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HLV Ltd

NSE: HLVLTD BSE: 500193

₹7.83

(2.62%)

Sat, 23 May 2026, 10:53 pm

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Company History

1981

  • The company was incorporated to set up and operate 5-star hotels
  • The company entered into a collaboration with Penta Hotels, UK

1985

  • 20,69,481 shares were issued at par
  • 6,50,000 shares were reserved and allotted to NRIs on repatriation basis

1986

  • The company set up its first 5-star deluxe hotel, Leela Penta, in Bombay
  • The company undertook an expansion of its hotel in Bombay by constructing a tower block

1987

  • The hotel de-linked itself with Penta and entered into technical, sales, and marketing agreement with Kempinski
  • The company undertook to set up a 5-star Deluxe Airport Hotel of international standards

1988

  • The company proposed to expand the existing capacity by addition of another 192 rooms
  • The name of the hotel was changed to The Leela Kempinski Bombay
  • 28,00,000 equity shares were issued at par to Lela Scottish Lace Ltd.

1989

  • The company offered 9,00,000-14% secured redeemable non-convertible debentures on rights basis
  • The company issued 59,00,000 rights shares at par in proportion 1:2

1991

  • The company issued rights shares at par in proportion 1:2

1992

  • The company proposed to add 43 guest rooms at the Leela Beach, Goa
  • The company concluded negotiations for purchase of a plot of land adjoining the hotel property at Mumbai

1993

  • The company commissioned 60 new rooms at the Leela Beach, Goa
  • The hotel set up a mini golf course of 9 holes
  • The hotel opened a spectacular entertainment outlet, viz., Cyclone-The Club

1994

  • The company issued Warrants to its promoters on preferential basis
  • A MOU was entered into with Four Seasons Hotels & Resorts to operate the Leela Palace Bombay

1995

  • The company proposed to enter into the business of full fledged money changers and allied activities

1996

  • The company allotted 30,00,000 CCP of Rs 100 each
  • The Leela Beach Goa underwent upgradation and refurbishment
  • The company initiated steps to set up a 5 star deluxe hotel at Bangalore with Four Seasons Hotels & Resorts
  • The company entered into a management agreement with Four Season Hotels, Canada

1997

  • The company undertook to set up a beach resort consisting of 300 villas at Goa
  • The company signed a technical services and sales and marketing agreement with Kempinski hotels S.A. for the project
  • The company had signed a 30 year lease agreement with AAI for 11,000 sq mts of land for expansion of its hotel

1998

  • The Leela Palace, Goa started its operation
  • Investment Information and Credit Rating Agency placed the non-convertible debenture and fixed deposit programmes of Hotel Leelaventure Ltd. under rating watch

1999

  • The company undertook a five-star hotel project through its subsidiary Leela Hotels Ltd.
  • Leela Hotels Ltd. was awarded an interim relief by the Delhi High Court
  • The company planned to build a hotel in the scenic backwaters of Kerala

2000

  • The company allotted balance equity shares to the promoters
  • Dr. K. U. Mada was appointed as the Director and Mr Venu Krishnana as an Executive Director
  • Mr. M. Narasimhan resigned as the Director
  • The company issued equity shares to the promoters at a premium

2001

  • The company set up a five-star deluxe resort property in the Kannur district of Kerala state
  • The company formed an arrangement for a joint venture to develop a large commercial complex on the land of Andheri-Kurla road, Mumbai

2002

  • Dr. Gunter resigned as director of the company
  • The board approved the proposal for amalgamation/merger of Leela Hotels with Hotel Leelaventure

2003

  • The company tied up with General Hotel Management (GHM) Singapore for its Goa property
  • The board approved the voluntary delisting from Ahmedabad, Bangalore, Cochin, Delhi and Mangalore Stock Exchanges
  • The board approved the allotment of Non Cumulative Redeemable Preference Shares to the Holding Company, Leela Scottish Lace Pvt Ltd.

2004

  • The company delisted its equity shares from Ahmedabad, Bangalore, Cochin, Delhi and Mangalore Stock Exchanges

2006

  • Mr. V.L. Ganesh was appointed as the Chief Financial Officer of the Company
  • The company split its face value of shares from Rs 10 to Rs 2

2007

  • The company issued Foreign Currency Convertible Bonds
  • The company won the bid for a hotel plot in South Delhi for Rs 611 Crores

2008

  • Mr. V L Ganesh, Chief Financial Officer, was inducted into the Board as Director Finance and Chief Financial Officer
  • The company issued Foreign Currency Convertible Bonds aggregating US $ 100,000,000

2010

  • The board recommended a dividend

2011

  • Mr. Krishna Deshika was appointed as an Additional Director and elevated to the position of Director - Finance & CFO
  • The company executed a Joint Development Agreement with Prestige Estates Projects Ltd.

2012

  • The Indian Association of Tour Operators conferred the Hall of Fame award to Capt. C.P. Krishnan Nair
  • Nawab Dilaweez Hasan, Senior Training Manager, was awarded Outstanding Training Manager of the year
  • MEGU was awarded Best International Cuisine Restaurant at the CNBC AWAAZ Travel Awards
  • The Leela Palaces, Hotels and Resorts was named the best hotel in the world by Robb Report USA

2013

  • Rajesh Namby was named F&B Manager of the Year Award at the Hotelier India Awards
  • The Leela Palaces, Hotels and Resorts was named one of the best hotels in the world by Robb Report, India
  • The Qube was awarded Best Burger in Delhi by the Delhi Gourmet Club
  • MEGU was awarded Best Restro-Bar in Delhi and NCR
  • The Leela Palaces, Hotels and Resorts was named Best City Hotel Worldwide by World Spa & Travel Magazine

2014

  • Atul Tiwari from The Leela Palace New Delhi was conferred the title of Remy-Martin Spirits Championship
  • The Leela Palace New Delhi was voted and featured among the best overseas business hotels
  • The Leela Palace New Delhi was named amongst Top 25 Business Hotels in Asia by Smart Travel Asia

2015

  • The Leela Palaces, Hotels and Resorts was internationally applauded for the fifth year running in UK's Condé Nast Traveller Readers' Travel Awards
  • Rajiv Kaul was awarded the Most Outstanding Professional Award at the Travel and Hospitality Awards

2016

  • The Leela Palace Udaipur won top accolades at Conde Nast Traveller India Readers Travel Awards
  • The Leela Palace New Delhi was voted as the best hotel for women business travellers in India
  • The Leela Palaces Hotels and Resorts was voted a top hotel brand in Travel+Leisure 2016 world's Best Awards
  • The Leela Palaces, Hotels and Resorts received top rankings in Tripadvisor 2016 Travellers' Choice Awards
  • The Leela Palace New Delhi was declared a winner at the first edition of Eazydiner Foodie Awards

2020

  • The company name was changed to HLV Ltd. from Hotel Leela Venture Ltd.

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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