The Byke Hospitality Ltd. Company History and Annual Growth Details

"KOTAWALA SECURITIES LIMITED" was originally incorporated as Kotawala Financial Consultancy Pvt.Ltd. on 29th March, 1990 in Bombay. It was converted into a Public Limited company vide a special resolution passed in the Extra Ordinary General Meeting of the Company held on 9th January
1995 and its name was changed to KOTAWALA SECURITIES LIMITED. Consequently, a Fresh certificate of incorporation was granted by Registrar of Companies, MAHARASTRA on 20th March, 1995.

2007

-Kotawala India Ltd has informed that the Company had at its Extra Ordinary General Meeting dated January 18, 2007 passed a special resolution for changing its name from Kotawala India Ltd to Suave Hotels Ltd. The change of name has been approved by the Registrar of Companies on April 02, 2007.

2008

- Board recommended a dividend payment @ 12%.

2009

- The Board recommended final dividend of 20 paisa per equity shares of Rs 10/- each.

- Mr. Sandeep Sharma (Executive Director) appointed as Compliance Officer of the Company.

2010

- The Board has considered and recommended dividend @ 5% i.e. Rs. 0.50 per equity share.

2011

- The Board has considered and recommended the Final Dividend @ 10% i.e. Rs. 1/- per Equity Share.

- Byke Hospitality Ltd has informed BSE regarding a Press Release dated October 15, 2011 titled "Acquisition of Resort in South Goa".

-Company has changed its name from Suave Hotels Ltd. to The Byke Hospitality Ltd.

-Registered Office of the Company has been shifted From F-72, Solaris Opp. L&T Gate No.6, off. Saki- Vihar Road, Andheri (E), Mumbai- 400072, To Shree Shakambhari Corporate Park, Ashok Chakravorty Society, Plot No. 156-158, J.B. Nagar, Andheri (East), Mumbai- 400099.

2012

- The Board has considered and recommended the Final Dividend @ 10% i.e. Rs. 1/- per Equity Share.

- The Board discussed the acquisition of Hotels on long lease at Shimla and Manali, thereby expanding its brand "THE BYKE "presence countrywide.

2013

-The company has launched new Web portal WWW.TRIPDEAL.CO.IN.

2014

- Byke Hospitality Ltd has issued Bonus Equity Shares in the ratio of 1:1.

2015
-The Byke Hospitality - Award granted for Contribution to Promote Vegetarian Hotels in India
-Byke Hospitality wins award for promoting vegetarian hotels

2016
-Byke Hospitality opens new hotel in Puri, Odisha
-Byke Hospitality opens The Byke-Vijoya in Puri, Odisha

2021
-The Byke Hospitality Ltd received The Economic Times Award 2021 for Best in Hospitality for creating a niche in affordable luxury resort stay. "

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