BEST EASTERN HOTELS LTD. - 508664 - Audited Financials For The Quarter And Year Ended 31 March, 2019.
Audited Financials for the Quarter and year ended 31 March, 2019.30-05-2019
30-05-2019
BEST EASTERN HOTELS LTD. - 508664 - Outcome of Board Meeting
1. Approved Standalone Audited financial results of the Company for quarter and year ended March 31, 2019 which has been approved and taken on record at the meeting. 2. Declaration of Dividend of Rs.1.20 on each preference shares. Accordingly we are enclosing: 1. Approved Standalone Audited Financial Results for the quarter and year ended March 31, 2019. 2. Auditor's Report on Standalone financial results of the Company for the quarter and year ended March 31, 2019, issued by Statutory Auditor M/s Sancheti & Company, Chartered Accountants (FRN:000016C).30-05-2019
BEST EASTERN HOTELS LTD. - 508664 - 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 CompayBEST EASTERN HOTELS LTD. 2CINL99999MH1943PLC040199 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 14324622.00 4Highest Credit Rating during the previous FY NA 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE 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. No Name of the Company Secretary: Pooja Shah Designation: CompanySecretary EmailId: dvk@ushaascot.com Name of the Chief Financial Officer: Dilip V kothari Designation: CheifFinancialofficer EmailId: dvk@ushaascot.com Date: 25/05/2019 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.25-05-2019
Best Eastern Hotels Ltd - 508664 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Pursuant to the Postal Ballot Notice given on 22.05.2019 and in compliance with the provisions of Regulation 47 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit copy of newspaper advertisement published on 22.05.2019 in newspapers viz. Financial Express (in English) and Mumbai Lakshadeep (in Marathi) inter alia informing about the dispatch of Postal Ballot Notice, Cut Off Date and matters related thereto.24-05-2019
Best Eastern Hotels Ltd - 508664 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
NOTICE is hereby given pursuant to Section 110 of the Companies Act, 2013 ('Act') and other applicable provisions, if any, of the Act read with Rule 22 of the Companies (Management and Administration) Rules, 2014 ('Rules'), as amended from time to time that the resolutions appended below are proposed to be passed by the Members of Best Eastern Hotels Limited (the 'Company') by way of Postal Ballot including voting by electronic means ('e-voting'): 1. Approval of Reclassification of Authorised Share Capital. 2. Approval for alteration in Memorandum of Association of the Company. 3. Approval for alteration in Articles of Association of the Company. 4. Approval of Issue of 10% Cumulative Non-Convertible Redeemable Preference Shares on Right Basis. An Explanatory Statement pursuant to Section 102 of the Act and other applicable provisions of the Act, pertaining to the resolution setting out the material facts and the reasons thereof, is appended along with a postal ballot form ('Postal Ballot Form'). Pursuant to Rule 22(5) of the Rules, the Board of Directors of your Company, at its meeting held on May 20, 2019, has appointed Mr. Martinho Paul Ferrao of M/s. Martinho Ferrao and Associates, Practising Company Secretaries (Membership No. FCS 6221) as the Scrutinizer to conduct the Postal Ballot and e-voting process in a fair and transparent manner.22-05-2019
Best Eastern Hotels Ltd - 508664 - Board Meeting Intimation for Consideration Of Audited Financial Results For The Year Ended On March 31", 2019 Along With Fourth Quarter Result
BEST EASTERN HOTELS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2019 ,inter alia, to consider and approve We wish to inform you that, pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing'' Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), a meeting of the Board of Directors of the company has been convened to be held on Thursday, 30th May, 2019, at 5.00 p.m inter-alia, consider, approve and take on record the below mentioned points: 1. Audited Financial Results along with Fourth Quarter Result and Auditor's Certificate for the quarter & year ended 31/03/2019. 2. Any other matter permitted by chair in their meeting. You are requested to kindly take a note of the same.22-05-2019
BEST EASTERN HOTELS LTD. - 508664 - Outcome of Board Meeting
Pursuant to the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulation'). We wish to inform you that the Board of Directors at its meeting held on May 20, 2019 have inter-alia: 1. The Board decided to defer the increase in Authorised Share Capital and approved reclassificationof Share Capital of the Company from Rs. 6,00,00,000/- (Rupees six crores only) divided into 4,80,00,000 (Four crores and eighty lakhs only) equity shares of Rs. 1/- (Rupee one only) each and 12,00,000 (Twelve Lakhs) Redeemable Preference Shares of Rs. 10/- (Rupees ten only) each to Rs. 6,00,00,000/- (Rupees six crores only) divided into 3,60,00,000 (Threecrores and Sixty lakhs only) equity shares of Rs. 1/- (Rupee one only) each and 24,00,000 (Twenty four lakhs) Redeemable Preference Shares of Rs. 10/- (Rupees ten only) each. 2. Approved alteration of Clause 5 of Memorandum of Association to reflect the reclassification of the authorized share capital. 3. Approved alteration of Clause 3 of Articles of Association to reflect the reclassification of the authorized share capital. 4. Approved to issue of 12,00,000 10% Cumulative Non-Convertible Redeemable Preference Shares of Rs. 10/- each (hereinafter referred as 'preference shares'), at par, to the existing preference shareholders in the ratio of 1:1 (One preference share for every one preference share held) on right basis. 5. Mr. Martinho Paul Ferrao of M/s. MartinhoFerrao and Associates, Practising Company Secretaries (Membership No. FCS 6221) as the Scrutinizer to conduct the Postal Ballot and e-voting process in a fair and transparent manner....20-05-2019
BEST EASTERN HOTELS LTD. - 508664 - Closure of Trading Window
This is to inform that in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 read with Company''s Code of Conduct for Prevention of Insider Trading, the trading window for dealing in securities of the Company shall deemed to be closed from 17th May, 2019 for the Designated Persons, as there has been no trading, till forty-eight (48) hours after the declaration of financial results of the Company for the quarter and year ended March 31, 2019.17-05-2019
BEST EASTERN HOTELS LTD. - 508664 - Board Meeting Intimation for Intimation Of Board Meeting To Be Held On 20Th May,2019.
BEST EASTERN HOTELS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/05/2019 ,inter alia, to consider and approve We would like to inform you that the meeting of the Board of Directors of the Company is scheduled on Monday, 20th May, 2019 to consider and approve the following:- 1. To consider and approve increase in Authorised Share Capital. 2. To consider and approve terms and conditions for issue of Redeemable Preference Shares. 3. To consider and approve alteration in Memorandum of Articles. 4. To consider and approve alteration in Articles of Association of the Company. 5. To consider and approve draft notice of Postal Ballot to be sent to the Shareholders. 6. To consider and appoint Scrutinizer for the Postal Ballot. 7. To consider any other business with the permission of the Chair. You are requested to kindly take a note of the same.17-05-2019
BEST EASTERN HOTELS LTD. - 508664 - Change In Compliance Officer.
Change in Compliance officer.25-04-2019