Apeejay Surendra Park Hotels - Potential Value Unlocking

Company has announced an agressive capex plan in the latest conference call of 1100 cr over next 3 years.

Execution of key projects at Kolkata (Em Bypass), Pune and Navi Mumbai remain a key monitorable.

The acquisition price for Zillion Hotels would be paid in stages and will be part funded by debt. Company has 60 cr cash as of May end.