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Max India Chairman Singh Says He’s in ‘Process of Exiting EIH’

Sept. 1 (Bloomberg) -- Max India Ltd. Chairman Analjit Singh is in talks with P. R. S. Oberoi, chairman at EIH Ltd., to sell his 4 percent stake in the operator of the Oberoi and Trident group of hotels, according to an e-mailed statement today. “I have been in the process of exiting the EIH stake, through a dialogue with Mr Oberoi,” Singh said in the statement.

Link to Company News:{EIH IN <Equity> CN <GO>} Link to Company News:{MAX IN <Equity> CN <GO>}

To contact the reporter on this story: Hemal Savai in Mumbai at hsavai@bloomberg.net

To contact the editor responsible for this story: Margo Towie at mtowie@bloomberg.net

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