Get App
Moneycontrol

Co-Partners

Associate Partners

Close Ad
SENSEX NIFTY
Royal Orchid Hotels > Company History > Hotels > Company History of Royal Orchid Hotels - BSE: 532699, NSE: ROHLTD
YOU ARE HERE > MONEYCONTROL > MARKETS > HOTELS > COMPANY BACKGROUND - Royal Orchid Hotels

Royal Orchid Hotels

BSE: 532699|NSE: ROHLTD|ISIN: INE283H01019|SECTOR: Hotels
SET ALERT
|
ADD TO PORTFOLIO
|
WATCHLIST
LIVE
BSE
May 22, 16:00
109.15
0.35 (0.32%)
VOLUME 1,592
LIVE
NSE
May 22, 15:56
107.95
-0.05 (-0.05%)
VOLUME 3,297
Company History - Royal Orchid Hotels
 The company was incorportated in Bangalore on January 3, 1986 as a
 public limited company under the name and style of University Resorts
 
 Limited having its regaistered office at Royal Orchid Harsha, No. 11,
 
 Park Road, Bangalore 560051. The Registrar of Companies, Karnataka 
 issued a Certificate of Commencemet of Business dated Febrauary 3,
 1986 
 in the name of Universal Resorts Limited. The authorised capital of
 the 
 company at the time of incorporation was Rs.10 millions.
 
 Thereafter the name of the company was changed to Royal Orchid Hotels
 
 Limited. We obtained the Fresh certificate of Incorporation
 Consequent to 
 Name Change on April 10, 1997. The autorised capital of the company
 was 
 thereafter increased from Rs.10 million to Rs.40 million in the year
 1997, from 
 Rs.40 million to Rs.120 million in the year 2000 and thereafter to
 Rs.300 million 
 as at present. A summary of the corporate information of the company
 is provided 
 below:
 
 Name of the Company          Royal Orchid Hotels Limited
 
 Date of Incorporation            January 3, 1986
 
 Registration No.                   08-7392
 
 Registered Office                 Royal Orchid Harsha, No. 11, Park
 Road,  
                                              Bangalore 560051.   
 
 Corporate Office                   No. 1, Golf Avenue, Adjoining KGA
 Golf 
                                             Course, Airport Road,
 Bangalore 560008
 
 Corporate Status                  Public Limited Company
 
 Subscription to the                  1. C Baljee 
 Memorandum and Articles of  2. C R Sikka
 Association                             3. Chander K Baljee
                                                4. Sushil Baljee
                                                5. Sangitha Sikka 
                                                6. Indira Sikka
                                                7. Sunita Sikka
 
 First Directors                          1. C Baljee 
                                                 2. C R Sikka   
                                                3. Chander K Baljee
 
 Authorised Capital                  Rs.300,000,000
 Comprising of                         30,000,000 equity shares of
 Rs.10/- each
 
 Paid up Captial                       Rs.204139650
 Comprising of                          20413965 equity shares of
 Rs.10/- each
 
 2006
 
 --Registered Office of the Company has been shifted  from No. 11,
 Park Road, Shivaji Nagar, Bangalore - 560 051 to the following
 address: No. 1, Golf Avenue, Adjoining KGA Golf Course, Airport Road,
 Bangalore - 560 008.
 
 2007
 
 -Royal Orchid Hotels Ltd (ROHL) has inked agreement with the
 Pune-based builders Vascon Engineers.
 
 -Royal Orchid Hotels Ltd hasappointed Mr. Arjun Baljee is appointed
 as Additional Director on the Board who shall hold office till the
 commencement of forthcoming AGM or his resignation whichever is
 earlier.
 
 2008
 
 - Royal Orchid Hotels Limited has appointed Mr. B Chandrasekaran as
 Company Secretary-cum-Compliance Officer in the place of Mr. A
 Someswara Rao, wef 15th May 2008.
 
 
 2009
 
 - The Company has executed a Joint
Venture Agreement with the owners of land admeasuring about 4665 sq. mtrs situated at Powai, Mumbai for construction and management of a 4 Star Hotel, with 250 Rooms, under the name Royal Orchid Central, Mumbai. - The Company has established and commenced the operations of its new hotel, Royal Orchid Central a 4 Star hotel with 104 rooms at Ahmedabad. 2010 -Royal Orchid - New 4 Star Hotel in Vashi, Navi Mumbai. - Royal Orchid - New Hotel in Hospet (Karnataka). 2011 - Mr. Vijay K. Rekhi has been appointed as a Director of the Company. - The Company have opened its new Hotel Central blue Stone, in Gurgaon.The above Hotel is with 50 guest rooms with other facilities. 2012 - The Company have opened a contemporary Five Star Business Hotel viz., Regenta One at No.115/1, ISB Road, Financial District, Nanakramguda, Gachibowli, Hyderabad - 500032 with 158 guest rooms. - The company has opened a new hotel namely, Regenta Central at NH 21, Zirakpur, Chandigarh. - The Company has acquired the shares of Cosmos Premises Private Ltd by entering the Shareholders' Agreement with Vascon Engineering Ltd. 2013 - Royal Orchid Hotels Ltd has appointed Mr. K. Jairaj as an Additional Director of the Company and He will be an Independent Director and a member of Audit Committee & Remuneration Committee. 2016 - Royal Orchid Hotels Ltd. adds 2 more hotels to its Portfolio.
Source : Dion Global Solutions Limited
Quick Links for Royal Orchid Hotels
Explore Moneycontrol
Stocks     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | Others
Mutual Funds     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.