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Message: <blockquote data-quote="sherlock" data-source="post: 10787227" data-attributes="member: 106046"><p><strong><span style="font-size: 18px">Citrus buys Lotus travels</span></strong></p><p><span style="font-size: 12px"></span></p><p><span style="font-size: 12px">Citrus Leisure PLC has acquired a 51% stake of Lotus Travels International (Private) Limited for a sum of Rs. 612,000.</span></p><p><span style="font-size: 12px"></span></p><p><span style="font-size: 12px">The Company has purchased 61,200 shares with each share priced at Rs. 10.</span></p><p><span style="font-size: 12px"></span></p><p><span style="font-size: 12px">Lotus travels which functions as a travel agent have been in operation since 2004.</span></p><p><span style="font-size: 12px"></span></p><p><span style="font-size: 12px">Divasa Equity Limited and two individuals hold the rest of the shares of Lotus.</span></p><p><span style="font-size: 12px"></span></p><p><span style="font-size: 12px">Citrus Leisure PLC is engaged in the business of owning and managing hotels and resorts.</span></p></blockquote><p></p>

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