Oriental Hotels Ltd
NSE: ORIENTHOT BSE: 500314
₹145.58
+4.13 (2.92%)
Sat, 24 Oct 2026, 11:17 pm
Market Cap (in Cr)2515.57
PE Ratio39.03
Dividend0.46
Consumer Services
Hotels/Resorts/Cruise lines
24.5KOriental Hotels Ltd Company History
1970
- The company was incorporated on 18th September.
- The company entered into a Technical Assistants Agreements and an Operating Contract with the Indian Hotels Company Ltd.
1972
- 1,50,000 shares were issued to promoters without payment in cash.
1974
- 10,000 Pref and 8,10,000 equity shares were offered for public subscription.
1975
- The entire hotel was functioning with 224 guest rooms.
- 32,350 equity shares were forfeited and reissued.
- 1,00,000 equity shares were offered to The Indian Hotels Co Ltd and D S Reddy's relatives and friends.
1985
- The Company signed an agreement with Covelong Beach Hotel to operate Fisherman's Cove Beach Resort.
1988
- The Company entered into an agreement with the International Airports Authority of India.
- Pref shares were redeemed.
- 5,80,000 bonus equity shares were issued.
1989
- 4,06,000 rights equity shares were offered.
- 20,300 equity shares were issued to employees under the Employees' Stock Option Scheme.
1990
- The Company obtained the licence to operate 28 cottages and 10 cabanas at Fisherman's Cove Beach Resort.
- The Company proposed to expand its activities in the form of a cake shop and a fast food outlet.
- The operation at Sea Pearl Hotel was suspended for renovation.
1993
- 21,17,002 Rights equity shares were offered.
- 1,05,850 equity shares were issued to employees.
1994
- The lobby, lobby lounge and bar of Taj Coromandel Chennai were renovated.
- The Company concluded an agreement with OHL International for reordering technical services.
- 23,52,941 GDRs were issued at an issue price of US $12.75.
1996
- The Company signed a Licence Agreement for setting up a luxury full service apartment.
- 54,89,740 bonus shares were issued.
2000
- The Company introduced a Voluntary Retirement Scheme.
2001
- Mr P Keswani was appointed as a director of Oriental Hotels Ltd.
2002
- Members approved the scheme of amalgamation of Covelong Beach Hotel and Coromandel Hotels with the company.
- Mr Dodla Subbarama Reddy acquired 8050 equity shares.
- The Board approved the amalgamation of Orient Holding and Fishcove Leasing and Investments Ltd.
- Mr Raymond Bickson was appointed as Director.
2003
- Members approved the scheme of amalgamation.
- Mr D P Hariani was co-opted as an Additional Director.
- Mr Raymond Bickson was appointed as Director.
2004
- Mr D Varada Reddy was appointed as an Additional Director.
2005
- The Board of Directors recommended a dividend of Rs 5.50 per equity share.
2006
- The Board of Directors recommended a dividend of Rs 7.50 per equity share.
2007
- The Board of Directors recommended a dividend of Rs 9.50 per equity share.
2008
- Mr D R Kaarthikeyan was appointed as an Additional Director.
- The Board of Directors recommended a dividend of Rs 10.5 per equity share.
2009
- The Board of Directors recommended a dividend of Rs 9 per equity share.
2010
- The Board of Directors recommended a dividend of Rs 7.50 per equity share.
- The Board of Directors approved the sub-division of the Company's Equity Shares from a face value of Rs 10 to a face value of Re 1.
2011
- The Board of Directors recommended a dividend of Re 0.80 per equity share.
2012
- The Board of Directors recommended a dividend of Rs 0.45 per share.
2013
- Mr Anil P Goel was appointed as a Director.
- Oriental Hotels Ltd recommended a dividend of Rs 0.55 per equity share.
2014
- Oriental Hotels Ltd recommended a dividend of Rs 0.55 per equity share.
