Royale Manor signs MOU with TCGL

Royale Manor Hotels & Industries Ltd has announced that the Company has signed the Memorandum Of Understanding (MOU) with Tourism Corporation of Gujarat Ltd (TCGL) in the submit of Vibrant Gujarat Global lnvestors-2007 for the new project & expansion of existing project vide worth Rs 130 Cores which give us the employment of 245 employees and expansion of hotel with 100 more rooms conference hall with a capacity for 1000 people at International Airport Circle, Ahmedabad and land acquired at Amiyapur, Dist. Gandhinagar for the construction of Five Star Hotel. The said project will give the Company market net worth expanded up to Rs 200 Crores.

Source : Equity Bulls

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