Apollo Sindoori Hotels Limited (NSEI:APOLSINHOT) entered into an agreement to acquire 51% stake in Faber Sindoori Management Services Pvt Ltd. from Edgenta Facilities Sdn Bhd for INR 700 million on November 8, 2022. Vivek Sriram of Khaitan & Co. acted as legal advisor to Edgenta Facilities Sdn Bhd.

Apollo Sindoori Hotels Limited (NSEI:APOLSINHOT) completed the acquisition of 51% stake in Faber Sindoori Management Services Pvt Ltd. from Edgenta Facilities Sdn Bhd for INR 700 million on December 29, 2022.