Speciality Restaurants Limited
Code: SPECIALITY | Category: Demerger
Type: Demerger
Event Details
| Announcement Date: | November 20, 2025 |
|---|
Demerger Information
| Resulting Entity: | Speciality Hotels India Private Limited |
|---|---|
| Demerged Business: | Leasehold land categorized as surplus/non-core assets for setting up a separate business of food park |
| Listing Exchange: | BOTH |
| Appointed Date: | 2022-04-01 |
| Board Approval: | 2023-05-29 |
| Shareholder Approval: | 2024-07-01 |
| NCLT Approval: | 2025-08-11 |
| Status: | Nclt_approved |
Rationale
To provide flexibility to develop the leasehold land and unlock its value
Document
View PDF https://nsearchives.nseindia.com/corporate/SPECIALITY_20112025204849_BSENSELETTERDATED20112025.pdfDocument
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