Oberoi Realty Limited has officially announced the successful completion of the resolution plan for Hotel Horizon Private Limited (HHPL) on May 7, 2026. This finalization marks the “Transfer Date” under the Insolvency and Bankruptcy Code, 2016, following the initial approval by the NCLT, Mumbai, in January 2026. The consortium involved in this acquisition includes Oberoi Realty, Shree Naman Developers, and JM Financial Properties.

The consortium completed the implementation of the Resolution Plan by making a total payment of ₹919.25 Crore. This amount includes the equity subscription of ₹1 Crore for 100% ownership of HHPL. Specifically, Oberoi Realty now holds a 49.999% shareholding in HHPL after infusing ₹460 Crore. This investment consists of 49,999 equity shares at par value (aggregating to ₹49,99,900) and the remaining balance as an unsecured loan. Consequently, the Monitoring Committee has ceased to exist, and HHPL’s management control has vested in the consortium with a newly reconstituted Board of Directors.

Oberoi Realty Limited is a leading premium real estate developer based in Mumbai, focusing on luxury residential, commercial, retail, and hospitality projects. In 2025, the company expanded its footprint by launching Towers B and C in the Jardin project at Oberoi Garden City (OGC) in Thane and commencing operations at Commerz III, its largest office asset. Additionally, it launched the Sky City Mall in Borivali during the same year. Recent updates also include leadership changes, with a new Chief Financial Officer and Independent Director scheduled to join in mid-2026 to steer future growth.

For the third quarter ended December 31, 2025, the company reported a consolidated revenue of ₹1,492.64 Crore, reflecting a 5.80% year-on-year increase from ₹1,411.08 Crore in Q3 FY25. The consolidated net profit for the quarter stood at ₹622.60 Crore, a modest 0.75% rise compared to ₹617.82 Crore in the corresponding quarter of the previous year. Famous institutional investors in the company include the Kotak Midcap Fund and ICICI Prudential Large & Mid Cap Fund, which held significant stakes as of December 2025. Individual promoter Vikas Ranvir Oberoi remains the primary stakeholder with approximately 58.55% ownership.