Company History: The company was incorportated in Bangalore on January 3 1986 as apublic limited company under the name and style of University Resorts Limited having its regaistered office at Royal Orchid Harsha No. 11 Park Road Bangalore 560051. The Registrar of Companies Karnataka issued a Certificate of Commencemet of Business dated Febrauary 3 1986 in the name of Universal Resorts Limited. The authorised capital of the company at the time of incorporation was Rs.10 millions.Thereafter the name of the company was changed to Royal Orchid Hotels Limited. We obtained the Fresh certificate of Incorporation Consequent to Name Change on April 10 1997. The autorised capital of the company was thereafter increased from Rs.10 million to Rs.40 million in the year 1997 from Rs.40 million to Rs.120 million in the year 2000 and thereafter to Rs.300 million as at present. A summary of the corporate information of the company is provided below:
Name of the Company Royal Orchid Hotels Limited
Date of Incorporation January 3 1986
Registration No. 08-7392
Registered Office Royal Orchid Harsha No. 11 Park Road Bangalore 560051.
Corporate Office No. 1 Golf Avenue Adjoining KGA Golf Course Airport Road Bangalore 560008
Corporate Status Public Limited Company
Subscription to the 1. C Baljee Memorandum and Articles of 2. C R SikkaAssociation 3. Chander K Baljee 4. Sushil Baljee 5. Sangitha Sikka 6. Indira Sikka 7. Sunita Sikka
First Directors 1. C Baljee 2. C R Sikka 3. Chander K Baljee
Authorised Capital Rs.300 000 000Comprising of 30 000 000 equity shares of Rs.10/- each
Paid up Captial Rs.204139650Comprising of 20413965 equity shares of Rs.10/- each
2007
-Royal Orchid Hotels Ltd (ROHL) has inked agreement with the Pune-based builders Vascon Engineers.
-Royal Orchid Hotels Ltd hasappointed Mr. Arjun Baljee is appointed as Additional Director on the Board who shall hold office till the commencement of forthcoming AGM or his resignation whichever is earlier.
2008
- Royal Orchid Hotels Limited has appointed Mr. B Chandrasekaran as Company Secretary-cum-Compliance Officer in the place of Mr. A Someswara Rao wef 15th May 2008.
