Established in 1959, Graviss Hospitality Limited (formerly G L Hotels Limited) owns the renowned Nataraj Hotel located in South Mumbai. The company operates in the hospitality sector, with another property named Inter-Continental situated at Marine Drive, Mumbai.
In 1970, GLHL issued bonus shares at a ratio of 1:4 and extended an offer of 7 rights shares for every 6 shares held to Ghai Enterprises Pvt Ltd during an amalgamation. In 1994-95, the company diversified its portfolio by launching Baskin Robbins ice-cream stores in Bombay.
Currently, the reconstruction of Hotel Nataraj is underway, with the structural framework of the new building already completed. The company is also actively engaged in interior designing for the hotel.
Graviss Hospitality Limited has entered into a catering agreement with M/s Kwality Frozen Food Pvt Ltd and has established various strategic partnerships with Inter-Continental Hotels Corporation USA.
In 2007, the company acquired Mayfair Banquets Private Limited (MBPL) through a Scheme of Arrangement, which became effective from July 21, 2007. As part of this scheme, Leman International Private Limited, a subsidiary of MBPL (now merged with the company), became a subsidiary of Graviss Hospitality Limited. Pursuant to this arrangement, 58,62,171 Equity shares were issued to the former members of MBPL.
Additionally, the company acquired 10,000 equity shares, representing 100% of the total paid-up capital and voting rights of Kwality Resorts and Hospitality Private Limited. Consequently, Kwality Resorts and Hospitality Private Limited became a wholly owned subsidiary of Graviss Hospitality Limited, which was later converted into a Public Limited Company on June 29, 2007. In the fiscal year 2008-09, the company initiated operations for Mayfair Banquets in Bangalore, Gurgaon, and Ahmedabad.
In 1970, GLHL issued bonus shares at a ratio of 1:4 and extended an offer of 7 rights shares for every 6 shares held to Ghai Enterprises Pvt Ltd during an amalgamation. In 1994-95, the company diversified its portfolio by launching Baskin Robbins ice-cream stores in Bombay.
Currently, the reconstruction of Hotel Nataraj is underway, with the structural framework of the new building already completed. The company is also actively engaged in interior designing for the hotel.
Graviss Hospitality Limited has entered into a catering agreement with M/s Kwality Frozen Food Pvt Ltd and has established various strategic partnerships with Inter-Continental Hotels Corporation USA.
In 2007, the company acquired Mayfair Banquets Private Limited (MBPL) through a Scheme of Arrangement, which became effective from July 21, 2007. As part of this scheme, Leman International Private Limited, a subsidiary of MBPL (now merged with the company), became a subsidiary of Graviss Hospitality Limited. Pursuant to this arrangement, 58,62,171 Equity shares were issued to the former members of MBPL.
Additionally, the company acquired 10,000 equity shares, representing 100% of the total paid-up capital and voting rights of Kwality Resorts and Hospitality Private Limited. Consequently, Kwality Resorts and Hospitality Private Limited became a wholly owned subsidiary of Graviss Hospitality Limited, which was later converted into a Public Limited Company on June 29, 2007. In the fiscal year 2008-09, the company initiated operations for Mayfair Banquets in Bangalore, Gurgaon, and Ahmedabad.
