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Best Eastern Hotels Ltd. Company History and Annual Growth Details

1943

-Best Eastern Hotels Ltd. was incorporated and was engaged in the hospitality business

2001

-The company approves issue of shares.

2002

-Members at the extraordinary general meeting of the company had authorized its board of directors to offer, issue and allot equity shares to the extent of Rs 50 lakh on a private and preferential basis.

2006

-On 5th September 2006, company had adopted annual accounts and reports of the company for the year ended 31st March 2006.

- Mr. Manohar R Tambat and Dr. Ramnik K Baxi, were re-appointed as directors of the company.

-The Company has recommended payment of dividend @ 10% on Equity shares of Rs 10/- each and @12% on 12% Non-Cumulative Preference shares of Rs 10/- each

2007

-Mr. Mangal Cheda and Mr. Vinaychand Kothari as were re-appointed as the directors of the company.

2010

-The Company has appointed Mr. Mehernoz C Dangore as an Independent Director of the Company.
-Best Eastern Hotels has Consolidates its Face value from Rs 2/- to 1/-

2011
-Best Eastern Hotels has splits its face value from Rs 10/- to 2/-

2014

- Best Eastern Hotels Ltd has recommended a dividend @ 10% (Rs. 0.10) on equity shares of Re. 1/- each.

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