BSECompany Update25 Aug 2026 · 25 Aug 2026, 08:58 pm
Increase in the stake by the Step down subsidiary Welgrow Hotels Concepts Private Limited in the LLP namely M/s Manmeera Hospitality LLP from 49% to 99%.
Gourmet Gateway India Ltd · 506134
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Gourmet Gateway India Ltd's step-down subsidiary, Welgrow Hotels Concepts Private Limited, has increased its partnership stake from 49% to 99% in Manmeera Hospitality LLP, a hospitality business.
Analysis Scores
Earnings Impact2/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10
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Full Announcement
Gourmet Gateway India Ltd - 506134 - Announcement under Regulation 30 (LODR)-Acquisition
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Gourmet Gateway India Limited
(Formerly known as Intellivate Capital Ventures Limited)
CIN: L27200HR1982PLC124461
Registered Office: Village Dabodha, Khasra No 4/18,22,23,24,5 //11,6//2,3,4, Tehsil Farrukhnagar, Gurugram,
Haryana, 122506
Corporate Office: 301,302, 3rd Floor, Vipul Agora Mall, MG Road, Sector-28, Gurugram, Haryana-122002
Phone No: 91- 8750131314
Website: www.gourmetgateway.co.in; E-mail: cs@gourmetgateway.co.in
25th August, 2026
The Manager,
Listing Department,
BSE Limited,
20th Floor, P.J. Towers,
Phiroze Jeejeebhoy Towers
Dalal Street, Mumbai – 400 001
BSE Scrip Code: 506134
Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Increase its partnership interest / profit-sharing stake /
acquisition of additional control by in MANMEERA HOSPITALITY LLP by Step-Down Subsidiary
M/s WELGROW HOTELS CONCEPTS PRIVATE LIMITED
Dear Sir/ Ma’am,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, this is to inform you that Welgrow Hotels Concepts Private Limited, a step-down subsidiary of
the Company, has executed a Second Supplementary LLP Agreement on August 25, 2026, to increase its
partnership stake from 49% to 99% in Manmeera Hospitality LLP.
The detailed disclosure with respect to the acquisition as required under Regulation 30(6) read with Para
A (1) of Part A of Schedule III of the Listing Regulations and the SEBI Circular SEBI/HO/CFD/CFD-PoD-
1/P/CIR/2023/123 dated 13th July 2023 is enclosed herewith as ‘Annexure –A’.
You are requested to kindly take the same on your record.
For and on behalf of
Gourmet Gateway India Limited
(Formerly known as Intellivate Capital Ventures Limited)
Narender Kumar Sharma
Company Secretary & Compliance Officer
Gourmet Gateway India Limited
(Formerly known as Intellivate Capital Ventures Limited)
CIN: L27200HR1982PLC124461
Registered Office: Village Dabodha, Khasra No 4/18,22,23,24,5 //11,6//2,3,4, Tehsil Farrukhnagar, Gurugram,
Haryana, 122506
Corporate Office: 301,302, 3rd Floor, Vipul Agora Mall, MG Road, Sector-28, Gurugram, Haryana-122002
Phone No: 91- 8750131314
Website: www.gourmetgateway.co.in; E-mail: cs@gourmetgateway.co.in
ANNEXURE-1
Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 along with read with SEBI Master Circular No.
SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023
Sr. No. Particulars Details
1. Name of the target entity, details in brief Manmeera Hospitality LLP (LLPIN: AAY-8532).
such as size, turnover etc. The LLP is engaged in the hospitality business.
Financial/turnover details are not specified in
the Agreement.
2. Whether the acquisition would fall Welgrow Hotels Concepts Private Limited
within related party transaction(s) and (“Welgrow”), a step-down subsidiary of the
whether the promoter/promoter Company, is the continuing partner in the LLP.
group/group companies have any Accordingly, the Company has an indirect
interest in the entity being acquired: If interest in the LLP through Welgrow. The
yes, nature of interest and whether the reconstitution is pursuant to the LLP
same is done at arm’s length. Agreement.
3. Industry to which the entity being Hospitality
acquired belongs
4. Objects and effects of acquisition The reconstitution is undertaken to
consolidate the partnership interest of
Welgrow in Manmeera Hospitality LLP.
Pursuant to the Agreement, Welgrow’s profit-
sharing interest has increased from 49% to
99%.
5. Brief details of any governmental or No specific governmental/regulatory approval
regulatory approvals required for the is stipulated in the Agreement. Applicable
acquisition statutory filings and legal formalities are to be
completed as required under applicable law.
6. Indicative time period for completion of Pursuant to the Second Supplementary LLP
the acquisition Agreement executed on August 25, 2026.
7. Nature of consideration – whether cash No separate consideration for acquisition of
consideration or share swap and details the incremental partnership interest is
of the same specified in the Agreement. The LLP is required
Gourmet Gateway India Limited
(Formerly known as Intellivate Capital Ventures Limited)
CIN: L27200HR1982PLC124461
Registered Office: Village Dabodha, Khasra No 4/18,22,23,24,5 //11,6//2,3,4, Tehsil Farrukhnagar, Gurugram,
Haryana, 122506
Corporate Office: 301,302, 3rd Floor, Vipul Agora Mall, MG Road, Sector-28, Gurugram, Haryana-122002
Phone No: 91- 8750131314
Website: www.gourmetgateway.co.in; E-mail: cs@gourmetgateway.co.in
Sr. No. Particulars Details
to pay retirement consideration of ₹37.50 lakh
each to the two retiring partners.
8. Cost of acquisition or the price at which Not separately specified for the incremental
the shares are acquired 50% partnership interest.
9. Percentage of shareholding/control Welgrow’s profit-sharing interest in
acquired and/or number of shares Manmeera Hospitality LLP has increased from
acquired 49% to 99%, representing an increase of 50
percentage points.
10. Brief background about the entity Manmeera Hospitality LLP is an LLP operating
acquired in terms of products/line of in the hospitality sector. Pursuant to the
business acquired reconstitution, Welgrow will hold 99% profit-
sharing interest in the LLP.