Country Club Hospitality to Raise USD 100 Million

Country Club Hospitality, a company that runs clubs and resorts, is planning to get USD 100 million.

They plan to use this money to build new, fancy places for people to relax and have fun in India.

They will build these places like clubs and resorts in many different locations.

The money will come from selling things called GDRs or FCCBs.

The company has already paid off all its debts and is now debt-free.

Besides clubs, the company will also start building houses and businesses in big cities like Mumbai, Delhi, and others.

The company runs many properties already, some they own and others they let other people run.