 7500 km journey

10/13/2021 | 10:53am EST

MUMBAI: Indian Hotels Company (IHCL), South Asia's largest hospitality company, has partnered with the landmark Sudarshan Bharat Parikrama Rally as it hosts the National Security Guard (NSG) commandos at five of its hotels across the country. The rally, which celebrates 'Azadi Ka Amrit Mahotsav' to mark the occasion of India's 75th Independence, will see the 47 NSG commandos stay at Taj hotels in select cities through the course of their journey.

IHCL applauds the devotion and grit of the NSG commandos and is proud to host them at its iconic hotel The Taj Mahal Palace in Mumbai; Taj Mahal, Lucknow; Taj Bengal in Kolkata; Taj Krishna in Hyderabad and Taj Coromandel, Chennai, as they make their way across the length and breadth of India. Flagged off on the occasion of Gandhi Jayanti, the rally will cover a distance of 7500 kms, making its way through 18 key cities in less than a month.

NSG is an elite counter-terror force and the commandos are brave, highly motivated and specially trained to win in the most difficult of situations. Starting from the historic Red Fort in New Delhi, the 'Sudarshan Bharat Parikrama' will tour India's major war memorials and monuments through Agra, Lucknow, Varanasi, Bodh Gaya, Jamshedpur, Kolkata, Bhubaneshwar, Berhampur, Vizag, Vijaywada, Hyderabad, Ongole, Chennai, Bengaluru, Hublii, Mumbai, Ahmedabad and Jaipur, celebrating the dedication and perseverance of the nation's protectors.

IHCL salutes the NSG for their valiant service to the country.

About The Indian Hotels Company Limited

The Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. These include Taj - the iconic brand for the most discerning travelers and the World's Strongest Hotel Brand as per Brand Finance 2021, SeleQtions, a named collection of hotels, Vivanta, sophisticated upscale hotels and Ginger, which is revolutionising the lean luxe segment.

Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel - The Taj Mahal Palace, in Bombay in 1903. IHCL has a portfolio of 225 hotels including 55 under development globally across 4 continents, 12 countries and in over 100 locations. The Indian Hotels Company Limited (IHCL) is India's largest hospitality company by market capitalization. It is primarily listed on the BSE and NSE.

Please visit: www.ihcltata.com ; www.tajhotels.com ; www.seleqtionshotels.com ; www.vivantahotels.com ; www.gingerhotels.com

For more information, please contact: rakhee.lalvani@ihcltata.com

(C) 2021 Electronic News Publishing, source ENP Newswire

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Sales 2022 31 755 M 426 M 426 M
Net income 2022 -2 591 M -34,7 M -34,7 M
Net Debt 2022 50 059 M 671 M 671 M
P/E ratio 2022 -102x
Yield 2022 0,17%
Capitalization 274 B 3 675 M 3 675 M
EV / Sales 2022 10,2x
EV / Sales 2023 7,08x
Nbr of Employees 15 409
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Puneet Chhatwal Chief Executive Officer, Director & MD
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Natarajan Chandrasekaran Chairman
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Uday Narain Chief Operating Officer
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