Viceroy Hotels Gains After Kamath Founders Take 6.72% Stake Shares of Viceroy Hotels rose 2% after Zerodha founders Nithin and Nikhil Kamath acquired a 6.72% stake in th...
Shares of Viceroy Hotels rose 2% after Zerodha founders Nithin and Nikhil Kamath acquired a 6.72% stake in the company.
The investment by the two Zerodha founders was followed by a 2% increase in Viceroy Hotels’ share price. The available information does not provide further details on the transaction, including its value, timing or the purpose of the stake.
The acquisition gives Nithin and Nikhil Kamath a combined 6.72% holding in Viceroy Hotels. The share movement reflects the immediate market response reported after the stake purchase.
No additional details have been provided on the company’s operations, future plans or the investors’ involvement following the acquisition.
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