Advani Hotels & Resorts (India) share news, announcements and annual reports
NSE: ADVANIHOTRBSE: 523269Leisure ServicesSmall Cap
Advani Hotels & Resorts (India) Limited · Formerly Ramada Hotels (I) · Face value ₹2 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Nov 1989 on BSE, Jun 2007 on NSE
Last close ₹43.85down ₹1.58 (3.48%)BSE ₹44.14
Share price at the NSE close on 2 Nov 2026. Previous close ₹45.43.
2 Nov: open ₹45.43, high ₹46.28, low ₹43.50
52-week range of traded prices to 2 Nov 2026
₹40.75Low, 26 Oct 2026₹65.50High, 23 Jan 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹405 Cr1,850th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 17.70
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 0.79
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 4.10%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 7.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 5.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 49,28381.0% delivered
Advani Hotels & Resorts (India) share news and announcements
607 announcements, routine notices left out, newest first. Page 12 of 13.
Jun 2009
17 Jun · Updates
We have been informed by the management of our subsidiary M/s Advani Pleasure Cruise Company Private Limited, which is engaged in Offshore Casino Business, that taking into account the general recessionary trends and cashflow problems faced by them, they have temporarily suspended their operations with effect from 5 p.m. on 12th June 200916 Jun · Updates
Mr. K. Kannan, Director, in terms of Clause 49 III of the Listing Agreement, on the Board of the Company's subsidiary Advani Pleasure Cruise Company Private Limited, has resigned due to personal reasons from the Board of Advani Pleasure Cruise Company Private Limited with effect from June 12, 2009.3 Jun · Limited Review Report
Auditors have conducted the limited review for the un-audited financial results for the quarter ended March 31, 2009 and the year to date statement of unaudited financial period from April 01, 2008 to March 31, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Apr 2009
27 Apr · Board meeting
At the meeting of the Board of Directors of the Company held on April 25, 2009, inter alia the following decisions were taken : 1) The operations of the Company's subsidiary Advani Pleasure Cruise Company Private Limited was reviewed and it was decided to explore the option of disposal of the investment in the subsidiary. 2) The approval received by the Company from the Government of India, Ministry of Corporate Affairs for payment of managerial remuneration for the year 2008-09 to the Chairman & Managing Director and the Executive Director was noted and further direction for action was given.17 Apr · Board meeting
(i) To take on record the un-audited financial results for the quarter and year-ended March 31, 2009 and the consolidated results thereon.(ii) To review the operations of the Company's subsidary Advani Pleasure Cruise Company Private Limited and consider sale of investment in the subsidary.(iii) To take note of the sanction of the managerial remuneration payable to the Chairman & Managing Director and the Executive Director of the Company by the Government of India, Ministry of Corporate Affairs, New Delhi. (iv) Any other matter.8 Apr · Disclosure
Disclosure under Regulation 8A(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2009
7 Jan · Board meeting
To inter alia take on record the un-audited financial results for the quarter ended December 31, 2008 and the consolidated results thereon.
Dec 2008
19 Dec · Updates
At the Board Meeting of the Company held on December 15, 2008, Mr. Prakash Mehta, Independent Director on the Board, has been co-opted as a member of the Remuneration Committee with immediate effect and that with this addition the Remuneration Committee shall comprise of the following members: Mr. K. Kannan, Chairman & Independent Director, Mr. Anil Harish, Independent Director, Mr. Prakash Mehta, Independent Director, Mrs. Menaka Advani, Director.
Oct 2008
13 Oct · Board meeting
To inter alia take on record the un-audited financial results for the quarter and half-year ended September 30, 2008 and the consolidated results thereon.
Aug 2008
28 Aug · Meeting
At the Annual General Meeting of the Company held on August 28, 2008, the members have approved the following : (1) Adoption of Audited Balance Sheet as at March 31, 2008, Profit & Loss Account for the year ended on that date and the Reports of the Directors and Auditors thereon. (2) Payment of final dividend of 10% on the equity share capital of the Company. (3) Re-appointment of Mr. K. Kannan and Mr. Prakash V. Mehta as Directors of the Company. (4) Re-appointment of M/s J.G. Verma & Co. Chartered Accountants as the Statutory Auditors of the Company from conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting.
Jul 2008
26 Jul · Meeting
Register of Members and Share Transfer Books of the Company shall remain closed from August 21, 2008 to August 28, 2008 (both days inclusive) for the purpose of the Annual General Meeting of the Company to be held on August 28, 2008 and payment of Final Dividend @10% subject to the approval by the members at the Annual General Meeting.18 Jul · Meeting
Board of Directors of the Company at its meeting held on July 18, 2008 have recommended a final dividend of 10% on the Equity Shares in addition to the 20% interim dividend already declared and paid for the financial year 2007-08. Further, the Board of Directors have decided to convene the Annual General Meeting of the Company on August 28, 2008.11 Jul · Board meeting
To consider, inter-alia, the following: (1) To consider and approve the Audited Annual Accounts for the financial year ended March 31, 2008. (2) To fix the date, time and venue of the Annual General Meeting of the Company. (3) To consider and approve the Unaudited financial results (provisional) for the quarter ended June 30, 2008. (4) To consider payment of final Dividend, if any, on the Equity Share Capital of the Company for the year 2007-08.3 Jul · Updates
Advani Hotels & Resorts (India) Limited had informed the Exchange that Advani Hotels & Resorts (India) Limited (AHRIL) and its promoters had filed Appeal bearing No 85 of 2008 before Securities Appellate Tribunal ("SAT") against the order dated May 6, 2008 passed by Securities and Exchange Board of India ("SEBI") inter alia clearing the Letter of Offer submitted by Delta Hospitality Private Limited ("DELTA/ACQUIRER") along with persons acting in concert for acquiring 20% equity shares of AHRIL. In the said appeal AHRIL had inter alia prayed for a direction to be issued to SEBI to investigate the various complaints filed by AHRIL with SEBI from time to time regarding the public offer made by DELTA. The said appeal came up for hearing before Hon'ble Tribunal on July 01, 2008. After hearing the parties, Hon'ble Tribunal vide its order dated July 01, 2008 disposed of the appeal and has inter alia directed SEBI to dispose of the Complaint dated June 18, 2008 filed by AHRIL, with regard to the public offer made by DELTA, in accordance with law by passing a speaking order.3 Jul · Post offer Public announcement
They have published Post Offer Public Announcement on July 01, 2008 on behalf of Delta Hospitality Private Limited (formerly known as Fasttrack Impex Private Limited) [Acquirer] and Arrow Webtex Limited [Person Acting in Concert / PAC] in the newspapers, informing the shareholders the relevant details relating to the Voluntary Open Offer to acquire equity shares of Advani Hotels & Resorts (India) Limited [AHRL]. A copy of the Post Offer Public Announcement shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jun 2008
20 Jun · Updates
Further to the letter dated June 10, 2008 the matter came up for hearing before the Securities Appellate Tribunal today (June 20, 2008) and the same has been posted for hearing on July 1, 2008".10 Jun · Updates
Advani Hotels & Resorts (India) Limited had informed the Exchange that "The Company and the Promoters have filed an appeal before SAT against the Acquirer and SEBI relating to the Open Offer. We understand that some other shareholders have also filed an Appeal before SAT on this same issue". The Company has now informed the Exchange vide its letter dated June 10, 2008 that : "The matter came up for hearing before the Securities Appellate Tribunal today and AHRIL and its Promoters have been given time to file a reply to the affidavit submitted by Delta Hospitality Pvt. Ltd. The next date of hearing of matter has been fixed on June 20, 2008 and the Acquirer has agreed to abide by the SAT order irrespective of the closing of the Open Offer on June 14, 2008".6 Jun · Updates
Announcement broadcast on December 24, 2007 and the approval granted by the members of the Company under Section 293 (1) (a) of the Companies Act, 1956 through postal ballot for the transfer, sale and / or disposal of the business and / or assets connected with Flight Catering Unit of the Company viz. 'Airport Plaza' situated at Dabolim, Goa. "Kindly take a note that the sale process and transfer formalities for the transfer of the 'Airport Plaza' to gate Gourmet Switzerland GmbH for a total consideration of Rs. 20,30,00,000 (Rupees Twenty Crore Thirty lacs Only) has been completed on June 04, 2008."4 Jun · Updates
Appeal filed by the Company and the Promoters before the Securities Appellate Tribunal, has been scheduled for hearing on June 10, 2008.3 Jun · Updates
The Company and the Promoters have filed an appeal before SAT against the Acquirer and SEBI relating to the Open Offer. We understand that some other shareholders have also filed an Appeal before SAT on this same issue
May 2008
30 May · Updates
This is in reference to the disclosures made by the Acquirer for the shares acquired by it on May 07, 2008 under Regulation 22(17) of the Takeover Regulations. In terms thereof, the Acquirer had disclosed the acquisition of 1,18,017 fully paid up equity shares of Rs.2/- each of the Target Company, Since the acquisitions were made on the floor of the stock exchanges, the said disclosures were made by the Acquirer pursuant to the confirmations received by the acquirer from its Broker within the time periods specified under the Takeover Regulations. However, at the time of settlement of the abovementioned market purchases, the Acquirer was informed that certain deliveries failed and consequently 100 equity shares were short acquired on that date. In view thereof, the correct number of shares acquired on May 07, 2008 should be 1,17,917 equity shares of Rs. 2/- each instead of the reported quantity of 1,18,017 equity shares of Re. 2/- each. Therefore, by way of good order, the Acquirer is making this revised disclosure under Regulation 22(17) of the Takeover Regulations30 May · Updates
This is in reference to the disclosures made by the Acquirer for the shares acquired by it on May 12, 2008 under Regulation 22(17) of the Takeover Regulations. In terms thereof, the Acquirer had disclosed the acquisition of 1731 fully paid up equity shares of Rs.2/- each of the Target Company, Since the acquisitions were made on the floor of the stock exchanges, the said disclosures were made by the Acquirer pursuant to the confirmations received by the acquirer from its Broker within the time periods specified under the Takeover Regulations. However, at the time of settlement of the abovementioned market purchases, the Acquirer was informed that certain deliveries failed and consequently 31 equity shares were short acquired on that date. In view thereof, the correct number of shares acquired on May 12, 2008 should be 1,700 equity shares of Rs. 2/- each instead of the reported quantity of 1731 equity shares of Re. 2/- each. Therefore, by way of good order, the Acquirer is making this revised disclosure under Regulation 22(17) of the Takeover Regulations22 May · Corrigendum
They have published a Corrigendum to Public Announcement on May 22, 2008 on behalf of Delta Hospitality Private Limited (formerly known as Fasttrack Impex Private Limited) [Acquirer] and Arrow Webtex Limited [Person Acting in Concert / PAC] in the newspapers, informing the shareholders of Advani Hotels & Resorts (India) Limited [AHRL] about the revised schedule of activities and other relevant details relating to the Voluntary Open Offer to acquire equity shares of Advani Hotels & Resorts (India) Limited [AHRL]. A copy of the Corrigendum shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.12 May · Updates
On May 12, 2008, Delta Hospitality Private Ltd. (Acquirer) has acquired 1731 fully paid up equity shares of Rs.2/- each of Advani Hotels & Resorts (India) Limited ("AHRL") at an average price of Rs. 98/- per equity share from the open market through the stock exchange mechanism of Bombay Stock Exchange Ltd. The Shares constitute 0.004% of the paid up share capital of AHRL. The highest price paid for acquisition of the part of the aforesaid shares is Rs.98/- per share. In light of the public announcement issued by Delta Hospitality Private Ltd. (Acquirer)/ Arrow Webtex Ltd. (Person Acting in Concert) under Regulation 10 of the Takeover Regulations on February 29, 2008 and the open offer to be made by Delta Hospitality Private Ltd. (Acquirer) and Arrow Webtex Ltd. (Person Acting in Concert) pursuant thereto ("Open Offer"), this disclosure is being made under Regulation 22 (17) of the Takeover Regulations. The highest purchase price of Rs. 98/- per Share paid by Delta Hospitality Private Ltd. (Acquirer) towards the above mentioned open market purchase is less than the price of Rs. 103/- per share payable by Delta Hospitality Private Ltd. (Acquirer) / Arrow Webtex Ltd. (Person Acting in Concert) under the Open Offer. Accordingly, the above mentioned acquisition will not impact the price payable to the shareholders of AHRL who tender their shares in the Open Offer12 May · Updates
On May 9, 2008, Delta Hospitality Private Ltd. (Acquirer) has acquired 31,92,874 fully paid up equity shares of Rs.2/- each of Advani Hotels & Resorts (India) Limited ("AHRL") at an average price of Rs. 100.98/- per equity share from the open market by way of block deal, the stock exchange mechanism of Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd. The Shares constitute 6.91% of the paid up share capital of AHRL. The highest price paid for acquisition of the part of the aforesaid shares is Rs.101/- per share. In light of the public announcement issued by Delta Hospitality Private Ltd. (Acquirer)/ Arrow Webtex Ltd. (Person Acting in Concert) under Regulation 10 of the Takeover Regulations on February 29, 2008 and the open offer to be made by Delta Hospitality Private Ltd. (Acquirer) and Arrow Webtex Ltd. (Person Acting in Concert) pursuant thereto ("Open Offer"), this disclosure is being made under Regulation 22 (17) of the Takeover Regulations. The highest purchase price of Rs. 101/- per Share paid by Delta Hospitality Private Ltd. (Acquirer) towards the above mentioned open market purchase by way of block deals, is less than the price of Rs. 103/- per share payable by Delta Hospitality Private Ltd. (Acquirer) / Arrow Webtex Ltd. (Person Acting in Concert) under the Open Offer. Accordingly, the above mentioned acquisition will not impact the price payable to the shareholders of AHRL who tender their shares in the Open Offer9 May · Updates
Vide its letter dated May 08, 2008, that: "On May 8, 2008, Delta Hospitality Private Ltd. (Acquirer) has acquired 1,73,441 fully paid up equity shares of Rs.2/- each of Advani Hotels & Resorts (India) Limited ("AHRL") at an average price of Rs. 99.91/- per equity share from the open market through the stock exchange mechanism of Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd. The Shares constitute 0.375% of the paid up share capital of AHRL. The highest price paid today for acquisition of part of the aforesaid shares is Rs.101.85/- per share. In light of the public announcement issued by Delta Hospitality Private Ltd. (Acquirer)/ Arrow Webtex Ltd. (Person Acting in Concert) under Regulation 10 of the Takeover Regulations on February 29, 2008 and the open offer to be made by Delta Hospitality Private Ltd. (Acquirer) and Arrow Webtex Ltd. (Person Acting in Concert) pursuant thereto ("Open Offer"), this disclosure is being made under Regulation 22 (17) of the Takeover Regulations. The highest purchase price of Rs. 101.85/- per Share paid today by Delta Hospitality Private Ltd. (Acquirer) towards part of the above mentioned open market purchase is less than the price of Rs. 103/- per share payable by Delta Hospitality Private Ltd. (Acquirer) / Arrow Webtex Ltd. (Person Acting in Concert) under the Open Offer. Accordingly, the above mentioned acquisition will not impact the price payable to the shareholders of AHRL who tender their shares in the Open Offer".7 May · Updates
Vide its letter dated May 07, 2008, that: "On May 7, 2008, Delta Hospitality Private Ltd. (Acquirer) has acquired 1,18,017 fully paid up equity shares of Rs.2/- each of Advani Hotels & Resorts (India) Limited ("AHRL") at an average price of Rs. 96.46/- per equity share from the open market through the stock exchange mechanism of Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd. The Shares constitute 0.255% of the paid up share capital of AHRL. The highest price paid today for acquisition of part of the aforesaid shares is Rs.97/- per share. In light of the public announcement issued by Delta Hospitality Private Ltd. (Acquirer)/ Arrow Webtex Ltd. (Person Acting in Concert) under Regulation 10 of the Takeover Regulations on February 29, 2008 and the open offer to be made by Delta Hospitality Private Ltd. (Acquirer) and Arrow Webtex Ltd. (Person Acting in Concert) pursuant thereto ("Open Offer"), this disclosure is being made under Regulation 22 (17) of the Takeover Regulations. The highest purchase price of Rs. 97/- per Share paid today by Delta Hospitality Private Ltd. (Acquirer) towards part of the above mentioned open market purchase is less than the price of Rs. 103/- per share payable by Delta Hospitality Private Ltd. (Acquirer) / Arrow Webtex Ltd. (Person Acting in Concert) under the Open Offer. Accordingly, the above mentioned acquisition will not impact the price payable to the shareholders of AHRL who tender their shares in the Open Offer".
Apr 2008
23 Apr · Dividend
At the meeting of the Board of Directors of the Company held on April 23, 2008, inter alia the following decisions were taken : (1) The Directors have declared an interim dividend of 20% on the paid up Equity Share Capital of the Company and the record date for the same has been fixed for May 09, 2008. (3) The Directors have after discussions, for the time being agreed to defer the matter relating to issue of securities to promoters and others to part-finance the refurbishment of the Hotel.15 Apr · Board meeting
To inter alia transact the following business: (1) To take on record the consolidated un-audited financial results for the quarter and year ended March 31, 2008. (2) To consider interim Dividend on the Equity Share Capital. (3) To consider issue of Securities to promoters and others to part-finance the refurbishment of the Hotel.10 Apr · Management
The Company has appointed Mr. Kumar Iyer, as a Company Secretary w.e.f. April 7, 2008. Mr. Kumar Iyer will also be the Compliance Officer of the Company4 Apr · Updates
Vide its letter dated April 04, 2008, that: "On April 04, 2008, Delta Hospitality Private Ltd. (Acquirer) has acquired 25,000 fully paid up equity shares of Rs.2/- each of Advani Hotels & Resorts (India) Limited ("AHRL") at an average price of Rs. 89.60 per equity share from the open market through the stock exchange mechanism of Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd. The Shares constitute 0.054% of the paid up share capital of AHRL. The highest price paid today for acquisition of part of the aforesaid shares is Rs.90/- per share. In light of the public announcement issued by Delta Hospitality Private Ltd. (Acquirer) / Arrow Webtex Ltd. (Person Acting in Concert) under Regulation 10 of the Takeover Regulations on February 29, 2008 and the open offer to be made by Delta Hospitality Private Ltd. (Acquirer) and Arrow Webtex Ltd. (Person Acting in Concert) pursuant thereto ("Open Offer"), this disclosure is being made under Regulation 22 (17) of the Takeover Regulations. The highest purchase price of Rs. 90/- per Share paid today by Delta Hospitality Private Ltd. (Acquirer) towards part of the above mentioned open market purchase is less than the price of Rs. 103/- per share payable by Delta Hospitality Private Ltd. (Acquirer) / Arrow Webtex Ltd. (Person Acting in Concert) under the Open Offer. Accordingly, the above mentioned acquisition will not impact the price payable to the shareholders of AHRL who tender their shares in the Open Offer".2 Apr · Updates
Vide its letter dated April 02, 2008, that: "On April 02, 2008, Delta Hospitality Private Ltd. (Acquirer) has acquired 11,198 fully paid up equity shares of Rs.2/- each of Advani Hotels & Resorts (India) Limited ("AHRL") at an average price of Rs. 91.66 per equity share from the open market through the stock exchange mechanism of Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd. The Shares constitute 0.02% of the paid up share capital of AHRL. The highest price paid today for acquisition of part of the aforesaid shares is Rs.93.45 per share. In light of the public announcement issued by Delta Hospitality Private Ltd. (Acquirer) / Arrow Webtex Ltd. (Person Acting in Concert) under Regulation 10 of the Takeover Regulations on February 29, 2008 and the open offer to be made by Delta Hospitality Private Ltd. (Acquirer) and Arrow Webtex Ltd. (Person Acting in Concert) pursuant thereto ("Open Offer"), this disclosure is being made under Regulation 22 (17) of the Takeover Regulations. The highest purchase price of Rs. 93.45 per Share paid today by Delta Hospitality Private Ltd. (Acquirer) towards part of the above mentioned open market purchase is less than the price of Rs. 103/- per share payable by Delta Hospitality Private Ltd. (Acquirer) / Arrow Webtex Ltd. (Person Acting in Concert) under the Open Offer. Accordingly, the above mentioned acquisition will not impact the price payable to the shareholders of AHRL who tender their shares in the Open Offer".1 Apr · Updates
Vide its letter dated April 01, 2008, that: "On April 01, 2008, Delta Hospitality Private Ltd. (Formerly known as Fasttrack Impex Private Limited) (Acquirer) has acquired 3,237 fully paid up equity shares of Rs.2/- each of Advani Hotels & Resorts (India) Limited ("AHRL") at an average price of Rs. 87/- per equity share from the open market through the stock exchange mechanism of Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd. The Shares constitute 0.007% of the paid up share capital of AHRL. The highest price paid today for acquisition of part of the aforesaid shares is also Rs.87/- per share. In light of the public announcement issued by Delta Hospitality Private Ltd. (Acquirer) / Arrow Webtex Ltd. (Person Acting in Concert) under Regulation 10 of the Takeover Regulations on February 29, 2008 and the open offer to be made by Delta Hospitality Private Ltd. (Acquirer) and Arrow Webtex Ltd. (Person Acting in Concert) pursuant thereto ("Open Offer"), this disclosure is being made under Regulation 22 (17) of the Takeover Regulations. The highest purchase price of Rs. 87/- per Share paid today by Delta Hospitality Private Ltd. (Acquirer) towards part of the above mentioned open market purchase is less than the price of Rs. 103/- per share payable by Delta Hospitality Private Ltd. (Acquirer) / Arrow Webtex Ltd. (Person Acting in Concert) under the Open Offer. Accordingly, the above mentioned acquisition will not impact the price payable to the shareholders of AHRL who tender their shares in the Open Offer".1 Apr · Updates
Delta Hospitality Private Limited (Formerly known as Fasttrack Impex Pvt. Ltd.) had informed the Exchange vide its letter dated March 24, 2008 regarding the acquisition of 6,931 fully paid up equity shares of Rs.2/- each of the Target Company (Advani Hotels & Resorts (India) Limited), under Regulation 22(17) of the Takeover Regulations. Delta Hospitality Private Limited (Formerly known as Fasttrack Impex Pvt. Ltd.) ("Acquirer") has now informed the Exchange that: "Since the acquisitions were undertaken through the floor of the stock exchanges, the said disclosures were made by the Acquirer [Delta Hospitality Private Limited (Formerly known as Fasttrack Impex Pvt. Ltd.)] pursuant to the contract notes executed between the Acquirer and Kotak Securities Ltd. within the time periods specified under the Takeover Regulations. However, at the time of settlement of the abovementioned market purchases, the Acquirer was informed on April 1, 2008 that certain deliveries failed and consequently 700 equity shares were short acquired on that date. In view thereof, the correct number of shares acquired on March 24, 2008 should be 6,231 equity shares instead of the reported quantity of 6,931 equity shares. Therefore, by way of good order, the Acquirer is making the revised disclosures under Regulation 22(17) of the Takeover Regulations".
Mar 2008
27 Mar · Updates
Vide its letter dated March 27, 2008, that: "On March 27, 2008, Fasttrack Impex Private Ltd. (Acquirer) has acquired 1,562 fully paid up equity shares of Rs.2/- each of Advani Hotels & Resorts (India) Limited ("AHRL") at an average price of Rs. 90.98 per equity share from the open market through the stock exchange mechanism of Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd. The Shares constitute 0.003% of the paid up share capital of AHRL. The highest price paid today for acquisition of part of the aforesaid shares is Rs.91/- per share. In light of the public announcement issued by Fasttrack Impex Private Ltd. (Acquirer)/ Arrow Webtex Ltd. (Person Acting in Concert) under Regulation 10 of the Takeover Regulations on February 29, 2008 and the open offer to be made by Fasttrack Impex Private Ltd. (Acquirer) and Arrow Webtex Ltd. (Person Acting in Concert) pursuant thereto ("Open Offer"), this disclosure is being made under Regulation 22 (17) of the Takeover Regulations. The highest purchase price of Rs. 91/- per Share paid today by Fasttrack Impex Private Ltd. (Acquirer) towards part of the above mentioned open market purchase is less than the price of Rs. 103/- per share payable by Fasttrack Impex Private Ltd. (Acquirer) / Arrow Webtex Ltd. (Person Acting in Concert) under the Open Offer. Accordingly, the above mentioned acquisition will not impact the price payable to the shareholders of AHRL who tender their shares in the Open Offer".26 Mar · Updates
Vide its letter dated March 26, 2008, that: "On March 26, 2008, Fasttrack Impex Private Ltd. (Acquirer) has acquired 1,455 fully paid up equity shares of Rs.2/- each of Advani Hotels & Resorts (India) Limited ("AHRL") at an average price of Rs. 91/- per equity share from the open market through the stock exchange mechanism of Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd. The Shares constitute 0.003% of the paid up share capital of AHRL. The highest price paid today for acquisition of part of the aforesaid shares is Rs.91/- per share. In light of the public announcement issued by Fasttrack Impex Private Ltd. (Acquirer)/ Arrow Webtex Ltd. (Person Acting in Concert) under Regulation 10 of the Takeover Regulations on February 29, 2008 and the open offer to be made by Fasttrack Impex Private Ltd. (Acquirer) and Arrow Webtex Ltd. (Person Acting in Concert) pursuant thereto ("Open Offer"), this disclosure is being made under Regulation 22 (17) of the Takeover Regulations. The highest purchase price of Rs. 91/- per Share paid today by Fasttrack Impex Private Ltd. (Acquirer) towards part of the above mentioned open market purchase is less than the price of Rs. 103/- per share payable by Fasttrack Impex Private Ltd. (Acquirer) / Arrow Webtex Ltd. (Person Acting in Concert) under the Open Offer. Accordingly, the above mentioned acquisition will not impact the price payable to the shareholders of AHRL who tender their shares in the Open Offer".24 Mar · Updates
Vide its letter dated March 24, 2008, that: "On March 24, 2008, Fasttrack Impex Private Ltd. (Acquirer) has acquired 6931 fully paid up equity shares of Rs.2/- each of Advani Hotels & Resorts (India) Limited ("AHRL") at an average price of Rs. 93/- per equity share from the open market through the stock exchange mechanism of Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd. The Shares constitute 0.015% of the paid up share capital of AHRL. The highest price paid today for acquisition of part of the aforesaid shares is Rs.93/- per share. In light of the public announcement issued by Fasttrack Impex Private Ltd. (Acquirer)/ Arrow Webtex Ltd. (Person Acting in Concert) under Regulation 10 of the Takeover Regulations on February 29, 2008 and the open offer to be made by Fasttrack Impex Private Ltd. (Acquirer) and Arrow Webtex Ltd. (Person Acting in Concert) pursuant thereto ("Open Offer"), this disclosure is being made under Regulation 22 (17) of the Takeover Regulations. The highest purchase price of Rs. 93/- per Share paid today by Fasttrack Impex Private Ltd. (Acquirer) towards part of the above mentioned open market purchase is less than the price of Rs. 103/- per share payable by Fasttrack Impex Private Ltd. (Acquirer) / Arrow Webtex Ltd. (Person Acting in Concert) under the Open Offer. Accordingly, the above mentioned acquisition will not impact the price payable to the shareholders of AHRL who tender their shares in the Open Offer".19 Mar · Updates
Vide its letter dated March 19, 2008, that: "On March 19, 2008, Fasttrack Impex Private Ltd. (Acquirer) has acquired 4183 fully paid up equity shares of Rs.2/- each of Advani Hotels & Resorts (India) Limited ("AHRL") at an average price of Rs. 93/- per equity share from the open market through the stock exchange mechanism of Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd. The Shares constitute 0.009% of the paid up share capital of AHRL. The highest price paid today for acquisition of part of the aforesaid shares is Rs.93/- per share. In light of the public announcement issued by Fasttrack Impex Private Ltd. (Acquirer)/ Arrow Webtex Ltd. (Person Acting in Concert) under Regulation 10 of the Takeover Regulations on February 29, 2008 and the open offer to be made by Fasttrack Impex Private Ltd. (Acquirer) and Arrow Webtex Ltd. (Person Acting in Concert) pursuant thereto ("Open Offer"), this disclosure is being made under Regulation 22 (17) of the Takeover Regulations. The highest purchase price of Rs. 93/- per Share paid today by Fasttrack Impex Private Ltd. (Acquirer) towards part of the above mentioned open market purchase is less than the price of Rs. 103/- per share payable by Fasttrack Impex Private Ltd. (Acquirer) / Arrow Webtex Ltd. (Person Acting in Concert) under the Open Offer. Accordingly, the above mentioned acquisition will not impact the price payable to the shareholders of AHRL who tender their shares in the Open Offer".18 Mar · Updates
Vide its letter dated March 18, 2008, that "On March 18, 2008, Fasttrack Impex Private Ltd. (Acquirer) has acquired 110 fully paid up equity shares of Rs.2/- each of Advani Hotels & Resorts (India) Limited ("AHRL") at an average price of Rs. 93/- per equity share from the open market through the stock exchange mechanism of Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd. The Shares constitute 0.0002% of the paid up share capital of AHRL. The highest price paid today for acquisition of part of the aforesaid shares is Rs.93/- per share. In light of the public announcement issued by Fasttrack Impex Private Ltd. (Acquirer)/ Arrow Webtex Ltd. (Person Acting in Concert) under Regulation 10 of the Takeover Regulations on February 29, 2008 and the open offer to be made by Fasttrack Impex Private Ltd. (Acquirer) and Arrow Webtex Ltd. (Person Acting in Concert) pursuant thereto ("Open Offer"), this disclosure is being made under Regulation 22 (17) of the Takeover Regulations. The highest purchase price of Rs. 93/- per Share paid today by Fasttrack Impex Private Ltd. (Acquirer) towards part of the above mentioned open market purchase is less than the price of Rs. 103/- per share payable by Fasttrack Impex Private Ltd. (Acquirer) / Arrow Webtex Ltd. (Person Acting in Concert) under the Open Offer. Accordingly, the above mentioned acquisition will not impact the price payable to the shareholders of AHRL who tender their shares in the Open Offer".17 Mar · Updates
Vide its letter dated March 17, 2008, that "On March 17, 2008, Fasttrack Impex Private Ltd. (Acquirer) has acquired 27,230 fully paid up equity shares of Rs.2/- each of Advani Hotels & Resorts (India) Limited ("AHRL") at an average price of Rs. 95.04 per equity share from the open market through the stock exchange mechanism of Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd. The Shares constitute 0.06% of the paid up share capital of AHRL. The highest price paid today for acquisition of part of the aforesaid shares is Rs.96 per share. In light of the public announcement issued by Fasttrack Impex Private Ltd. (Acquirer)/ Arrow Webtex Ltd. (Person Acting in Concert) under Regulation 10 of the Takeover Regulations on February 29, 2008 and the open offer to be made by Fasttrack Impex Private Ltd. (Acquirer) and Arrow Webtex Ltd. (Person Acting in Concert) pursuant thereto ("Open Offer"), this disclosure is being made under Regulation 22 (17) of the Takeover Regulations. The highest purchase price of Rs. 96 per Share paid today by Fasttrack Impex Private Ltd. (Acquirer) towards part of the above mentioned open market purchase is less than the price of Rs. 103.00 per share payable by Fasttrack Impex Private Ltd. (Acquirer) / Arrow Webtex Ltd. (Person Acting in Concert) under the Open Offer. Accordingly, the above mentioned acquisition will not impact the price payable to the shareholders of AHRL who tender their shares in the Open Offer".17 Mar · Management
Company Secretary of our Company, who was also the Compliance Officer, has resigned. We have now appointed Mr. Ajay Vichare as the Compliance Officer, who is the Senior Manager- Corporate Finance, until a Company Secretary is appointed17 Mar · Updates
Vide its letter dated March 14, 2008, that "On March 14, 2008, Fasttrack Impex Private Ltd. (Acquirer) has acquired 4,41,424 fully paid up equity shares of Rs.2/- each of Advani Hotels & Resorts (India) Limited ("AHRL") at an average price of Rs. 95.86 per equity share from the open market through the stock exchange mechanism of Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd. The Shares constitute 0.96% of the paid up share capital of AHRL. The highest price paid today for acquisition of part of the aforesaid shares is Rs.97 per share. In light of the public announcement issued by Fasttrack Impex Private Ltd. (Acquirer)/ Arrow Webtex Ltd. (Person Acting in Concert) under Regulation 10 of the Takeover Regulations on February 29, 2008 and the open offer to be made by Fasttrack Impex Private Ltd. (Acquirer) and Arrow Webtex Ltd. (Person Acting in Concert) pursuant thereto ("Open Offer"), this disclosure is being made under Regulation 22 (17) of the Takeover Regulations. The highest purchase price of Rs. 97 per Share paid today by Fasttrack Impex Private Ltd. (Acquirer) towards part of the above mentioned open market purchase is less than the price of Rs. 103.00 per share payable by Fasttrack Impex Private Ltd. (Acquirer) / Arrow Webtex Ltd. (Person Acting in Concert) under the Open Offer. Accordingly, the above mentioned acquisition will not impact the price payable to the shareholders of AHRL who tender their shares in the Open Offer".14 Mar · Updates
On March 13, 2008, Fasttrack Impex Private Ltd. (Acquirer) has acquired 1,33,765 fully paid up equity shares of Rs.2/- each of Advani Hotels & Resorts (India) Limited ("AHRL") at an average price of Rs. 91.15 per equity share from the open market through the stock exchange mechanism of Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd. The Shares constitute 0.29% of the paid up share capital of AHRL. The highest price paid for acquisition of the part of the aforesaid shares is Rs.93.85 per share. In light of the public announcement issued by Fasttrack Impex Private Ltd. (Acquirer)/ Arrow Webtex Ltd. (Person Acting in Concert) under Regulation 10 of the Takeover Regulations on February 29, 2008 and the open offer to be made by Fasttrack Impex Private Ltd. (Acquirer) and Arrow Webtex Ltd. (Person Acting in Concert) pursuant thereto ("Open Offer"), this disclosure is being made under Regulation 22 (17) of the Takeover Regulations. The highest purchase price of Rs. 93.85 per Share paid by Fasttrack Impex Private Ltd (Acquirer) towards the above mentioned open market purchase is less than the price of Rs. 103.00 per share payable by Fasttrack Impex Private Ltd. (Acquirer) / Arrow Webtex Ltd. (Person Acting in Concert) under the Open Offer. Accordingly, the above mentioned acquisition will not impact the price payable to the shareholders of AHRL who tender their shares in the Open Offer14 Mar · Corrigendum to Open offer
They have published a Corrigendum to Public Announcement on March 13, 2008 on behalf of Fasttrack Impex Private Limited [Acquirer] and Arrow Webtex Limited [Person Acting in Concert / PAC] in the newspaper, informing the shareholders of Advani Hotels & Resorts (India) Limited [AHRL] about the upward revision of Offer price relating to the Voluntary Open Offer to acquire equity shares of Advani Hotels & Resorts (India) Limited [AHRL]. A copy of the Corrigendum shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.12 Mar · Updates
Fasttrack Impex Private Ltd. (Acquirer) has informed the Exchange that "On March 11, 2008, has acquired 6,77,512 fully paid up equity shares of Rs 2/- each of Advani Hotels & Resorts (India) Limited ("AHRL") at an average price of Rs. 86.31 per equity share from the open market through the stock exchange mechanism. The Shares constitute 1.47% of the paid up share capital of AHRL. In light of the public announcement issued by Fasttrack Impex Private Ltd. (Acquirer)/ Arrow Webtex Ltd. (Person Acting in Concert) under Regulation 10 of the Takeover Regulations on February 29, 2008 and the open offer to be made by Fasttrack Impex Private Ltd. (Acquirer) and Arrow Webtex Ltd. (Person Acting in Concert) pursuant thereto ("Open Offer"), this disclosure is being made under Regulation 22 (17) of the Takeover Regulations. The Average purchase price of Rs. 86.31 per Share paid by Fasttrack Impex Private Ltd (Acquirer) towards the above mentioned open market purchase is less than the price of Rs. 102.00 per share payable by Fasttrack Impex Private Ltd. (Acquirer) / Arrow Webtex Ltd. (Person Acting in Concert) under the Open Offer. Accordingly, the above mentioned acquisition will not impact the price payable to the shareholders of AHRL who tender their shares in the Open Offer".10 Mar · Board meeting postponed
Advani Hotels & Resorts (India) Limited had informed the Exchange regarding the Board Meeting scheduled to be held on March 11, 2008 to consider the following business: (1). To Consider interim Dividend on the Equity Share Capital. (2). To Consider issue of Securities to promoters and others to part-finance the refurbishment of the Hotel. The Company has now informed the Exchange that the meeting has been postponed due to unavailability of the independent directors.4 Mar · Board meeting
To consider the following business: (1). To Consider interim Dividend on the Equity Share Capital. (2). To Consider issue of Securities to promoters and others to part-finance the refurbishment of the Hotel.4 Mar · Public Announcement-Open Offer
Public Announcement ("PA") being issued by them ("YBL"), [hereinafter referred to as the "Manager to the Offer"] on behalf of Fasttrack Impex Private Limited [hereinafter referred to as the "Acquirer" or "FIPL"] along with Arrow Webtex Limited [hereinafter referred to as "Arrow" / "Person Acting in Concert" / "PAC"], pursuant to and in compliance with among others, Regulation 10 of Chapter III of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto (the "Takeover Regulations" or the "Regulations"). Arrow is a person acting in concert with FIPL only for the purposes of this Offer. No other person / individual / entity is acting in concert with FIPL for the purposes of this Offer. The Offer: The Acquirer and the PAC are hereby making this voluntary open offer, in compliance with Regulation 10 of the Takeover Regulations, to acquire upto 92,43,850 fully paid up equity shares of Rs.2/- each, representing 20% of the voting rights in AHRL (Advani Hotels & Resorts (India) Limited) from the equity shareholders of AHRL, at a price of Rs.102/- per share ("Offer Price") payable in cash subject to the terms and conditions mentioned in the PA. Equity shares that would be tendered in the valid form in terms of this Offer will be transferred in favour of FIPL. The Offer is not conditional upon any minimum level of acceptance. The Specified Date is March 07, 2008. The Date of opening of the Offer is April 24, 2008 & the Date of Closure of the Offer is May 13, 2008. A copy of the Public Announcement-Open Offer shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2008
24 Jan · Board meeting
For considering the Unaudited quarterly results for the third quarter ended December 31, 2007.
Dec 2007
24 Dec · Board meeting
The Board of Advani Hotels & Resorts (India) Limited in their meeting held on December 21, 2007 has ratified and approved the sale of the flight catering unit for a price Rs. 20,30,00,000 in terms of a Memorandum of Understanding dated December 08, 2007 subject to appropriate approvals including the consent of the shareholders. The Board directed that a Postal Ballot be taken for the purpose of obtaining the consent of the Shareholders