In December 2025, The Indian Hotels Company Limited (IHCL) sold its entire 25.52 percent stake in the Company to the GVK-Bhupal promoter family, and IHCL’s nominee directors stepped down from the Board on 30th December 2025. Formed in 1995 as a joint venture between the GVK-Bhupal family and IHCL, the Company is now owned and led entirely by the promoter family. The new name, Krishna GVK Luxury Hotels Limited, reflects this structure and the Company’s focus on the luxury segment, said a release.In December 2025, The Indian Hotels Company Limited (IHCL) sold its entire 25.52 percent stake in the Company to the GVK-Bhupal promoter family, and IHCL’s nominee directors stepped down from the Board on 30th December 2025. Formed in 1995 as a joint venture between the GVK-Bhupal family and IHCL, the Company is now owned and led entirely by the promoter family. The new name, Krishna GVK Luxury Hotels Limited, reflects this structure and the Company’s focus on the luxury segment, said a release.