Juniper Hotels Ltd to submit resolution plan for Gstaad Hotels Pvt Ltd

The Board of Directors of Juniper Hotels Limited (the "Company") at their meeting held yesterday, i.e. Wednesday, November 26, 2025, have considered and approved the proposal relating to the Company's participation in the Corporate Insolvency Resolution Process ("CIRP") of Gstaad Hotels Private Limited, including resolution plan, subject to applicable laws and requisite approvals. The proposed target asset under the CIRP comprises of the five-star hotel property, JW Marriott Bengaluru, situated at 24/1, Vittal Mallya Road, KG Halli, Shanthala Nagar, Ashok Nagar, Bengaluru, Karnataka - 560001.

The claims admitted and determined by the CoC amounts to approximately ₹1,175 Crore only (Rupees One Thousand One Hundred Seventy-Five Crore Only).

The final cost of acquisition is determinable only at the time of submission of the final plan.

Shares of Juniper Hotels Limited was last trading in BSE at Rs. 242.20 as compared to the previous close of Rs. 240.40. The total number of shares traded during the day was 4856 in over 147 trades.

The stock hit an intraday high of Rs. 244.50 and intraday low of 234.00. The net turnover during the day was Rs. 1163578.00.

Source : Equity Bulls

Keywords

JuniperHotels INE696F01016 ResolutionPlan CIRP Insolvency GstaadHotels JWMarriottBengaluru