April 17, 2017

UP Hotels Pays 10 % Dividend For 2014-15

The Dividend Warrant , dt.10/04/2017 states " Dividend for the Year Ending 31/03/2015 "


old post

March 16, 2017

UP Hotels to Hold Pending AGM s on 31/03/2017

UP Hotels Limited was earlier listed on the BSE.

UP Hotels owns the flourishing chain of CLARKS group of Hotels.



In order  to comply with Listing requirements of minimum 25% public shareholding , the Company passed a Resolution ,in 2013,for a liberal Bonus in the ratio of 31 : 20 ONLY TO NON PROMOTERS.

But some Promoters objected and filed Court Cases.

Bonus Issue Resolution  For Non Promoter Shareholders  was passed in EGM 23 /07/2013 - But No Bonus Issue Made



So , in SEBI , in December 2014 , confirmed the delisting Interim Order of 2013 , thereby  causing grave inconvenience to its shareholders in Buying /Selling its shares

Sebi order


Now , the National Company Law Tribunal has directed the Company to complete all pending statutory compliance for the years 2014-15, 2015-16 before 31/03/17.

55 th AGM on 31/03/2017. Record date 23/09/2016


UP Hotels - Clark Group of Hotels - Asset Laden - Massive Profits



General Warning : Investment in Shares Can be Injurious to Your  WEALTH

Caution :The blog writer has personal/ family members' holdings in this Company , so please make suitable "provisions " for likely over optimism

( NB : All information given in good faith. Please recheck all facts. No responsibility taken by this au
thor / blog . )

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