Abhishek Sanyal 
Dealstreet

Economic Laws Practice advises SAMHI Hotels on sale and transfer of Caspia Hotel

Caspia Hotel was sold off to Deventure Hotel and Resorts for ₹65 crore.

Bar & Bench

Economic Laws Practice (ELP) has advised SAMHI Hotels Limited on the transfer of the business undertaking of the Caspia Hotel on a slump sale basis to Deventure Hotel and Resorts Private Limited for an aggregate consideration of ₹65 crore.

The transaction team was led by Abhishek Sanyal (Partner), with support from Jishnu Dhar (Principal Associate) and Kingshuk Saha (Associate).

Sujjain Talwar (Co-Founding Partner) provided strategic inputs on the transaction.

SAMHI Hotels Limited is a leading investment and development firm focused on ownership of branded hotels across India.

Deventure Hotel and Resorts Private Limited runs a chain of hotels and resorts in North India.

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