Spectrum Foods Limited, "Company", has signed a non-binding Letter of Intent (LOI) with Intercontinental Hotels Group, IHG, a leading British Hospitality MNC, for the management and branding of our Company's upcoming 5-star Pushkar hotel under the upscale 'voco' brand.
Key Points:
- Proposed Property Launch by June 2025
- Resort Size of 185 Rooms (138 Keys Phase I + 47 Keys Phase II)
- Resort Facilities: Pool Villas, Luxury Rooms and Suites, 3 F&B Restaurants, Full-Service Spa, Gymnasium, 5-Star Banqueting, Wedding Gardens, Corporate Events Spaces
- Non-Binding LOI Signed, Hotel Management Agreement (HMA) Subject to Further Commercial Evaluation by SFL Management.
Shares of SPECTRUM FOODS LTD. was last trading in BSE at Rs. 27.13 as compared to the previous close of Rs. 27.64. The total number of shares traded during the day was 605034 in over 1527 trades.
The stock hit an intraday high of Rs. 30.05 and intraday low of 26.01. The net turnover during the day was Rs. 17545083.00. |
