EIH Ltd
NSE: EIHOTEL BSE: 500840
₹326.15
(-2.09%)
Wed, 25 Feb 2026, 09:51 am
Market Cap209.03B
PE Ratio31.69
Dividend0.45
Consumer Services
Hotels/Resorts/Cruise lines
24.5KCompany History
1949
- The company was incorporated on 26th May at Calcutta.
- The company was promoted by Rai Bahadur M.S. Oberoi and Oberoi Hotels (India) Ltd.
1956
- The company took on lease the Maharaja's Palace in Srinagar and converted it into the Oberoi Palace Hotel.
1966
- The company entered into a collaboration agreement with Sheraton International Inc, Boston, USA.
1968
- The company amalgamated with Associated Hotels of India Ltd and Hotels Pvt Ltd.
- The company acquired Oberoi Grand Hotel, Calcutta, Oberoi Mount Everst, Darjeeling, and other properties through the amalgamation.
1973
- The company's collaboration agreement with Sheraton International Inc, USA expired.
1974
- The company entered into an agreement with the Zanzibar Government for providing technical and hotel operating services.
- The company concluded an agreement with the National Corporation of Zambia for rendering operation services for a luxury hotel in Ndola.
- The company finalised an agreement with Adayar Gate Hotels Ltd, Chennai for rendering technical assistance and operating services.
1978
- The company fully called up partly paid equity shares.
1981
- The company issued bonus equity shares in the proportion of 1:5.
- The company issued equity shares at a premium of Rs 6 per share.
1984
- The company issued equity shares on conversion of debentures.
- The company issued bonus shares in the proportion of 2:5.
1985
- The company issued 15% secured redeemable non-convertible debentures for a total value of Rs 6 crores.
- The company made another issue of non-convertible debentures for a total value of Rs 15 crores.
1986
- The company was given a 10-year contract by the International Airports Authority to operate all the snack bars and restaurants at the domestic and International Terminals in Mumbai.
1987
- The company offered 13.5% secured redeemable convertible debentures to its equity shareholders on a Rights basis.
- The company offered 13.5% convertible debentures to its resident Indian employees.
1988
- The company entered into a joint venture agreement with Accor of France for the construction and development of medium-priced hotels in India.
- The company issued 14% non-convertible debentures to meet a part of the expenditure for renovation, refurnishing, and capacity improvement.
1990
- The company offered 14% secured redeemable non-convertible debentures on a Rights basis.
1992
- The company redeemed 11% Pref. 'C' shares.
- The company issued bonus equity shares in the proportion of 1:5.
1993
- The company offered partly convertible debentures on a Rights basis.
- The company issued 15% non-Convertible debentures on a Rights basis.
1994
- The company formed a joint venture with Alfred Mc Alpine Construction Major Projects Ltd, UK to provide construction and project management expertise for new projects.
- The company entered into a joint venture arrangement to build an international golf course, a deluxe hotel, and a health resort in Bangalore.
- The company issued equity shares at a price of Rs 438 per equity share.
1995
- The company proposed to set up a new joint venture company with Eurest International, a subsidiary of Compass Group Plc.
- The company proposed to issue bonus equity shares in the ratio of 1:2 to existing shareholders.
1996
- The company allotted equity shares against detachable warrants issued along with 16% Rights non-Convertible debentures.
- The company issued bonus shares in the proportion of 1:2.
- The company's name was changed from The East India Hotels Ltd to EIH Ltd.
1997
- The company set up a joint venture with Goel International Hotels and Resorts Ltd for a new hotel in Agra.
- The company set up a joint venture with Hong Kong-based CCA International for developing, marketing, and managing private clubs and resorts in the country.
1998
- Mercury Travels Ltd, a wholly-owned subsidiary of EIH Ltd, established a subsidiary in Germany called Vision Travels GmbH.
- Mashobra Resort Ltd and Rajgarh Palace Hotels and Resorts Ltd became subsidiaries of the company.
- The company owns and manages hotels under the Oberoi and Trident brand.
1999
- The company unveiled plans to open four new hotels in the new millennium.
2000
- The company established direct V-SAT connectivity with National Securities Depository Limited and Central Depository Services (India) Limited.
- The company recommended the introduction of an employee stock option programme.
- The company entered into an agreement with Sukhvinder Singh Badal for the running of a luxury hotel at Gurgaon, near New Delhi.
- Oberoi Kerala Hotels and Resorts Limited became a subsidiary of the company.
2001
- The company reduced its staff strength by 465 across its properties in Mumbai, Delhi, and Calcutta.
- The company reported a 79.13% decline in net profit at Rs 1.73 crore during the second quarter of the current financial year.
2002
- P R S Oberoi was reappointed as Managing Director on the Board of EIH.
- The company announced changes in its management structure, including the appointment of new directors and the cessation of others.
2003
- The company relocated its Investors Service Division to its registered office.
- The company floated a voluntary retirement scheme for its employees at Oberoi Grand Hotel, Kolkata.
- The company considered launching luxury trains in alliance with Indian Railways.
- The company announced a strategic alliance with Hilton International for co-branding hotels in India under the Trident Hilton brand.
2004
- The company launched a strategic alliance with Hilton International, renaming seven Trident hotels as Trident Hilton.
2005
- The company expected a topline growth of 40%.
2006
- The company declared 12 new projects in India and abroad.
- The company's board recommended a stock split and bonus issue.
- The company issued a bonus in the ratio of 1:2.
- The company split its face value of shares from Rs 10 to Rs 2.
2007
- The Hon'ble High Courts of Madras and Calcutta sanctioned the company's scheme.
- The company terminated its alliance with Hilton from Trident Hotels.
2008
- The company's net profit rose 10.23% in the March 2008 quarter.
2010
- EIH Holdings British Virgin became a wholly-owned subsidiary of EIH.
- The company acquired a foreign hotel joint venture.
- The company planned to invest Rs 150 cr in new projects.
2011
- The company issued rights shares in the ratio of 5:11.
- The company entered into an agreement with Pressman Advertising Limited for a rights issue.
2012
- The company recommended a dividend payment of Rs. 1.10 per share of Rs. 2 face value.
2013
- The company recommended a dividend payment of Rs. 0.90 per share of Rs. 2 face value.
2014
- The company recommended a dividend payment of Rs. 1.10 per share of Rs. 2 face value.
2020
- The company issued rights shares of Rs. 2 in the ratio of 8:85 at a premium of Rs. 63 per share.
- The Oberoi Amarvilas, Agra was named one of the Best Hotels in Asia.
- The Oberoi Beach Resort, Al Zorah won the award for Ajman's Leading Hotel Suite: Kohinoor Suite.
- The Oberoi Beach Resort, Al Zorah was named Ajman's Leading Luxury Resort.
2021
- The Oberoi Udaivilas, Udaipur was named the Best Ever Hotel/Resort in India.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800