SAMHI Hotels shares surge over 5%: Here is all you need to know

“The said EGM Notice is being sent to all the shareholders through electronic mode at their registered e-mail addresses and is available on the company's website,” the firm said.

SAMHI Hotels shares have been in focus last week as well after the company sold a stake in three subsidiaries.

During the intraday period, on Tuesday shares of SAMHI Hotels were trading at ₹184.99 apiece, rising 5.1% on NSE. Over the last month, the stock has zoomed almost 24%. For a six-month period, it has gained 3%; however, year-to-date, it has fallen almost 10%.

Its market capitalisation stood at ₹4,089.66 crore. SAMHI Hotel shares have soared almost 53% from their 52-week low of ₹121.10 apiece.

1. According to CNBC-TV18 reports, GTI Capital Alpha Pvt Ltd offloaded a significant chunk of shares in Samhi Hotels on Monday night, selling 2,081,578 shares, or 0.94%, at an average price of ₹175.55 per share. The transaction suggests a sizeable exit or trimming of stake in the hotel company.
2. A large trade took place in SAMHI Hotels this morning, as per a post on X by CNBC-TV18. As many as 87.21 lakh shares worth ₹152 crore changed hands at ₹176 per share in the block deal window on Tuesday.
3. Last week, the company had entered into a strategic partnership with the leading global institutional investor GIC. The two entities will establish an investment platform (the Joint Venture) for upscale and higher hotel assets in India. Read more

4. The transaction involves three of SAMHI's subsidiaries that own Courtyard & Fairfield by Marriott Bengaluru ORR, Hyatt Regency Pune, and the recently acquired Trinity Hotel in Bengaluru Whitefield.

5. GIC to acquire a 35% stake in these three subsidiaries against an investment of nearly ₹7,520 million (~₹752 crore).

6. The company will be holding its EGM on May 20, 2025.

SAMHI is a prominent branded hotel ownership and asset management platform in India. The company has a long-term management arrangement with three of the established and well-recognised global hotel operators, namely, Marriott, IHG, and Hyatt.

It has a portfolio of 31 operating hotels comprising 4,823 rooms and has a diverse geographic presence in 13 cities across India, including the National Capital Region (NCR), Bengaluru, Hyderabad, Chennai, and Pune.