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Company Information

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ROYALE MANOR HOTELS AND INDUSTRIES LTD.

09 May 2025 | 12:00

Industry >> Hotels, Resorts & Restaurants

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ISIN No INE008C01011 BSE Code / NSE Code 526640 / RAYALEMA Book Value (Rs.) 29.37 Face Value 10.00
Bookclosure 31/08/2024 52Week High 65 EPS 2.13 P/E 24.68
Market Cap. 104.04 Cr. 52Week Low 35 P/BV / Div Yield (%) 1.79 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The company was incorporated on 19th June, 1991 as Royal Manor Hotels Limited in the state of Gujarat at Ahmedabad. The name was subsequently changed to Royale Manor Hotels and Industries Limited on 1st, November, 1991. The company was established for the purpose of putting up hotel projects in India and the first project for five star hotel is conceived at Ahmedabad, Gujarat.

The project is being assissted by the Industrial Development Bank(IDBI) of India and the Tourism Finance Corporation of India(TFCI). IDBI has sanctioned a term loan of Rs. 607 lakhs and TFCI has sanctioned a term loan of Rs.450 lakhs for the project. The five star hotel is being set up in technical collaboration with The East India Hotels Limited, the flagship company of the Oberoi's.

At the time of going public, the project was under active implementation as the civil work of the hotel had already commenced.

2011 -Royale Manor Hotels & Industries Ltd has recommended 6% Dividend on Optionally Convertible Preference Shares.

2012 -Royale Manor Hotels & Industries Ltd has recommended 6% Dividend on Optionally Convertible Preference Shares. - Appointment of Mr. U Champawat , as a Compliance officer of the Company.

2013 -Appointment of Mr. Satish Chandra Sharma as a Company Secretary & Compliance Officer of the Company.

2014

- Appointment of Mr. Kalpesh B. Baraiya as a Company Secretary and Compliance officer of the Company.