Ventive Hospitality Limited has announced the approval of its Investment Committee to acquire 100% equity and preference share capital of Kelzai Eco Reserves Private Limited. The acquisition, approved in a meeting held on Wednesday, July 8, 2026, is a strategic move to establish Ventive's presence in the luxury resort and branded villa segment. The company will acquire approximately 420 acres of resort property located in the Mumbai Metropolitan Region (MMR). The total consideration for this acquisition is ₹2,818,795,572 (Rupees Two Hundred Eighty-One Crore Eighty-Seven Lakh Ninety-Five Thousand Five Hundred Seventy-Two Only), to be paid in cash. The enterprise value of the transaction is ₹466 Crore. Kelzai Eco Reserves Private Limited, incorporated on November 29, 1989, operates in the hospitality industry. Its turnover for the fiscal year ending March 31, 2026, was ₹1,425,000. The acquisition is not a related party transaction and is expected to be completed within three months. No specific governmental or regulatory approvals are required for this transaction.
