Cindrella Hotels Share Price

Incorporated on March 27, 1986 as a private Limited Company, Cindrella Hotels Limited (CHL) was converted into a Public limited company in May 1992. The Company operate two lawns Cindrella Park and Cherry Park and a club Cindrella Park Club, at Siliguri, Jalpaiguri (West Bengal). Presently, it is engaged in the business of hotels and runs a four star hotel at Siliguri in North Bengal and a tourist class property in DarjeelingThe Queen of Hills. It is also engaged in the business of selling tour packages to both domestic and international travelers.From the beginning it has been the philosophy of Company to market and promote tourism in Darjeeling, Sikkim and Bhutan leading to increased tourist arrivals in Siliguri and this region. CHL came out with a public issue of 27 lac equity shares at par in Jan.94 to to finance the construction of a 47 rooms, 3star deluxe category hotel with restaurant and bar, shopping complex, banquet and conference halls and a health club at Siliguri. The Swiss Hotels has started its operations at Darjeeling during October 2002. The development work at Chalsa Resort was started in 2004. It set up a green house for the cultivation of Garbera Anthurium in 2005. The Company is involved in hospitality, travel and tourism sector and operating a hotel of considerable repute at Siliguri in North Bengal and its sphere of business activities also encompassing Darjeeling district, State of Sikkim and Bhutan. A portion of revenues comes from sale of food and beverages at its restaurant. It is engaged in selling tour packages to domestic and international travelers. However, the Company seek to return of normalcy and take advantage of any kind of relaxation of restrictions in number of persons allowed to assemble together to earn possible revenues from rentals from occasions and sales food and beverages. Further, it is always in process of generating increased tourist interest by developing/offering attractive travel packages at lucrative rates for domestic and foreign visitors.