Tata Group’s Indian Hotels Company (IHCL) has approved an all-stock merger with associate firm Oriental Hotels (OHL), bringing seven South Indian hotels, including Taj Coromandel and Taj Fisherman’s Cove, fully under its control. For OHL shareholders, the deal offers a direct stake in a larger, faster-growing hotel major; for IHCL shareholders, it brings new assets alongside some equity dilution. Here’s a clear breakdown of what the merger actually means for investors on both sides of the deal.
