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Mac Charles (India) Ltd logo

Mac Charles (India) Ltd

NSE: BSE: 507836

₹625

(1.63%)

Sat, 14 Feb 2026, 03:24 pm

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.

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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