Vedant Hotels Enters Into An Agreement With Kamat Hotels

Vedant Hotels Ltd has informed that the Company has entered into an Agreement with Kamat Hotels (India) Ltd for Management / operation of The Hotel Vedant at Aurangabad, Maharashtra, for a period of 10 years beginning from February 16, 2007.As per the terms of the agreement, the Hotel will be renamed as Lotus Vedant.The management is of the opinion that, in the long run, this association will prove to be mutually beneficial.The Repairs and Refurbishment of the Hotel is currently in progress.