In a statement to the Bombay Stock Exchange, the company said it had appointed Nita Ambani and three others as additional directors.
RIL & Oberois to have equal shares, post-rights.
ITC, which has a 14.98 per cent stake in EIH Ltd -- the company that runs the Oberoi chain of hotels -- is planning to subscribe to the upcoming EIH rights issue. This ends speculation that it might pull out after Reliance Industries Ltd picked up a stake in EIH.
When there are two wills produced before the court, which one will be executed?
The hotel is equipped with new, clean air technology which promises its guests the cleanest air in the city on par with global standards.