RCL has subscribed to 1,14,490 equity shares in Pride Hospitality at an issue price of ₹7,091 per share, amounting to ₹81.2 crore. For ANK Hotels, RCL acquired 7,432 equity shares at ₹1,47,059 per share, totalling ₹109.3 crore. The shares of Indian Hotels Company Limited ended 0.6% in the green on Monday, December 1. The stock has fallen over 14% in the year so far.
