Mac Charles (India) Ltd
NSE: BSE: 507836
₹646.85
-24.20 (3.61%)
Fri, 13 Nov 2026, 08:53 am
Market Cap (in Cr)880.87
PE Ratio0
Dividend0
Finance
Real Estate Development
24.5KMac Charles (India) Ltd Company History
1979
- The company was incorporated on 28th October.
- The company planned to set up a five star Hotel at Bangalore.
1987
- The company's authorised capital was increased from 6 crore to 8 crores.
- The company collaborated with Holiday Inn, Inc., a Division of BASS PLC, London.
- Kapi Investment Inc Limited became the holding company of Mac Charles (India) Limited.
1991
- Kapi Investment Inc Limited held 2,807,300 equity shares of the company.
1997
- The Company signed the franchise agreement with Le Meridien for the next 10 years.
2000
- The promoters of the company bought back 2,00,000 shares of Rs. 10/- each.
2001
- The Company acquired 39.67 per cent equity shares of Bramha Bazaz Hotels Ltd, Pune.
2002
- Mac Charles (India) acquired 100% stake in Vaswani Properties Pvt. Ltd.
- Mac Charles (India) acquired 100% stake in Vaswani Investments and Holdings Pvt. Ltd.
2011
- Mac Charles gave a bonus in the Ratio of 1:1.
2012
- The Board of Directors recommended a dividend of 60% i.e., Rs. 6/- per Share on the equity share capital.
2013
- The Board of Directors recommended a dividend of 60% i.e., Rs. 6/- per Share on the equity share capital.
2014
- The Board authorized the Chairman to explore the possibility of restructuring the Company's hotel building.
- The Board of Directors recommended a dividend of 60% i.e., Rs. 6/- per Share on the equity share capital.
