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Royal Orchid Hotels Ltd.

BSE: 532699 | NSE: ROHLTD |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE283H01019 | SECTOR: Hotels

BSE Live

Nov 27, 16:00
67.85 -0.90 (-1.31%)
Volume
AVERAGE VOLUME
5-Day
4,341
10-Day
8,701
30-Day
6,164
3,240
  • Prev. Close

    68.75

  • Open Price

    67.85

  • Bid Price (Qty.)

    67.85 (194)

  • Offer Price (Qty.)

    67.85 (406)

NSE Live

Nov 27, 15:51
68.30 -0.55 (-0.80%)
Volume
AVERAGE VOLUME
5-Day
32,794
10-Day
73,577
30-Day
36,316
21,480
  • Prev. Close

    68.85

  • Open Price

    68.90

  • Bid Price (Qty.)

    68.30 (160)

  • Offer Price (Qty.)

    0.00 (0)

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.