The Company was incorporated in Ahmedabad on 1st November, 1999 
 as a private limited Company under the name and style of Bhagwati 
 Banquets Pvt Ltd having its registered Office at 73, white House, 
 Panchvati, Ellisbridge, C.G Road, Ahmedabad-380006. The Company 
 was subsequently converted to public ltd Company and the name of the
 
 Company was changed to Bhagwati Banquets And Hotels Ltd. The 
 Company obtained the fresh certificate of incorporation consequent to
 
 conversion and name change on 13/04/2000. The registered office of
 the 
 Company was changed from 73, white House, Panchvati, Ellisbridge, 
 C.G Road, Ahmedabad-380006 to the present address of the Company 
 with effect from 17/10/2005. 
 
 The group's first venture was a genuine Delhi chat outlet at
 Ahmedabad 
 in 1990. The TGB Group diversified into outdoor catering in the mid
 nineties 
 and met with instant success on account of their mouth watering 
 preparations in Punjabi and Chinese cuisine which became popular with
 
 the non-Gujarati clientele of Surat and Ahmedabad. With a view to
 cope up 
 with the increased business which involved organizing catering at 5
 to 6 
 locations simultaneously both at Ahmedabad and other towns like
 Baroda,
 Surat, Bhavnagar, Rajkot etc. and streamlining the operations,
 Bhagwati 
 established a centralized kitchen (food factory) in 1998 at
 Changodar, about 
 15 kms from Ahmedabad city. This revolutionary concept was brought
 under 
 the banner of Bhagwati Caterers Pvt Ltd which was incorporated on
 03/10/1997.
 
 The outdoor catering success led to a pioneering venture in indoor
 catering. The 
 TGB group opened a hotel at Ahmedabad namely The Grand Bhagwati, a
 three 
 star deluxe hotel located at the Sarkhej Gandhinagar Highway which
 started its 
 operations from June 2002 under the flagship of the Issuer Company
 BBHL. 
 While there are 37 rooms, a restaurant and a coffee shop, its core
 competency 
 and facility is banqueting. It possesses three banquet halls which
 can hold 5400 
 persons on two shift basis, all in air-conditioned comfort.  It has a
 large lounge 
 and a captive, easy parking facility to match the size of its banquet
 facility.
 
 Major events
 
 Year Activities
 
 1999 The company was incorporated under the name Bhagwati Banquets
 (P) Ltd
 
 2000 Company was converted from private to public limited company and
 name of the
 company was changed to Bhagwati Banquets And Hotels Limited.
 
 2002 The operations at unit The Grand Bhagwati commenced
 
 2003 ISO Certification from KPMG
 
 2005 i) Company took over the business M/s Bhagwati International, a
 partnership firm.
 Bhagwati International was engaged in the business of running
 restaurants and food
 court.
 
 ii) Company took over the entire business of M/s TGB Resorts
 Karnavati, a partnership
 firm. M/s. TGB Resorts Karnavati was engaged in the business of
 maintaining rooms
 & restaurants at Karnavati Club Ltd
 
 iii) Company has also took over the Assets and entire business of
 outdoor catering of
 Bhagwati Caterers Private Limited.
 
 2005 The Grand Bhagwati' was accredited with three star certification
 by HRACC Govt of
 India
 
 2006 Company purchased the 100% Equity Shares of M/s Lov Kush
 Properties Pvt. Ltd
 making it wholly owned subsidiary of the company