Kamat Hotels India Ltd (KHIL) has announced the merger of its restaurant business, Kamat Restaurants, and its Lotus Resorts units in Murud and Goa with itself.

As per a PTI report, the board of directors of KHIL has approved, in principle, the amalgamation of Kamat Restaurants, Lotus Resort Murud and Lotus Resort Goa into KHIL at a meeting on March 26, KHIL said in a filing to the Bombay Stock Exchange.

While the restaurant business is run by Kamats Restaurants Pvt Ltd, Lotus Resorts, Murud, is operated by Kamat Holiday Resorts Pvt Ltd and Lotus Resorts, Goa, by Kamats Holiday Resorts (Silvassa) Ltd.

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