The Company was incorporated as "SAMHI Hotels Private Limited" on December 28, 2010, as a private limited company under the Companies Act, 1956, at New Delhi, with a certificate of incorporation granted by the Registrar of Companies, National Capital Territory of Delhi and Haryana. On the conversion of the Company to a public limited company, pursuant to a resolution passed by the shareholders on August 2, 2019 the name was changed to "SAMHI Hotels Limited" and a fresh certificate of incorporation dated August 16, 2019 was issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. Major events and milestones : 2010 - Incorporation of the Company 2011 - Initial equity investment by GTI Samhi Pte. Limited and Blue Chandra in the Company 2012 - Opening of the Corporate Office in Gurugram - Acquisition of a majority stake (60%) in Barque and addition of Formule 1 hotels to the portfolio 2013 - Commencement of operations at Fairfield by Marriott Bangalore Rajajinagar Hotel 2014 - Investment by IFC in the Company by way of subscription to the FCCDs - Commencement of operations at Hyatt Place Gurgaon Udyog Vihar 2015 - Equity investment by GSA in the Company - Commencement of operations at Sheraton Hyderabad Hotel, Fairfield by Marriott Bangalore Outer Ring Road and Courtyard by Marriott Bangalore Outer Ring Road 2016 - Acquisition of 100% shareholding in Ascent, which currently owns the Hyatt Regency Pune hotel Commencement of operations at Fthe Points by Sheraton Visakhapatnam 2017 - Acquisition of the remaining 40% shareholding in Barque as a result of which Barque became a wholly owned Subsidiary of the Company - Entered into hotel operator agreements with Intercontinental Hotels Group for rebranding the portfolio of hotels, which was acquired as a result of acquisition of Barque, to "Holiday Inn Express" - Commencement of operations under the Marriott brand at Renaissance Ahmedabad Hotel and Fairfield by Marriott Coimbatore 2018 - Acquisition of Luxury Singapore Holding Company Pte Limited's 33% shareholding in SAMHI JV, as a result of which the Company acquired 100% shareholding of SAMHI JV - Commencement of operations at Holiday Inn Express Pune Hinjewadi, Holiday Inn Express Chennai OMR Thoraipakkam, Holiday Inn Express Gurgaon Sector 50, Holiday Inn Express Bengaluru Whitefield ITPL, Holiday Inn Express Ahmedabad Prahlad Nagar, Holiday Inn Express Hyderabad Banjara Hills, Holiday Inn Express Hyderabad Hitech City, Holiday Inn Express Nashik Indira Nagar, Holiday Inn Express Pune Pimpri and Holiday Inn Express Yeshwanthpur Bengaluru - Commencement of operations at Fairfield by Marriott Bengaluru Whitefield, Fairfield by Marriott Pune Kharadi, Fairfield by Marriott Goa Anjuna, Fairfield by Marriott Sriperumbudur Hotel 2023 - Acquisition of the ACIC SPVs which includes 962 keys across six operating hotels in the Upper Midscale segment under the Fairfield by Marriott and Fthe Points by Sheraton brands and a parcel of land for the development of a hotel under the Upper Mid-scale segment in Navi Mumbai, Maharashtra
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