Robust Hotels Ltd
Robust Hotels Ltd Company History
Robust Hotels is primarily engaged in Hotel business and operating “Hyatt Regency Chennai” a five-star deluxe premium hotel situated in the city of Chennai.
2012
The Company became a subsidiary of GJS Hotels Limited and a step down subsidiary of Asian Hotels (East) Limited by virtue of 100% holding of Equity Shares of Asian in M/s. GJS Hotels Limited.
2012
2017
Incorporated as Private Limited Company under the Companies Act, 1956
The Company became a subsidiary of Forex Finance Private Limited
2017
2019
Pursuant to the Scheme of Arrangement between the Company, Asian Hotels (East) Limited and GJS Limited, upon the scheme becoming effective, all the securities held by GJS in the Company stood transferred to AHEL and accordingly the Company became a wholly owned Subsidiary of Asian Hotels (East) Limited
2019
2022
The HonÂble NCLT, Kolkata and Chennai benches sanctioned the Scheme of Arrangement between the Company and Asian Hotels (East) Limited.
The above scheme came into effect on filing of Form INC Â 28 whereby the Demerged Undertaking i.e. the Securities Trading Unit of Asian Hotels (East) Limited has been transferred and vested in the Company with effect from Sep 21,2022
Pursuant to the effectiveness of the Scheme, the equity shares of the Company held by Asian stands cancelled and accordingly, the Company ceased to become wholly owned subsidiary of Asian.
The Company was converted into a Public Limited Company
The Company name was further changed to Robust Hotels Limited
Equity Shares of Robust was issued and allotted 13.10.2022 to the Shareholders of Asian as on the record date 07.10.2022 in the ratio 1:1Â Â
2022
