INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Further to our letter of date intimating the Financial Results of the Company for the year ended March 31, 2022, enclosed is a copy of the Press Release on the same for your records. INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Investor Presentation
Further to our letter of date, intimating the Financial Results of the Company for the year ended March 31, 2022, enclosed is a copy of the investors I analyst presentation on the performance of the Company for the said period being made to the analysts at the Global Conference Call today. INDIAN HOTELS CO.LTD. - 500850 - Board recommends Dividend
Indian Hotels Company Ltd has informed BSE that the Board of Directors of the Company at their meeting held on April 27, 2022, inter alia, has transacted the following business: - Recommended a dividend of Rs. 0.40/- per Equity Share of Rs. 1/- each fully paid up of the Company @ 40% (previous year Rs. 0.40/- per Equity Share of Rs. 1/- each fully paid up @ 40%), subject to the approval of the Members at the Annual General Meeting.Accordingly:i. the dividend payable on one Equity Share of Rs. 1/- each fully paid up will amount to Rs. 0.40/- (Forty paise Only)ii. the dividend payable on 100 Equity Shares of Rs. 1/- each fully paid up will amount to Rs. 40/- (Rs. Forty Only). INDIAN HOTELS CO.LTD. - 500850 - Financial Results For The Year Ended March 31, 2022, Recommendation Of Dividend
Approved the Audited Financial Results (Standalone and Consolidated} for the financial year ended March 31, 2022 along with the Auditor''s Report thereon. In this regard please find enclosed: Audited Standalone and Consolidated Financial Results of the Company for the financialyear ended March 31, 2022. Auditor''s Report in respect of the aforesaid Financial Results Recommended a dividend of~ 0.40/- per Equity Share of~ 1/- each fully paid up of the Company @ 40% (previous year~ 0.40/- per Equity Share of~ 1/- each fully paid up @ 40%}, subject to the approval of the Members at the Annual General Meeting. Accordingly: i. the dividend payable on one Equity Share of ~ 1/- each fully paid up will amount to Rs 0.40/- (Forty paise Only} ii. the dividend payable on 100 Equity Shares of ~ 1/- each fully paid up will amount to Rs 40/- Rs. Forty Only. INDIAN HOTELS CO.LTD. - 500850 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
This has reference to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Regulations"). In accordance with the said Regulations, kindly note that IHCL Earnings Conference Call will be held, presenting the results for Q4 of the Financial Year 2021-22 on Wednesday, April 27, 2022 at 7.00 P.M. 1ST at Mumbai. The presentation for the same will be uploaded on the website in due course. The participant dial - in details are mentioned in Annexure I. INDIAN HOTELS CO.LTD. - 500850 - Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1 Name of Company INDIAN HOTELS CO.LTD. 2 CIN NO. L74999MH1902PLC000183 3 Report filed for FY 2021-2022 Details of the Current block (all figures in Rs crore): 4 2 - year block period (Specify financial years)* 2021-22 , 2022-23 5 Incremental borrowing done in FY (T)(a) 544.00 6 Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a) 136.00 7 Actual borrowing done through debt securities in FY (T)(c) 250.00 8 Shortfall in the borrowing through debt securities, if any, for FY (T - 1) carried forward to FY (T) (d) NIL 8Quantum of (d), which has been met from (c)(e)* NIL 9 Shortfall, if any, in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative, write 'nil'}* NIL Details of penalty to be paid, if any, in respect to previous block (all figures in Rs crore): 2 - year Block period (Specify financial years)2019-20 , 2021-22 Amount of fine to be paid for the block, if applicable Fine = 0.2% of {(d) - (e)}#0.00 Name of the Company Secretary :-Beejal DesaiDesignation :-Senior Vice President Corporate Affairs and Company Secretary Group Name of the Chief Financial Officer :- Giridhar Sanjeevi Designation : -Executive Vice President and Chief Financial...
Indian Hotels to EIH: Should you check into hospitality stocks now?
Nirmal Bang maintains a Buy rating on Indian Hotels (IHCL), Chalet Hotels and EIH with target prices of Rs 335, Rs 378 and Rs 192, respectively. INDIAN HOTELS CO.LTD. - 500850 - Format of the Annual Disclosure to be made by an entity identified as a Large Corporate
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1 Name of Compay INDIAN HOTELS CO.LTD. 2 CIN L74999MH1902PLC000183 3 Report filed for FY 2021-22 Details of the borrowings (all figures in Rs crore) 4 Incremental borrowing done in FY(a) 544 5 Mandatory borrowing to be done through issuance of debt securities(b) = (25% of a) 136 6 Actual borrowings done through debt securities in FY(c) 250 7 Shortfall in the mandatory borrowing through debt securities, if any (d) = (b) - (c) { If the calculated value is zero or negative, write 'nil'} NIL 8 Reasons for shortfall, if any, in mandatory borrowings through debt securities NA Name of the Company Secretary :-Beejal DesaiDesignation :-Senior Vice President Corporate Affairs and Company Secretary Group Name of the Chief Financial Officer :- Giridhar Sanjeevi Designation : -Executive Vice President and Chief Financial Officer Date: 25/04/2022 INDIAN HOTELS CO.LTD. - 500850 - Format of Initial Disclosure to be made by an entity identified as a Large Corporate
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompayINDIAN HOTELS CO.LTD. 2CINL74999MH1902PLC000183 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 942.53 4Highest Credit Rating during the previous FY AA 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CARE RATINGS LIMITED 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkNSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. YES Name of the Company Secretary: Beejal Desai Designation: Senior Vice President - Corporate Affairs and Company Secretary Group EmailId: beejaldesai@ihcltata.com Name of the Chief Financial Officer: Giridhar Sanjeevi Designation: Executive Vice President and Chief Financial Officer EmailId: giridhar.sanjeevi@ihcltata.com Date: 25/04/2022 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. INDIAN HOTELS CO.LTD. - 500850 - Board to consider FY22 Results & Dividend on April 27, 2022
Indian Hotels Company Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be convened on April 27, 2022 for considering the following matters :1. The Audited Standalone and Consolidated Financial Results for the year ended March 31, 2022.2. Recommendation of dividend for the financial year-2021/22, if anyPursuant to the applicable provisions of the Tata Code of Conduct for Prevention of Insider Trading, the Company has intimated its Designated Persons regarding the closure of the Trading Window from March 25, 2022 for the purpose of adoption of the Audited Annual Financial Statements of the Company for the financial year ended March 31, 2022. The Trading Window shall re-open for trading 48 (forty eight) hours from the date the said Results are made public.