Viceroy Hotels Limited, the Hyderabad-based hospitality company operating Marriott-branded properties, has attracted an investment from Zerodha co-founders Nithin Kamath and Nikhil Kamath, who have acquired a combined 6.72% stake in the company. The investment, made through Kamath Associates and Nksquared during the September 2026 quarter, comes as Viceroy Hotels pursues portfolio expansion following its emergence from corporate insolvency proceedings.
The investment coincides with a new phase of development for Viceroy Hotels, which is focusing on acquisitions, refurbishment and additional hotel capacity in Hyderabad. Its expansion plans include the proposed acquisition of SLN Terminus Hotels and Resorts, associated with Marriott…

