The board of directors of EIH will meet on January 23, 2006 to consider the feasibility of restructuring the company by transferring two hotels - The Oberoi Cecil, Shimla and The Trident Hilton, Bhubaneswar - to EIH Associated Hotels. The board of directors of EIH Associated will also meet on the same day to consider the above proposal, and the merger of Indus Hotel Corporation with the company. |