Savera Hotels Board to recommend dividend
Savera Hotels Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 22, 2006, to consider the following:1. Adoption of Audited Accounts for the financial year ended March 31, 2006.2. Recommendation of Dividend for the financial year 2005-06, if any, and3. To take on record the Unaudited financial results for the quarter ended June 30, 2006. Savera Hotels - Outcome of Board Meeting
Savera Hotels Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 27, 2006, has approved the following diversification and expansion proposals:1. Diversification:It is accorded to acquire 85% of equity shares of M/s Elkhill Agrotech (P) Ltd., who is the leader in floricultural business in Niligris Dist., Tamil Nadu since 1985. The Company will acquire the control over the management and major... Savera Hotels - Board Meeting on Apr 27, 2006
Savera Hotels Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 27, 2006, to consider the unaudited financial results for the quarter ended March 31, 2006 and to consider the acquiring of an existing hotel property at Madurai and diversification to floriculture business at Ooty. Savera Hotels - Result of Postal Ballot
Savera Hotels Ltd has informed BSE that the members of the Company, by way of Postal Ballot, have approved the Special Resolution for amendments in the Objects Clause of the Memorandum of Association of the Company, with requisite majority. Savera Hotels members to approve alteration of object clause of MoA, by Postal Ballot
Savera Hotels Ltd has informed BSE that the members of the Company, will consider to approve the following special resolutions, by way of postal ballot to alter of objects Clause of the Memorandum of Association (MoA) of the Company and commencement of new businesses under Section 17 and 149 (2-A) of the Companies act 1956.The Company has appointed Mr. R Balasubramaniam - Practicing Company Secretary, as the Scrutinizer for conducting the postal ballot Voting process.... Savera Hotels fixes Book Closure
Savera Hotels Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 06, 2005 to September 21, 2005 (both days inclusive) for the purpose of Dividend & 36th Annual General Meeting of the Company to be held on September 21, 2005. Savera Hotels Board recommends dividend
Savera Hotels Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 16, 2005, inter alia, has recommended a dividend @ 10% (Rs 1 per share) for the year 2004-05. Savera Hotels Board to consider dividend
Savera Hotels Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 16, 2005, to consider the following:1. Audited Accounts for the year ended March 31, 2005.2. Dividend for the financial year 2004-05.3. Unaudited financial results for the quarter ended June 30, 2005. Savera Hotels appoints MD
Savera Hotels Ltd has informed BSE that Sri A.Ravikumar Reddy, who is a Director of the Company, has been appointed as Managing Director w.e.f. February 1, 2004 for a tenure of 5 years subject to approval of the members in the next General Meeting.