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Vedant Hotels > Company History > Hotels > Company History of Vedant Hotels - BSE: 531198, NSE: N.A
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Vedant Hotels
BSE: 531198|ISIN: INE041F01015|SECTOR: Hotels
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Company History - Vedant Hotels
The Company was incorporated as a Private Limited company on 14th
 July, 1986 in the state of Maharashtra under the name vedant Hotels
 Private Limited.  Subsequently, vide special resolution passed in the
 Extra-ordinary General Meetings held on 19th January, 1990 it was
 converted into a public limited company. The Registrar of Companies,
 Maharashtra, issued fresh certificate of incorporation on 12th
 February. 1990.
 
 The Company was established for the purpose of putting up hotel
 projects and other tourism related objectives. The present hotel,
 being first of the projects, is located at Aurangabad, Maharashtra.
 
 In the course of implementation of this project, the company made
 several changes in the project, providing for additional banquet
 hall, restaurant, conference rooms and also improvement in the
 quality of furniture and fixture/fittings for the rooms with the
 object of
 maximising the F & B sales through banquet and conferences and to
 provide for installing balancing facilities to seek 5 star
 classification at a later date. Due to the aforesaid reasons, and
 general price rise the project was delayed and there were time and
 cost overruns Subsequently, Vedant decided to install balancing
 facilities to seek 5 star classification, set up a terrace garden
 restaurant, Install
 a Capsule Lift and Equip the hotel to provide additional facilities
 with the object of attracting tourists and improving the
 profitability.
 
 The hotel commenced operations by a soft launch on 26th March, 1994.
 
 2007
 
 -Vedant Hotels Ltd has entered into an Agreement with Kamat Hotels
 (India) Ltd for Management / operation of The Hotel Vedant at
 Aurangabad, Maharashtra, for a period of 10 years beginning from
 February 16, 2007.
 
 -Vedant Hotels Ltd has delists equity shares from Madras Stock
 Exchange (MSE) with effect from June 06, 2007.
 
 2009
 
 --Registered Office of the Company has been shifted 'Dhanada', 16/6,
 Erandwana Housing Society, Plot No. 8, Patwardhan Baug, Pune -
 411004.
 
 
 2011
 
 -Company has changed its name from Vedant Hotels Ltd. to Dhanada
 Corporation Ltd.                                                   
                                                         
 
 2012
 
 - Dhanada Securities Trading Private Limited is a subsidiary of the
 Company changed the name of the Company to Dhanada Education Private
 Ltd. and the main object of the Company to education and training.
Source : Dion Global Solutions Limited
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