TGB Banquets and Hotels logo

TGB Banquets and Hotels share news, announcements and annual reports

NSE: TGBHOTELSBSE: 532845Leisure ServicesSmall Cap

TGB Banquets and Hotels Limited · Formerly Bhagwati Banquets and Hotels · Face value ₹10 · Listed May 2007
Last close ₹8.56down ₹0.24 (2.73%)BSE ₹9.42

Share price at the NSE close on 29 Oct 2026. Previous close ₹8.80.

29 Oct: open ₹8.88, high ₹8.90, low ₹8.40

52-week range of traded prices to 29 Oct 2026
₹7.50Low, 30 Mar 2026₹12.25High, 3 Nov 2025
Market cap
₹25 Cr3,919th largest listed
P/E
18.74
P/B
0.32
Dividend yield
Nonein the last 12 months
ROE
1.7%
ROCE
1.5%
Debt to equity
0.07
Volume, NSE
10,71288.7% delivered

TGB Banquets and Hotels share news and announcements

543 announcements, routine notices left out, newest first. Page 11 of 11.

  1. Dec 2009

    • 28 Dec · Updates

      Bhagwati Banquets & Hotels Ltd, launches first of it's kind exclusive club with world best amenities & facilities named "CLUB TGB" in city of Surat, Gujarat, alongside it's upcoming Five star Hotel and Convention center at Surat on Thursday, the 24th December, 2009. Bhagwati Banquets & Hotels Ltd's launch of CLUB TGB in city of Surat, will prove to be a right step in right direction. The Company expects a good response
    • 14 Dec · Management

      Japan Shah, Member of ICSI, Membership No. - 24366, has been appointed as a Company Secretary and Compliance Officer of the Company w.e.f. November 30, 2009. So now onwards Mr. Japan Shah will look after all the necessary Compliances of the Company w.e.f. November 30, 2009.
  2. Oct 2009

    • 22 Oct · Board meeting

      To consider the following business: (1) To consider and approve the Unaudited Financial Result for the quarter ended September 30, 2009. (2) Any other business with the permission of the chair.
  3. Sep 2009

    • 29 Sep · Meeting

      Outcome of the Annual General Meeting of members of the Company at it meetings held on September 29, 2009. The Outcome is as under: (1) Adoption of the Audited Balance Sheet of the Company at March 31, 2009 and the profit and loss Account for the year ended on that date together with the Directors Report including Report on Corporate Governance, Auditors Report, Consolidated Balance sheet, Consolidated Profit and Loss Account and Schedules appended thereto with its subsidiary company for the year ended March 31, 2009.(2) Reappointment of Shri Ganesh K., Shri Bakul Parikh, as Directors of the Company, liable to retire by rotation.(3) Appointment of M/s. O. P. Bhandari & Co., Chartered Accountants, Ahmedabad as Auditors of the Company to hold the office until the conclusion of the next Annual General Meeting of the Company.(4) Revision in the Remuneration and terms and conditions of appointment of Shri Ramesh K. Motiani Whole time Director of the Company, for the remaining period of their appointment w.e.f. September 01st, 2009.(5) Revision of the original project size, implementation, completion and commencement of the project by March 31, 2010.
    • 7 Sep · Corporate action

      Company has announced the book closure from September 22, 2009 to September 29, 2009 (both days inclusive) for the purpose of Annual General Meeting of the Members of the Company.
    • 7 Sep · Updates

      Pursuant to the resolution passed by the shareholders at their extraordinary General Meeting held on December 31, 2007 in accordance with SEBI Guidelines for Preferential Issues, the Company had allotted 75,63,600 convertible warrants on February 29, 2008, on a preferential basis, to the Promoters and Non Promoters, each convertible warrant carrying an entitlement to apply for one fully paid up equity share of the Company of face value of Rs.10/- each at an exercise Price Rs.82/- (including Premium Rs. 72/- per Share.) None of the warrant holders have exercised the option to convert the warrant into equity shares and not paid the balance amount payable on Conversation. Accordingly 75,63,600 convertible warrants have been lapsed and stand cancelled.
  4. Aug 2009

    • 21 Aug · Updates

      Opening of " 'The Grand Bhagwati Seasons' Hotel at Rajkot. The hotel has 53 luxurious rooms, speciality restaurants, coffee shop, Banquet Halls and 2,00,000 sq. ft. of open lawns. The Hotel is expected to add revenue of about Rs. 10 Crores in the current year 2009-10 with an estimated profit of about Rs. 2 Crores."
    • 5 Aug · Board meeting

      Board of Directors of the Company at their meeting held on July 31, 2009 has approved the following : 1) The Annual General Meeting of the Company will be held on September 29, 2009.
    • 3 Aug · Utilisation of Funds

      Vide notes to Accounts in the unaudited financial results for the quarter ended June 30, 2009 (taken on record by the Board of Directors of the Company at its meeting held on July 31, 2009) that: "Out of the Amount raised through Public Issue, Company has utilised Rs.9100 Lacs upto June 30, 2009 and balance unutilised amount of Rs.100 Lacs is temporarily invested in mutual fund, deposits and banks".
  5. Jul 2009

    • 22 Jul · Board meeting

      To consider the following business: 1) To consider and approve the Audited Annual Accounts for the year ended March 31, 2009. 2) To consider and approve the Unaudited Financial Results for the Quarter ended June 30, 2009. 3) To fix the date of Annual General Meeting of the Company. 4) Any other business with the permission of the Chair.
  6. May 2009

    • 19 May · Management

      Mrs. Meenu Maheshwari, Member of ICSI, has been appointed as a Company Secretary and Compliance Officer of the Company w.e.f. May 9, 2009.
    • 5 May · Utilisation of Funds

      Vide notes to Accounts in the unaudited financial results for the quarter ended March 31, 2009 (taken on record by the Board of Directors of the Company at its meeting held on April 30, 2009) that: "Out of the Amount raised through Public Issue, Company has already utilised Rs.8940 Lacs upto 31st March 2009 for its Surat and general corporate purposes. In view of the revision in project size and facilities, the project is going to be delayed".
  7. Apr 2009

    • 13 Apr · Board meeting

      Meeting on 30 Apr 2009: “Unaudited Financial Results for the qtr ended March 31, 2009”
    • 8 Apr · Updates

      Bhagwati Banquets and Hotels Ltd. has made its first debut in Rajasthan with the launch of "TGB World Cuisine Restaurant and Banquets" on 5th April, 2009 situated at 6th Floor, Crystal Court Roof Top, Near Gaurav Tower, Malviya Nagar, Jaipur, a posh area of the Jaipur city. The facility would have a multi-cuisine restaurant serving world's best cuisine in an ambience that would provide customers a fine dining experience. The menu shall offer an exotic range of exclusively vegetarian food delicacies. The Restaurant would also have a spacious lounge and a bar area. TGB at Jaipur also have two elegant & aesthetically decorated banquet halls, now open for customers, with a capacity to serve 1000 to 1200 guests combinedly, where marriages, receptions, parties could be arranged and would also serve the venues for corporate get-togethers and product launches, which will serve food and hospitality services under one roof. This venture of the group will provide outdoor catering services not only within the city of Jaipur but across Rajasthan.
  8. Jan 2009

    • 27 Jan · Results

      Outcome of the meeting of the Board of Directors of the Company held on January 23, 2009: (1) The Chairman has declared the result of the Postal Ballots received from the Shareholders and duly certified by Mr. R. S. Sharma, the Scrutinizer of the Company and declared the Special Resolution u/s 17 of the Companies Act, 1956 duly passed for alternation of the Memorandum of Association of the Company by inserting a new clause after clause No. 1 of the main object of the Memorandum of Association for taking up a business of windmills and wind Energy Generation. The certified true copy of the Resolution duly passed by shareholders of the Company 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.
    • 27 Jan · Utilisation of Funds

      Vide notes to Accounts in the unaudited financial results for the quarter ended December 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on January 23, 2009) that: "Out of the Amount raised through Public Issue, Company has already utilised Rs.7061 Lacs upto 31/12/2008 for its Surat and other expansion projects".
    • 14 Jan · Board meeting

      Meeting on 23 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”
  9. Oct 2008

    • 25 Oct · Updates

      Board of Directors proposed to adopt one of the object clauses pertaining to energy generation from windmill as its main object as mentioned in the "other objects" section of Memorandum of Association by altering the Memorandum of Association of the Company and proposed to seek approval of the members of the Company by way of postal ballot u/s 192A of the Companies Act, 1956.Jaipur and Bangalore project is on completion stage and Company propose to start the world fine cuisine Restaurant Banquet complex and Outdoor catering in the said cities probably in the mid of December, 2008.
    • 24 Oct · Board meeting

      At the Board of Director's Meeting of the company held on October 24, 2008: 1) The Board of Director further proposed to adopt one of the object clauses pertaining to energy generation from Windmill as its main objects as mentioned in the "Other Object" Section of Memoradum of Association of the Company, by altering the Memorandum of Association of the Company subject to approval of the members and passed the resolution in this regard. The Board further seeks approval of the members of the Company by way of postal ballot u/s. 192A of the Companies Act, 1956 for the said alteration of Memorandum of Association. 2) The Board of Directors further appointed Mr. R.S. Sharma (not being an employee of the Company), as Scrutinizer to handle the Postal ballot procedure and to declare postal ballot results.
    • 10 Oct · Board meeting

      Meeting on 24 Oct 2008: “Unaudited financial results for qtr ended September 30, 2008”
  10. Sep 2008

    • 29 Sep · Meeting

      Outcome of Annual General Meeting held on September 29, 2008. 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.
    • 11 Sep · Meeting

      Notice of the Annual General Meeting of the Shareholders of the company to be held on September 29, 2008. 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.
  11. Aug 2008

    • 28 Aug · Meeting

      Annual General Meeting of the Company will be held on September 29, 2008. The Register of the Members and the Share Transfer books of the Company will remain closed from September 20, 2008 to September 29, 2008 (both days inclusive) for the Annual General Meeting and Dividend purpose.
  12. Jul 2008

    • 24 Jul · Dividend

      Board of Directors at its Meeting held on July 24, 2008:(1) The Board Of Directors of the Company has recommended a dividend @ 10% i.e. Re. 1/- per Equity Shares of Rs. 10/- each for the financial year ended on March 31, 2008. (2) The Board of Directors further announced the following Audited Financial Results for the year ended March 31, 2008 & Unaudited Financial Result for the quarter ended as on June 30, 2008 : The Result for the year ended March 31, 2008: The Company has posted a profit after tax of Rs. 1003.86 Lacs for the year ended March 31, 2008 as compared to Rs. 291.95 Lacs for the year ended March 31, 2007. Total income has increased from Rs. 3579.36 Lacs for the year ended March 31, 2007 to RS. 6271.98 Lacs for the year ended March 31, 2008. The Result for the quarter ended June 30, 2008: For the Quarter ended June 30, 2008, the Net profit after tax is Rs. 154.17 Lacs and the total income is Rs.1337.16 Lacs.
    • 24 Jul · Utilisation of Funds

      Vide notes to Accounts in the unaudited financial results for the quarter ended June 30, 2008 (taken on record by the Board of Directors of the Company at its meeting held on July 24, 2008) that: "Out of the Amount raised through Public Issue, Company has utilised Rs.5050 Lacs upto 30/06/2008 and balance unutilised amount of Rs.4150 Lacs is temporarily invested in mutual fund, deposits and banks".
    • 16 Jul · Board meeting

      To consider inter alia, Audited Accounts of the Company for the year ended as on March 31, 2008 and the Unaudited Financial Results for the quarter ended as on June 30, 2008, considering payment of dividend, if any.
  13. May 2008

    • 6 May · Utilisation of Funds

      Vide notes to Accounts in the unaudited financial results for the quarter ended March 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on April 30, 2008) that: "Out of the Amount raised through Public Issue, Company has utilised Rs.4000 Lacs upto 31.03.2008 and balance unutilised amount of Rs.5200 Lacs is temporarily invested in mutual fund, deposits and banks."
  14. Apr 2008

    • 16 Apr · Board meeting

      To consider and take note of Unaudited Financial Results for the Quarter ended on March 31, 2008.
  15. Mar 2008

    • 3 Mar · Allotment

      At the Meeting of the Board of Directors of Bhagwati Banquets and Hotels Ltd. held on February 29, 2008 the Board of Directors have allotted 75,63,600 (Seventy Five Lakh Sixty Three Thousand Six Hundred) Warrants Convertible into Equity Shares to the Allottees as approved by the shareholders in the Extra Ordinary General Meeting of the Company held on December 31, 2007. The details of the list of Allottees to whom the Allotment is made on February 29, 2008 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.
  16. Jan 2008

    • 18 Jan · Board meeting

      Meeting on 31 Jan 2008: “Unaudited Financial Results for the qtr ended Dec 31, 2007”
    • 1 Jan · Meeting

      Minutes of the Extraordinary General Meeting of the Company held on December 31, 2007. The 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.
  17. Dec 2007

    • 11 Dec · Meeting

      Notice of the extra ordinary general meeting of the company to be held on December 31, 2007. 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.
    • 3 Dec · Board meeting

      Board of Director of the Company at its meeting held on November 30, 2007 "The Board has unanimously approved the following: 1) To allot 75,63,600 (Seventy Five Lakh Sixty Three Thousand Six Hundred only) convertible warrants to promoters and strategic investors as per list enclosed at the rate of Rs.82/- as per SEBI guidelines of preferential allotment or higher price which may be decided by shareholders in the Extra Ordinary General Meeting to be convened on 31-12-2007. 2) Authorised Capital of the Company to be increased to Rs.50 Crores. 3) Limit of investment by Foreign Institutional Investors (FIIs) to be increased to 49%. 4) To call an Extra Ordinary General Meeting of the Members of the Company on 31st December, 2007 for approval of the above and other matters incidental thereto and to seek shareholders' approval to raise further funds through any of the modes such as GDR/ADR/FCCB/QIP/Private Equity/Preferential Allotment up to an amount of Rs. 200 Crores to meet with the capital expenditure requirements of the company for future expansion plans. Further, the company has submitted list of allottes to whom convertible warrants will be issued. 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.
  18. Nov 2007

    • 26 Nov · Board meeting

      To consider, inter alia, (1) Raising of funds through one or more of various available options including preferential allotment of Shares/Convertible Warrants to various persons in Promoter & Non-Promoter categories in compliance of guidelines for Preferential Issue of SEBI (Disclosure & Investor Protection) Guidelines, 2000. (2) Increase in Authorised Share Capital of the Company. (3) Increase in the limit of investment by Foreign Institutional Investors in the Company. (4) To call an Extra-ordinary General Meeting of shareholders to approve the same and other matters incidental thereto.
  19. Oct 2007

    • 27 Oct · Miscellaneous

      "Bhagwati Banquets & Hotels Ltd launches its "TGB Club" offering Premier Membership in city of Surat" The details 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.
    • 24 Oct · Board meeting

      Meeting on 30 Oct 2007: “Unaudited Financial Results for the Qtr ended Sept 30, 2007”
    • 3 Oct · Meeting

      Minutes of the Annual General Meeting of the members of the Company held on September 28, 2007. 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.
  20. Sep 2007

    • 14 Sep · Management

      Vide its letter dated September 12, 2007 that "Ms. Kinnari Shah, Member of ICSI, Membership No. - 17261, has been appointed as a Company Secretary and Compliance Officer of the Company w.e.f. 1st September, 2007. So now onwards, Ms. Kinnari Shah will look after all the necessary Compliances of the Company w.e.f. 1st September, 2007. The Contact Number of the Compliance Officer is Mobile No. : 9909001016 Corporate office : +9179 29296192/193, 9879238383 (Ext : 202)".
  21. Aug 2007

    • 20 Aug · Meeting

      Board of Directors of the Company have decided to close the Register of Members and Share Transfer Books from September 22, 2007 to September 28, 2007 (both days inclusive) for the purpose of Annual General Meeting to be held on September 28, 2007.
    • 10 Aug · Utilisation of Funds

      Out of the Amount raised through Public Issue, Company has utilized Rs.1200 Lacs upto 30.06.2007 and balance unutilized amount of Rs.8000 Lacs is temporarily invested in various liquid mutual fund and other schemes.
  22. Jul 2007

    • 20 Jul · Board meeting

      To consider and take note of unaudited financial results for the quarter ended on June 30, 2007 and Audited Financial Results for the Financial Year ended March 31, 2007.
    • 18 Jul · Management

      Mr. Nimesh Shah has resigned as a Company Secretary and Compliance officer of the company w.e.f. 16th July 2007 after duty hours. Meanwhile Company has appointed Mr. Hemant Somani, Wholetime Director as Compliance Officer of the Company w.e.f. 17th July, 2007 until the appointment of new company secretary
  23. Jun 2007

    • 18 Jun · Miscellaneous

      The discussion and decision, in the Board meeting held on 15.06.2007, in the matter of giving discount to shareholders of the Company on food and beverages at various outlets of the company has been deferred till the next Board Meeting and the Board has asked for further details in the matter