EIH Ltd


BSE: 500840 | NSE: EIHOTEL | ISIN: INE230A01023 
Market Cap: [Rs.Cr.] 4,398 | Face Value: [Rs.] 2
Industry: Hotels

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Board Meet

29-May-12 
EIH Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 29, 2012, to approve the Audited Annual Accounts for the year ended March 31, 2012. The Board will then take on record the above financial results. The Board may recommend a dividend on Equity Shares for declaration at the forthcoming Annual General Meeting. 
02-Feb-12 
EIH Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on February 02, 2012 inter alia, to approve the Unaudited Financial Results of the Company for the quarter ended on December 31, 2011 (Q3). The Limited Review of the Auditors will also be considered at the Meeting. 
31-Oct-11 
EIH Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 31, 2011, inter alia, to approve the Unaudited Financial Results of the Company for the three months/Half Year ended on September 30, 2011. The Limited Review of the Auditors will also be considered at the Meeting. EIH Ltd has informed BSE that at the Board Meeting held on October 31, 2011, the following persons were appointed as an Additional Directors of the Company. 1. Mrs. Nita M. Ambani; 2. Mr. Manoj Harjivandas Modi. 3. Mrs. Renu Sud Karmad; 4. Mr. Robert Henry Burns. (As Per BSE Announcement Website dated on 31.10.2011) 
08-Aug-11 
Quarterly Results Eih Limited has informed the Exchange vide notes to Accounts in the Unaudited Financial Results for the quarter ended June 30, 2011 (taken on record by the Board of Directors of the Company at its meeting held on August 08, 2011) regarding the Utilisation of funds. (As per NSEBulletin Dated on 10/08/2011) EIH Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 08, 2011, has appointed Mr. S. N. Sridhar as the Company Secretary effective August 17, 2011 consequent to the resignation of Mr. Gautam Ganguli. Mr. Sridhar has already joined the Company on August 17, 2011 as a Company Secretary. Mr. Sridhar has also been appointed as the Compliance Officer as per the Securities and Exchange Board of India Act, 1992 and Rules and Regulation made thereunder with effect from the said date. (As Per BSE Announcement Dated on 19.08.2011) 
30-May-11 
EIH Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 30, 2011, inter alia, to approve the Annual Accounts for the year ended March 31, 2011, take on record the above financial results and also to recommend a dividend on Equity Shared for declaration at the forthcoming Annual General Meeting. EIH Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2011, inter alia, proposed a Dividend of Rs. 0.90 per share for declaration at the Annual General Meeting. (As Per BSE Announcement Website dated on 31.05.2011) 

AGM

09-Aug-11
AGM 09/08/2011 Eih Limited has informed the Exchange regarding a press release dated August 09, 2011 titled '61st Annual General Meeting in Kolkata on Tuesday, 9th August, 2011'. (A per NSE Bulletin Dated on 09/08/2011) EIH Ltd has informed BSE that the members at the 61st Annual General Meeting (AGM) of the Company held on August 09, 2011, inter alia, have transact to the following: 1. Adoption of the Audited Accounts of the Company for the year ended on March 31, 2011, together with the Directors' and Auditor's Reports thereon. 2. Declaration of dividend @ Rs. 0.90 per equity share on the Company' Share Capital of Rs. 1,143.14 million absorbing thereby Rs. 514.41 million, excluding dividend distribution tax of Rs. 1.39 million as at March 31, 2011. 3. Re-appointment of Mr. Rajan Raheja, as a Director of the Company, liable to retire by rotation. 4. Re-appointment of Mr. L. Ganesh, as a Director of the Company, liable to retire by rotation. 5. Re-appointment of Ray & Ray, Chartered Accountants, Kolkata, as a Auditors of the Company to hold office from the conclusion of the Sixty-first Annual General Meeting (AGM) till the conclusion of the Sixty-second Annual General Meeting (AGM) on remuneration, terms & conditions. (As Per BSE Annoucement Website dated on 22.09.2011) 
24-Aug-10
EIH Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 09, 2010 to August 24, 2010 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company to be held on August 24, 2010. EIH Ltd has informed BSE regarding a Press Release dated August 24, 2010 titled '60th Annual General Meeting on August 24, 2010' (As Per BSE Announcement Dated on 24.08.2010) EIH Ltd has informed BSE that the members at the 60th Annual General Meeting (AGM) of the Company held on August 24, 2010, have accorded the following: 1. Adoption of the Audited Accounts of the Company for the Year ended March 31, 2010, together with the Director's & Auditor's Reports thereon. 2. Declaration of Divided @ Rs 1.20 per share on the Company's Share Capital of Rs 78.59 crores as on March 31, 2010, absorbing thereby Rs 47.15 crores, excluding Dividend Distribution Tax of Rs 7.61 crores. 3. Re-appointment of Mr. S K Dasgupta & Mr. Arjun Oberoi as Directors of the Company. 4. Re-appointment of M/s. Ray & Ray, Chartered Accountants, Kolkata, as Auditors of the Company to hold office from the conclusion of the Sixtieth Annual General Meeting till the conclusion of the Sixty First Annual General Meeting of the Company, on remuneration, terms & conditions. (As Per BSE Announcement Website dated on 21.09.2010) 
20-Aug-09
EIH Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 03, 2009 to August 20, 2009 (both days inclusive) for the purpose of payment of dividend and 59th Annual General Meeting (AGM) of the Company to be held on August 20, 2009. EIH Ltd has informed BSE that the members at the 59th Annual General Meeting (AGM) of the Company held on August 20, 2009, have accorded the following: 1. Adoption of the Audited Accounts of the Company for the Year ended March 31, 2009, together with the Director's & Auditor's Reports thereon. 2. Declaration of Divided @ Rs 1.20 per share on the Company's Share Capital of Rs 78.59 crores as on March 31, 2009, absorbing thereby Rs 47.15 crores, excluding Dividend Distribution Tax of Rs 7.89 crores. 3. Re-appointment of Mr. Anil Nehru & Mr. Vikram Oberoi as Directors of the Company. 4. Re-appointment of M/s. Ray & Ray, Chartered Accountants, Kolkata, as Auditors of the Company to hold office from the conclusion of the Fifty-ninth Annual General Meeting till the conclusion of the Sixtieth Annual General Meeting of the Company, on remuneration, terms & conditions. 5. Re-appointment of Mr. Vikram Oberoi & Mr. Arjun Oberoi as a Joint Managing Director of the Company, for a period of five years from July 01, 2009, on remuneration, terms & conditions. (As Per BSE Announcement Website dated on 30.09.2009) 
14-Aug-08
EIH Ltd has informed BSE that the 58th Annual General Meeting (AGM) of the Company will be held on August 14, 2008. EIH Ltd has informed BSE regarding the Chairman's Speech at the 58th Annual General Meeting held on August 14, 2008. (As per BSE Announcement Website dated on 14/08/2008) EIH Ltd has informed BSE that the members at the 58th Annual General Meeting (AGM) of the Company held on August 14, 2008, inter alia, have accorded the following: 1. Adoption of the Audited Accounts of the Company for the year ended March 31, 2008, together with the Directors and Auditor's Reports thereon. 2. Declaration of dividend @ Rs 1.80 (90%) per share as on March 31, 2008. 3. Appointment of Mr. L Ganesh as a Director of the Company. 4. Re-appointment of Mr. Rajan Raheja as a Director of the Company. 5. Re-appointment of M/s. Ray & Ray, Chartered Accountants, Kolkata, as Auditors of the Company to hold office from the conclusion of the Fifty-eighth Annual General Meeting till the conclusion of the Fifty-ninth Annual General Meeting of the Company, on remuneration, terms & conditions. (As per BSE Announcement dated on 15/09/2008) 
27-Aug-07
EIH Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 08, 2007 to August 27, 2007 (both days inclusive) for the purpose of payment of dividend & 57th Annual General Meeting (AGM) of the Company to be held on August 27, 2007. EIH Ltd has informed BSE that the members at the 57th Annual General Meeting (AGM) of the Company held on August 27, 2007, inter alia, have accorded to the following: 1. Adoption of the Audited Accounts of the Company for the year ended March 31, 2007, together with the Directors and Auditor's Reports thereon. 2. Declaration of dividend @ Rs 1.40 (70%) per share as on March 31, 2007. 3. Re-appointment of Mr. S K Dasgupta & Mr. Arjun Oberoi, as Directors of the Company. 4. Re-appointment of M/s. Ray & Ray, Chartered Accountants, Kolkata, as Auditors of the Company to hold office from the conclusion of the Fifty-seventh Annual General Meeting till the conclusion of the Fifty-eighth Annual General Meeting of the Company, on remuneration, terms & conditions. 5. Re-appointment of Mr. P R S Oberoi as the Company's Chairman and Chief Executive for a period of five years from June 27, 2007, on remuneration, terms & conditions. 6. Re-appointment of Mr. S S Mukherji as the Company's Vice Chairman for a period of five years from June 27, 2007, on remuneration, terms & conditions. 7. Re-designation of Mr. Vikram Oberoi as Joint Managing Director, effective June 27, 2007, on remuneration, terms & conditions. 8. Re designation of Mr. Arjun Oberoi as Joint Managing Director, effective June 27, 2007, on remuneration, terms & conditions. 9. Authority to the Board of Directors of the Company to borrow monies for the purposes of the business of the Company, notwithstanding that the monies so borrowed, together with monies already borrowed by the Company, if any (apart from temporary loans obtained from the Company's bankers in the ordinary course of business) exceed the aggregate for the time being of the Paid-up Capital of the Company and its Free Reserves i.e. Reserves not set apart for any specified purpose, but so that the total amount of the monies to be so borrowed together with monies already borrowed (apart front temporary loans obtained / to be obtained from the Company's bankers in the usual course of business), shall not exceed Rs 600 crores over and above the Company's Paid-up Capital and its Free Reserves for the time being at any one time and from time to time, subject to necessary provisions and approvals. 10. Alteration in the Articles of Association of the Company. (As Per BSE Announcement Website Dated on 21/09/2007) 

EGM

08-Jun-06
The company has informed that pursuant to the Order of the Hon'ble High Court at Calcutta, a meeting of the Equity Shareholders of the Company will be held on June 08, 2006, for the purpose of considering and if though fit, approving, with or without modification, the Scheme of Arrangement proposed to be made between the Company and EIH Associated Hotels Ltd and their respective Shareholders. EIH Ltd has informed BSE that the Equity Shareholders of the Company at their Court Convened Meeting held on June 08, 2006, have passed the following Schemes with requisite majority: 1. Scheme of Amalgamation of Rajgarh Palace Hotel & Resorts Ltd with the Company; and 2. Scheme of Arrangement between the Company and EIH Associated Hotels Ltd. (As Per BSE Bulletin Dated On 12/06/2006) 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
EIH 4,398.08 28.08 1.87 14.77 3.7 8.6 0.59
Indian Hotels 4,306.37 24.13 1.39 17.70 4.8 7.0 0.85
Mahindra Holiday 2,209.53 21.12 3.88 22.52 21.8 11.2 1.88
Hotel Leela Ven. 1,190.55 0.00 1.34 28.78 4.4 2.7 3.89
I T D C 896.73 44.68 2.76 0.00 -2.8 -3.8 0.00
Ster. Holid. Res 477.55 0.00 9.29 0.00 0.0 0.0 0.00
Oriental Hotels 429.53 33.87 1.46 11.99 7.7 9.3 0.70
Asian Hotels (N) 399.70 9.64 0.65 12.27 4.8 7.3 0.62
TajGVK Hotels 365.85 12.47 1.08 7.35 14.1 17.6 0.43
EIH Assoc.Hotels 297.77 27.59 2.65 9.47 11.0 12.2 2.24
The Byke Hospit. 292.03 120.37 4.59 39.05 4.7 6.6 0.00
Asian Hotels (E) 283.71 10.12 0.36 7.56 4.0 4.8 0.00
Sayaji Hotels 250.19 216.36 2.60 9.83 4.3 9.4 1.96
Kamat Hotels 243.40 375.00 0.99 11.45 0.8 6.3 2.42
Bharat Hotels 216.19 11.85 0.29 0.00 2.6 6.7 0.86

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Key Information

Key Executives:

P R S Oberoi , Chairman & Chief Executive 

S S Mukherji , Vice Chairman 

Vikram Oberoi , Joint MD & COO 

Arjun Oberoi , Joint Managing Director 


Company Head Office / Quarters:
4 Mangoe lane,
,
Kolkata,
West Bengal-700001
Phone : 91-033-40002200/22486751
Fax : 91-033-22486785/22420957
E-mail :
isdho@oberoigroup.com
invcom@oberoigroup.com
Web : http://www.oberoihotels.com
Registrars:
EIH Ltd
4 Mangoe Lane


Kolkata - 700001

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