Economy
Zerodha founders Kamath brothers acquire 6.72% stake in Viceroy Hotels
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THE BRIEF
1
Zerodha founders Nithin and Nikhil Kamath acquired a 6.72% stake in Viceroy Hotels during the September quarter through Kamath Associates and Nksquared.
2
The investment follows the company's financial recovery after completing a Corporate Insolvency Resolution Process and approving a resolution plan in October 2023.
3
In FY26, Viceroy reported a resilient operational performance with revenue at ₹149 crore and an EBITDA improvement of 20.6% year-on-year to ₹44.6 crore.