YEAR EVENTS 1991 - The Company was incorporated under the Companies Act, 1956, on 23rd day of October, with the Registrar of Companies, Delhi & Haryana. Certificate of commencement of business was obtained on 25th May, 1993. It is wholly owned subsidiary of Usha (I) Ltd. - The main object of the company is to provide Housing buildings, Industrial and Commercial Complexes and to contribute to overall development of Urban Living. - The company is engaged in development of Multi Storeyed Buildings, Commercial Complex and Real Estate promotion. 1996 - The Company has signed MOUs with the owners of land for the development of a commercial and residential complexes at Bangalore - The Company's Public Issue of Rs. 3.5 crores was subscribed 1.104 times and allotment of 35,00,400 equity shares of Rs. 10 each was made on 28th August. 1998 - The Company part of the Rs 3,000-crore Group Usha, has signed a memorandum of understanding with Malaysian software major Tamadun Interakfit(m) Sdn Bhd to set up a software technology park (STP) at Balanagar. 2000 - The company has received information that Usha General Foods Ltd. has acquired 1,00,00,000 No. of equity shares of the company. 2002-Usha Housing Development Company Ltd has informed BSE that Dr M C Gupta was appointed as Managing Director of the company wef September 10, 2002 and Mr V K Gupta was appointed as Additional Director of the company on August 08, 2002. Mr S K Rastogi has resigned from the Board of the company wef September 11, 2002. 2011 -Company has changed its name from Usha Housing Development Co Ltd. to Wellesley Corporation Ltd. 2013 - Wellesley Corporation Ltd has appointed Mr. Vishnu Gopal Rajgarhia as additional director on the board of the Company. -The Registered office of the company has been shifted from old location to Shop no-1, Country Inn, Mehragoan, Bhimtal - 248179, Uttarakhand, India. 2022 -Company name has changed to Espire Hospitality Ltd. from Wellesley Corporation Ltd.. |