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Lakeland Hotels Ltd > Company History > Hotels > Company History of Lakeland Hotels Ltd - BSE: 532124, NSE: N.A
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Lakeland Hotels Ltd
BSE: 532124|ISIN: INE419H01019|SECTOR: Hotels
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Company History - Lakeland Hotels Ltd
1992 
 
 -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.
 
 1995 
 
 -The company was converted into a public limited company on 18th
 November 1995.
 
 1996 
 
 -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
 Bhopal.
 
 2006 
 
 -The board of directors of the company approved the change in the
 name of the company from 'Lakeland Hotels' to 'Reliable Ventures
 India'.
 
 -The board of directors of the company decided to increase the
 authorized share capital of the company from Rs 120 million to Rs 250
 million.
 
 2007
 
 -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.
 
 2008
 
 -The company has designated E-mail ID for Investors Complaints: 
 cs_ssr_3750@hotmail.com
Source : Dion Global Solutions Limited
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