Asian Hotels (North) Ltd
NSE: ASIANHOTNR BSE: 500023
₹328
-9.35 (2.77%)
Sat, 24 Oct 2026, 00:02 am
Market Cap (in Cr)1414.57
PE Ratio0
Dividend0
Consumer Services
Hotels/Resorts/Cruise lines
24.5KAsian Hotels (North) Ltd Company History
1980
- The Company was incorporated on 13th November
- The Company undertook to set up a 5-star hotel comprising 588 rooms of international standards at Cama Place Complex, New Delhi
1982
- 700 shares subscribed for by the signatories to the Memorandum & Articles of Association
- 4,96,500 shares taken up by promoters
1985
- 26,40,000 rights shares issued
- Unsubscribed portion of the rights issue of 1,90,000 No. of equity shares issued to New Delhi Equipment Leasing Co. Ltd.
1986
- Forfeiture on 1,877 shares annulled and 3,402 shares sold in the open market
1988
- 14,08,660 shares issued to financial institutions at par on conversion of loans
1990
- The proposal for the construction of a hotel at Lucknow was dropped
- The Company embarked on a programme of substantial renovation programme of the entire hotel
- The Company entered into a franchise agreement with M/s. Hyatt of Hong Kong Ltd.
- 12,39,600 No. of equity shares allotted
1993
- The technical services, sales and market agreement expired
- A new sales and marketing and management services agreement was entered into with Hyatt International for a period of 15 years
1995
- The Company has acquired 50,000 Equity shares of Rs 10 each at par of J.S.G. Hotels Ltd.
- The Company has acquired a majority stake in the equity share capital of Regency Convention Centre And Hotels Ltd.
1996
- 65,15,104 bonus shares issued in prop. 2:5
2001
- Asian Hotels Ltd has reported a 38.91 per cent decline in net profit for the quarter ended September 30, 2001
2002
- Mr R G N Swamy resigns from the Directorship of the company
2003
- Mr. Ritesh Kumar's nomination as Nominee Director was withdrawn w.e.f July 9, 2003
2007
- Asian Hotels Ltd has appointed Mr. Arun K. Saraf as Alternate Director to Mr. R.S. Saraf
- Asian Hotels Ltd has appointed Mr. Radhe Shyam Saraf as Additional Director on the Board of the Company
2010
- Asian Hotels Ltd has appointed Mr. Lalit Bhasin, Mr. Dinesh C Kothari, and Mr. Gautam R Divan as Independent Non-Executive Directors
- Asian Hotels (North) Ltd has decided to appoint Mr. Adarsh Jatia as Executive Director of the Company
- Company has changed its name from Asian Hotels Ltd. to Asian Hotels (North) Ltd.
2011
- Asian Hotels (North) has recommended a dividend of Rs. 2.50 per share, i.e. 25%
2012
- Asian Hotels (North) has recommended a dividend of Re.1 & paisa 50 per share, i.e. 15%
2013
- Asian Hotels (North) Ltd has recommended a dividend of Re. 1/- (Rupee One only) per share
2014
- Asian Hotels (North) Ltd recommended a dividend of Re. 1/- (Rupee One only) per share, i.e. 10% for the year under review, to the Equity Shareholders.
