-The company was incorporated as private limited company with the
name Lakeland Hotel. The company's business is to operate hotels and
provide related services in India.
-The company was converted into a public limited company on 18th
-The company came out with a public issue of 6,500,000 equity shares
of Rs 10 each for cash at par aggregating to Rs 65 million for
setting up the Heritage Hotel with 60 rooms and 5 star facilities at
-The board of directors of the company approved the change in the
name of the company from 'Lakeland Hotels' to 'Reliable Ventures
-The board of directors of the company decided to increase the
authorized share capital of the company from Rs 120 million to Rs 250
-Members of the company at the annual general meeting on 28th
September 2007 had accorded to delist the equity shares of the
company from regional stock exchange like M.P. Stock Exchange Ltd,
Indore and Delhi Stock Exchange Association Ltd.
-Board of directors of the company had approved for preferential
issue of 30 lakhs share warrants at an issue price Rs 45 determined
in accordance with the SEBI Guidelines.
-They also approved for re-issue of 969000 forfeited equity shares of
the company on preferential allotment to persons other than promoters
of the company.
-Company name has been changed from Lakeland Hotels Ltd to Reliable
Ventures India Ltd.
-The company has designated E-mail ID for Investors Complaints: