Velan Hotels share price history

BSE: 526755Leisure ServicesSmall Cap

Velan Hotels Ltd. · Face value ₹10 · Listed Mar 1995

₹5.77₹0.27 (4.91%)

Share price at the BSE close on 29 Oct 2026. Previous close ₹5.50.

29 Oct: open ₹5.75, high ₹5.77, low ₹5.51

52-week range of traded prices to 29 Oct 2026

₹4.01Low, 1 Dec 2025₹7.59High, 6 Oct 2026

Under BSE's graded surveillance, stage II, on the list for 28 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.

Market cap: ₹18 Cr4,201st largest listed
P/E: Lossover the last 12 months
P/B: Net worth zero or below
Dividend yield: Nonein the last 12 months
ROE: Net worth zero or below
ROCE: −11.6%
Debt to equity: Net worth zero or below
Volume, BSE: 1,909

Velan Hotels share price by year, month and day

Closes to 29 Oct 2026; the last month as traded on BSE

Velan Hotels' share price is on record from 2 Jan 2007, when it closed at ₹18.35, to 29 Oct 2026. Its highest close was ₹64.85 on 22 Feb 2010 and its lowest ₹2.15 on 21 Oct 2020.

Close at year end, ₹

Year	Close at year end	Change	Highest close	Lowest close	Open	Traded high	Traded low	Volume
2026so far	5.77	−3.8%	7.55	5.06	6.00	7.59	4.94	15,24,037
2025	6.00	−21.8%	8.03	4.21	7.70	8.34	4.01	39,27,357
2024	7.67	+23.1%	9.13	5.37	6.79	9.68	5.06	80,87,488
2023	6.23	−11.0%	7.76	5.24	6.95	8.40	4.81	16,20,190
2022	7.00	+2.9%	11.58	6.33	7.14	12.15	5.80	37,55,187
2021	6.80	+172.0%	6.80	2.28	2.62	6.80	2.17	24,29,111
2020	2.50	−25.1%	4.50	2.15	3.50	4.68	2.06	7,59,351
2019	3.34	−32.1%	5.12	2.76	5.85	5.94	2.49	7,28,474
2018	4.92	−30.7%	8.34	4.81	8.40	9.03	4.26	10,04,758
2017	7.10	+19.7%	8.42	5.50	4.75	9.39	4.67	8,26,163
2016	5.93	−11.1%	7.02	4.50	6.94	7.75	3.62	9,48,285
2015	6.67	−16.6%	9.20	5.63	8.04	9.54	5.33	4,81,213
2014	8.00	−10.0%	12.64	7.20	8.63	12.64	7.00	9,76,837
2013	8.89	−37.2%	15.10	7.23	14.00	15.49	7.23	7,20,049
2012	14.15	−9.3%	24.05	14.05	15.70	25.90	13.80	14,73,925
2011	15.60	−37.3%	28.90	13.90	25.95	30.40	13.50	20,15,575
2010	24.90	−16.4%	64.85	21.00	30.00	67.40	19.20	66,34,772
2009	29.80	+300.5%	36.89	6.27	7.80	38.73	6.00	34,89,846
2008	7.44	−56.3%	18.70	6.99	17.85	19.60	6.50	9,28,916
2007	17.02	–	19.25	12.50	18.35	19.50	12.12	13,23,600

₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before; traded high and low are the year's range.

Month	Close	Change	Open	High	Low	Volume
Oct 2026so far	5.77	−14.5%	7.08	7.59	5.47	1,80,706
Sep 2026	6.75	+7.5%	6.20	6.88	5.07	1,68,767
Aug 2026	6.28	−2.3%	6.17	7.51	5.72	2,47,650
Jul 2026	6.43	+2.6%	6.20	6.84	5.65	1,85,149
Jun 2026	6.27	−7.1%	6.75	6.75	5.80	84,354
May 2026	6.75	+21.6%	5.55	6.86	5.54	2,15,901
Apr 2026	5.55	+7.6%	5.21	7.34	5.21	1,35,781
Mar 2026	5.16	−8.7%	5.76	5.90	5.03	75,369
Feb 2026	5.65	+4.4%	5.68	6.55	5.43	47,674
Jan 2026	5.41	−9.8%	6.00	6.49	4.94	1,82,686
Dec 2025	6.00	+42.5%	4.21	6.39	4.01	1,79,926
Nov 2025	4.21	−22.8%	5.20	5.72	4.21	20,764
Oct 2025	5.45	−19.3%	6.78	7.47	5.41	1,35,263
Sep 2025	6.75	+32.4%	5.10	7.05	4.18	3,11,102
Aug 2025	5.10	−28.6%	6.80	6.80	4.86	34,435
Jul 2025	7.14	+26.8%	5.65	7.43	5.12	9,01,604
Jun 2025	5.63	−4.9%	6.18	6.27	4.87	6,79,841
May 2025	5.92	−11.6%	6.31	7.20	5.46	4,83,842
Apr 2025	6.70	+9.1%	6.17	7.98	5.66	2,01,662
Mar 2025	6.14	−5.0%	6.99	6.99	5.16	2,49,346
Feb 2025	6.46	−5.4%	7.14	7.25	5.86	2,69,844
Jan 2025	6.83	−11.0%	7.70	8.34	6.71	4,59,728
Dec 2024	7.67	+13.8%	6.97	8.83	6.53	6,08,996
Nov 2024	6.74	−0.3%	6.99	7.39	6.40	2,77,768
Oct 2024	6.76	+6.5%	6.13	9.68	6.01	18,81,052
Sep 2024	6.35	+18.2%	5.50	6.94	5.20	4,75,494
Aug 2024	5.37	−15.6%	6.49	6.63	5.06	5,11,210
Jul 2024	6.36	−6.6%	6.99	6.99	6.02	3,15,453
Jun 2024	6.81	+8.6%	6.40	7.26	6.11	1,58,813
May 2024	6.27	−13.9%	6.92	7.14	5.67	5,37,604
Apr 2024	7.28	+34.1%	5.62	8.46	5.32	13,34,009
Mar 2024	5.43	−13.7%	6.55	6.84	5.27	12,45,169
Feb 2024	6.29	−9.6%	7.27	7.50	6.10	3,26,505
Jan 2024	6.96	+11.7%	6.79	8.49	6.12	4,15,415
Dec 2023	6.23	+0.2%	6.22	6.58	5.73	2,31,272
Nov 2023	6.22	+4.0%	6.34	6.70	5.76	1,72,651
Oct 2023	5.98	+1.4%	6.10	6.95	5.40	1,72,616
Sep 2023	5.90	+2.8%	5.80	6.40	5.41	1,47,598
Aug 2023	5.74	+4.4%	5.80	5.97	4.81	2,04,344
Jul 2023	5.50	−7.4%	6.33	6.50	5.03	1,53,160
Jun 2023	5.94	−3.4%	6.35	6.74	5.56	78,854
May 2023	6.15	−5.5%	6.65	7.06	5.90	84,452
Apr 2023	6.51	+14.0%	5.85	6.57	5.58	58,772
Mar 2023	5.71	−5.1%	6.02	6.59	5.21	56,359
Feb 2023	6.02	−11.9%	6.99	7.14	5.76	63,356
Jan 2023	6.83	−2.4%	6.95	8.40	6.50	1,96,756
Dec 2022	7.00	+0.9%	6.85	8.10	6.01	2,18,079
Nov 2022	6.94	+0.7%	6.56	7.54	6.00	75,092
Oct 2022	6.89	+4.4%	6.66	8.55	6.46	1,78,958
Sep 2022	6.60	−1.6%	6.60	7.89	6.15	1,53,074
Aug 2022	6.71	+5.3%	6.98	7.79	6.10	1,51,095
Jul 2022	6.37	−4.1%	6.68	7.38	5.80	77,397
Jun 2022	6.64	−6.9%	7.30	7.64	5.80	1,00,952
May 2022	7.13	−7.6%	7.70	7.99	6.44	95,384
Apr 2022	7.72	+9.8%	6.95	8.95	6.68	2,19,442
Mar 2022	7.03	−2.6%	7.40	8.75	6.84	1,91,781
Feb 2022	7.22	−23.0%	9.68	10.13	6.55	3,70,141
Jan 2022	9.38	+37.9%	7.14	12.15	7.14	19,23,792
Dec 2021	6.80	+67.1%	4.07	6.80	3.83	4,08,690
Nov 2021	4.07	+10.9%	3.67	4.58	3.52	3,14,741
Oct 2021	3.67	−11.4%	4.34	5.36	3.33	1,83,803
Sep 2021	4.14	+7.5%	3.85	4.52	3.51	63,465
Aug 2021	3.85	−8.1%	4.19	5.00	3.42	2,33,016
Jul 2021	4.19	+10.8%	3.60	4.50	3.47	97,611
Jun 2021	3.78	+0.3%	3.70	4.05	3.50	1,95,929
May 2021	3.77	+32.7%	2.84	4.38	2.54	1,36,158
Apr 2021	2.84	+15.4%	2.58	3.26	2.26	1,33,876
Mar 2021	2.46	−3.5%	2.43	3.04	2.34	1,77,515
Feb 2021	2.55	−5.2%	2.56	2.79	2.17	2,18,493
Jan 2021	2.69	+7.6%	2.62	2.73	2.26	2,65,814
Dec 2020	2.50	−3.8%	2.67	2.76	2.29	2,33,320
Nov 2020	2.60	+0.4%	2.70	2.94	2.35	1,57,139
Oct 2020	2.59	+7.9%	2.28	2.68	2.06	66,756
Sep 2020	2.40	−23.3%	3.11	3.12	2.19	79,899
Aug 2020	3.13	−14.7%	3.66	3.66	2.82	45,726
Jul 2020	3.67	−12.4%	4.18	4.38	3.33	18,388
Jun 2020	4.19	+22.5%	3.59	4.68	3.25	82,794
May 2020	3.42	+46.8%	2.22	3.44	2.22	22,526
Mar 2020	2.33	−7.5%	2.40	2.52	2.28	8,839
Feb 2020	2.52	−25.0%	3.20	3.53	2.50	17,013
Jan 2020	3.36	+0.6%	3.50	3.64	3.00	26,951
Dec 2019	3.34	−6.2%	3.73	3.73	2.92	55,202
Nov 2019	3.56	−3.0%	3.84	3.84	3.00	76,191
Oct 2019	3.67	+8.6%	3.25	3.87	3.02	20,534
Sep 2019	3.38	−5.8%	4.05	4.60	2.95	43,067
Aug 2019	3.59	+19.7%	3.00	4.41	2.90	50,204
Jul 2019	3.00	−18.9%	3.40	3.99	2.49	64,221
Jun 2019	3.70	−1.6%	3.24	4.00	2.90	45,059
May 2019	3.76	−14.7%	4.41	4.85	3.28	71,250
Apr 2019	4.41	−4.5%	4.15	5.20	3.75	56,736
Mar 2019	4.62	+15.5%	4.80	5.49	3.62	78,250
Feb 2019	4.00	+0.3%	3.94	5.50	3.20	86,545
Jan 2019	3.99	−18.9%	5.85	5.94	3.80	81,215
Dec 2018	4.92	−3.3%	4.60	5.85	4.26	40,362
Nov 2018	5.09	−7.5%	5.98	6.08	4.56	1,36,935
Oct 2018	5.50	−5.5%	6.24	7.17	4.72	1,13,864
Sep 2018	5.82	−7.6%	6.42	6.93	5.46	1,17,112
Aug 2018	6.30	+7.9%	5.26	6.93	5.14	2,28,247
Jul 2018	5.84	−1.5%	5.45	6.11	4.69	50,756
Jun 2018	5.93	−1.2%	5.15	6.45	5.15	20,508
May 2018	6.00	−1.6%	7.30	7.40	5.00	25,429
Apr 2018	6.10	+2.2%	5.60	8.40	5.40	23,986
Mar 2018	5.97	−12.1%	6.20	7.00	5.55	46,830
Feb 2018	6.79	−7.1%	7.02	8.30	5.56	60,705
Jan 2018	7.31	+3.0%	8.40	9.03	6.26	1,40,024
Dec 2017	7.10	+9.4%	6.50	8.64	5.95	97,260
Nov 2017	6.49	+6.2%	5.92	6.69	5.61	34,080
Oct 2017	6.11	+3.9%	5.76	6.83	5.63	93,819
Sep 2017	5.88	−0.3%	5.91	6.49	5.36	31,427
Aug 2017	5.90	−8.7%	5.86	7.00	5.61	25,686
Jul 2017	6.46	+11.4%	6.14	6.60	5.40	22,283
Jun 2017	5.80	−21.6%	7.42	7.42	5.20	63,403
May 2017	7.40	−6.1%	9.39	9.39	5.74	1,63,234
Apr 2017	7.88	+12.6%	7.65	8.84	5.65	1,01,882
Mar 2017	7.00	+22.2%	5.78	7.50	5.54	69,841
Feb 2017	5.73	−9.6%	6.39	6.98	5.39	81,896
Jan 2017	6.34	+6.9%	4.75	6.57	4.67	41,352
Dec 2016	5.93	+1.5%	5.62	7.06	4.95	45,478
Nov 2016	5.84	+11.7%	5.55	7.00	5.00	1,26,659
Oct 2016	5.23	+4.8%	4.02	7.28	4.02	1,76,517
Sep 2016	4.99	−8.1%	5.65	5.83	3.62	95,667
Aug 2016	5.43	−3.0%	5.95	6.35	4.28	1,12,779
Jul 2016	5.60	+0.9%	5.18	7.75	4.71	1,82,942
Jun 2016	5.55	+11.0%	4.75	5.55	4.48	14,726
May 2016	5.00	−8.9%	5.73	6.41	4.73	77,657
Apr 2016	5.49	−14.9%	6.13	6.24	4.75	37,841
Mar 2016	6.45	−3.0%	6.95	6.95	4.92	21,190
Feb 2016	6.65	+9.2%	6.38	7.16	4.80	18,082
Jan 2016	6.09	−8.7%	6.94	7.19	5.77	38,747
Dec 2015	6.67	+15.8%	6.01	7.19	5.73	25,819
Nov 2015	5.76	−8.3%	6.28	6.80	5.33	9,240
Oct 2015	6.28	−6.5%	6.87	7.30	5.51	34,462
Sep 2015	6.72	−6.8%	7.19	7.33	5.66	44,035
Aug 2015	7.21	+3.0%	7.00	7.68	6.14	99,233
Jul 2015	7.00	+2.8%	6.67	8.04	6.56	43,203
Jun 2015	6.81	−7.7%	7.25	7.97	6.26	19,684
May 2015	7.38	+2.1%	7.88	8.40	6.66	43,616
Apr 2015	7.23	+6.0%	6.66	8.00	6.66	34,462
Mar 2015	6.82	−13.7%	7.21	8.35	6.13	34,401
Feb 2015	7.90	−1.0%	8.00	8.20	6.31	23,321
Jan 2015	7.98	−0.3%	8.04	9.54	7.13	69,737
Dec 2014	8.00	+0.9%	8.00	9.04	7.00	65,241
Nov 2014	7.93	−1.4%	7.83	9.00	7.79	1,18,755
Oct 2014	8.04	−10.7%	9.00	10.70	7.79	2,01,678
Sep 2014	9.00	−2.6%	9.45	10.15	8.31	2,45,493
Aug 2014	9.24	−6.4%	9.75	10.09	8.64	72,474
Jul 2014	9.87	−6.0%	10.00	10.75	9.36	26,939
Jun 2014	10.50	−0.5%	11.00	12.64	9.73	86,227
May 2014	10.55	+27.9%	8.02	10.55	7.12	57,327
Apr 2014	8.25	+3.6%	7.61	8.91	7.57	24,204
Mar 2014	7.96	−5.1%	8.01	9.62	7.21	25,296
Feb 2014	8.39	+4.9%	7.99	9.23	7.60	36,771
Jan 2014	8.00	−10.0%	8.63	9.11	7.99	16,432
Dec 2013	8.89	−2.4%	9.11	9.44	8.20	2,53,868
Nov 2013	9.11	0.0%	8.81	9.56	8.66	2,976
Oct 2013	9.11	+2.4%	8.46	9.97	8.08	6,213
Sep 2013	8.90	−5.8%	8.98	9.24	7.35	8,761
Aug 2013	9.45	+2.7%	9.00	9.45	7.23	2,87,782
Jul 2013	9.20	+12.9%	8.55	9.55	7.50	44,797
Jun 2013	8.15	−14.2%	9.03	9.03	8.15	6,103
May 2013	9.50	−6.9%	10.80	10.80	9.50	1,328
Apr 2013	10.20	+5.3%	10.49	10.94	8.21	6,117
Mar 2013	9.69	−19.8%	12.15	12.80	9.35	23,644
Feb 2013	12.08	−7.4%	13.25	13.88	11.56	46,763
Jan 2013	13.05	−7.8%	14.00	15.49	12.82	31,697
Dec 2012	14.15	−7.2%	15.10	15.50	13.80	37,379
Nov 2012	15.25	−1.0%	15.75	16.35	14.00	20,901
Oct 2012	15.40	−13.2%	18.30	18.85	15.00	48,948
Sep 2012	17.75	−2.2%	18.80	19.70	17.00	18,809
Aug 2012	18.15	−6.4%	19.25	20.95	17.50	73,598
Jul 2012	19.40	+2.1%	20.25	22.00	19.20	1,22,283
Jun 2012	19.00	−11.0%	21.15	21.40	17.00	34,523
May 2012	21.35	+0.9%	21.20	23.50	19.65	1,33,426
Apr 2012	21.15	−8.8%	23.70	23.70	18.25	66,585
Mar 2012	23.20	+14.0%	20.05	25.90	17.10	2,20,400
Feb 2012	20.35	+5.4%	19.00	23.00	17.55	5,16,016
Jan 2012	19.30	+23.7%	15.70	21.45	15.55	1,81,057
Dec 2011	15.60	+8.0%	14.50	17.35	14.11	1,52,315
Nov 2011	14.45	−14.2%	16.80	18.10	13.50	62,510
Oct 2011	16.85	−6.1%	17.00	18.90	15.05	81,521
Sep 2011	17.95	−0.8%	18.00	22.50	16.15	4,85,660
Aug 2011	18.10	−13.6%	20.00	22.00	14.40	2,03,885
Jul 2011	20.95	+24.0%	17.30	24.60	16.05	2,51,809
Jun 2011	16.90	+9.4%	15.80	19.00	14.05	87,993
May 2011	15.45	−15.3%	17.60	18.90	14.25	87,687
Apr 2011	18.25	+5.2%	17.35	21.95	17.05	1,21,411
Mar 2011	17.35	−15.6%	21.00	24.65	16.50	1,46,434
Feb 2011	20.55	−5.3%	21.60	26.50	20.30	1,64,405
Jan 2011	21.70	−12.9%	25.95	30.40	20.55	1,69,945
Dec 2010	24.90	+9.7%	23.40	27.00	19.20	3,20,108
Nov 2010	22.70	−21.0%	29.25	34.30	21.50	2,75,301
Oct 2010	28.75	+26.7%	23.10	34.00	22.15	4,90,380
Sep 2010	22.70	−0.9%	22.75	27.90	19.30	2,43,956
Aug 2010	22.90	−6.3%	23.30	26.00	22.05	1,34,990
Jul 2010	24.45	−5.6%	25.30	27.40	22.80	1,85,598
Jun 2010	25.90	+12.9%	22.20	28.20	21.25	3,02,478
May 2010	22.95	−29.8%	33.75	33.75	22.00	3,08,489
Apr 2010	32.70	+2.7%	32.95	44.60	29.85	11,22,001
Mar 2010	31.85	−46.6%	59.50	61.45	28.85	14,65,751
Feb 2010	59.70	+48.9%	40.10	67.40	38.10	11,09,174
Jan 2010	40.10	+34.6%	30.00	43.65	28.85	6,76,546
Dec 2009	29.80	+11.4%	24.15	33.50	22.95	6,63,536
Nov 2009	26.75	+98.6%	16.10	38.73	14.00	19,73,434
Oct 2009	13.47	−10.2%	15.50	15.50	12.00	2,62,367
Sep 2009	15.00	+21.0%	11.45	17.20	10.90	3,03,931
Aug 2009	12.40	+20.4%	10.31	12.40	9.30	55,816
Jul 2009	10.30	+8.6%	9.06	11.11	9.00	35,738
Jun 2009	9.48	−10.6%	11.00	11.15	8.31	58,119
May 2009	10.60	+30.5%	8.00	11.09	8.00	35,765
Apr 2009	8.12	+16.8%	7.28	9.66	7.28	43,128
Mar 2009	6.95	−7.2%	7.65	7.85	6.00	27,850
Feb 2009	7.49	+4.0%	7.84	7.96	6.00	8,920
Jan 2009	7.20	−3.2%	7.80	9.00	6.51	21,242
Dec 2008	7.44	+3.2%	7.75	8.97	6.61	7,588
Nov 2008	7.21	−9.9%	8.48	9.34	6.50	39,625
Oct 2008	8.00	−27.1%	10.00	12.00	7.90	1,27,567
Sep 2008	10.98	−13.6%	13.25	14.00	10.00	37,180
Aug 2008	12.71	−1.8%	12.30	13.50	11.17	53,856
Jul 2008	12.94	+27.5%	9.65	13.11	8.28	39,000
Jun 2008	10.15	−25.5%	13.70	14.20	10.06	22,900
May 2008	13.62	−7.7%	14.52	15.55	13.50	70,800
Apr 2008	14.76	+48.2%	10.45	15.70	10.45	73,300
Mar 2008	9.96	−20.1%	11.85	13.08	9.46	1,47,300
Feb 2008	12.46	−5.2%	13.05	13.54	10.82	59,900
Jan 2008	13.15	−22.7%	17.85	19.60	13.00	2,49,900
Dec 2007	17.02	+26.1%	14.16	17.43	13.50	2,71,500
Nov 2007	13.50	+7.5%	13.18	15.95	12.20	1,32,700
Oct 2007	12.56	−10.7%	13.50	14.47	12.12	49,900
Sep 2007	14.07	−4.7%	15.49	16.20	13.48	76,300
Aug 2007	14.76	+10.1%	13.74	15.75	12.41	1,43,600
Jul 2007	13.40	+3.1%	13.65	14.17	12.75	1,68,000
Jun 2007	13.00	−7.8%	13.40	14.35	12.12	75,400
May 2007	14.10	+7.1%	13.20	14.68	12.85	99,700
Apr 2007	13.16	−1.8%	13.10	14.39	12.40	78,900
Mar 2007	13.40	−19.3%	15.80	16.55	12.25	61,400
Feb 2007	16.60	−2.4%	17.85	17.85	15.00	1,07,700
Jan 2007	17.00	–	18.35	19.50	16.00	58,500

₹ per share, adjusted for splits and bonuses since. Change is on the close of the month before; high and low are the month's traded range. After months with no trade, the change is on the last month with one.

Date	Open	High	Low	Close	Average price	Volume
29 Oct 2026	5.75	5.77	5.51	5.77	5.64	1,909
28 Oct 2026	5.95	5.99	5.47	5.50	5.54	6,435
27 Oct 2026	6.20	6.20	5.75	5.75	6.18	2,111
26 Oct 2026	6.01	6.01	6.01	6.01	6.01	819
23 Oct 2026	6.31	6.40	6.30	6.30	6.31	15,766
22 Oct 2026	6.60	6.60	6.40	6.60	6.58	11,030
21 Oct 2026	6.30	6.40	6.27	6.40	–	87
19 Oct 2026	6.17	6.40	6.17	6.40	6.29	164
16 Oct 2026	6.69	6.69	6.10	6.13	6.10	5,607
15 Oct 2026	6.42	6.66	6.42	6.42	6.52	560
13 Oct 2026	6.45	6.75	6.42	6.75	6.50	1,413
12 Oct 2026	6.91	6.91	6.75	6.75	6.75	2,578
9 Oct 2026	7.14	7.53	6.84	6.85	7.42	52,546
8 Oct 2026	7.21	7.21	7.18	7.18	7.20	3,364
7 Oct 2026	6.85	7.57	6.85	7.55	7.07	17,381
6 Oct 2026	7.59	7.59	6.93	7.21	7.25	23,567
5 Oct 2026	7.25	7.26	6.63	7.26	7.16	17,121
1 Oct 2026	7.08	7.08	6.53	6.92	7.04	18,248
30 Sep 2026	6.63	6.75	6.43	6.75	6.74	14,273
29 Sep 2026	6.17	6.61	5.99	6.43	6.10	27,393
28 Sep 2026	6.35	6.48	6.11	6.30	6.46	12,957
25 Sep 2026	6.40	6.58	6.03	6.18	6.15	9,345

Prices in ₹ per share as traded, not adjusted.

Splits, bonus issues and other changes

What the prices above are adjusted for, so they read as one share held throughout.Velan Hotels bonus and split history

Ex-date	Event	Price factor	What happened
8 Aug 2011	Rights issue	–	Shareholders were offered new shares. Noted, not adjusted for.

Each event is noted and not adjusted for.