Asian Hotels (North) Ltd.   (ASIANHOTNR)

The Company was incorporated under the Companies Act, 1956 in Delhi on 13th November 1980 as a Public Limited Company and obtained the certificate of commencement of business on 14th January, 1981.Mr. R.S. Saraf, Mr. R.K. Jatia, Late Mr. Chaman Lal Gupta, 3 Non-resident Indians together with Mr. Sushil Gupta and Mr. Shiv Jatia, their Indian Associates promoted Asian Hotels (North) Limited. On incorporation the immediate object of the Company was to set up a 5 star deluxe category hotel of international standards in Delhi. Hence, Hyatt Regency Delhi came into existence. Initially a soft opening of the hotel was done in 1982 for the purpose of Asian Games. However, the hotel started full?fledged commercial operation in the Year 1983. Since then Asian Hotels (North) Limited has set up two more 5 star deluxe hotels in India, one each in Mumbai and Kolkata. While Hyatt Regency Kolkata started full-fledged commercial operation from 1st January 2003, Hyatt Regency Mumbai commenced commercial from 1st April 2003. However, Post demerger, the Company retained only the Delhi property i.e. Hyatt Regency, Delhi.

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