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Savera Industries Ltd

NSE: SAVERA BSE: 512634

₹154

(1.32%)

Thu, 25 Jun 2026, 10:53 am

Company History

1965

  • The promoters set up a partnership firm to set up and run a hotel.

1969

  • Savera Enterprises Limited was incorporated as a Private Limited Company under the name of 'Savera Hotels Private Limited'.

1971

  • The partnership concern sold 1757 square metres of its land to Savera Hotels Private Limited.

1972

  • 125 rooms were added to the hotel and the original 20 rooms were converted to build the hotel office and conference rooms.

1975

  • Minar Restaurant, an exclusive restaurant serving Moghlai food, was added.

1976

  • The company name was changed to Savera Enterprises Limited.

1978

  • Pallavi Theatre, a fully equipped auditorium, was commissioned.

1982

  • The Company became a Deemed Public Company under the provisions of section 43A of the Companies Act, 1956.
  • Closed circuit television sets were provided in all 125 rooms of the hotel.

1985

  • The partnership concern was dissolved and Savera Enterprises Limited took over all its assets.
  • The Bamboo Bar was completely renovated and shifted from the basement to the ground floor.

1990

  • The Company's turnover was Rs. 275.57 lacs.
  • The Company's profits were Rs. 45.82 lacs.

1991

  • Pallavi Theater was completely renovated and converted into a conference hall.

1992

  • Sweet Touch, a pastry shop, was started.

1994

  • The Company's turnover grew to Rs. 688.56 lacs.
  • The Company's profits grew to Rs. 154.09 lacs.
  • The Equity Capital stood at Rs. 93.00 lacs.

2004

  • Mr. A Ravikumar Reddy was appointed as Managing Director of the company.

2007

  • Ms. A Nivruthi was appointed as an Additional Director of the Company.
  • The company name was changed from Savera Hotels Ltd to Savera Industries Ltd.

2010

  • Savera Industries gave a bonus in the Ratio of 1:1.

2011

  • Mr. N.S.Mohan was appointed as Company Secretary cum Chief Financial Officer.

2012

  • Savera Industries Ltd recommended a dividend of Rs. 1.20/- per Equity Share of the face value of Rs.10/- each.

2013

  • Savera Industries Ltd recommended a dividend of Rs. 1.20 per equity share.

2014

  • Savera Industries Ltd recommended a dividend of Rs. 1.20 per equity share of the Company.

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