Our Company was originally incorporated as Nitesh Estates Private Limited on February 20 2004 as a private limitedcompany under the Companies Act in Bengaluru Karnataka India. The name of our Company was subsequentlychanged to Nitesh Estates Limited by a special resolution of the members passed at an EGM of our Company onOctober 9 2009. The fresh certificate of incorporation consequent upon change of name was granted to our Companyon November 3 2009 by the Registrar of Companies Karnataka.Key Events and MilestonesMonth/Year Key Events Milestones and AchievementsApril 2006 Corporate housing project for ITCDecember 2006 Citi Property Investors acquired 74.0% stake in Nitesh Residency which is developing the Ritz- Carlton brand hotelJanuary 2007 AMIF I Limited a Och-Ziff Captial Management Group entity acquired 28.98% stake in our CompanyMay 2007 Agreement signed to develop India?s first the Ritz-Carlton brand hotel in Bengaluru by Nitesh ResidencyNovember 2007 Won the bid for a 8.26 acre property in the Boat Club area in the heart of ChennaiSeptember 2009 HDFC AMC pick up 10.1% stake in Nitesh Housing an SPV formed to develop projectsOctober 2009 Executed MoU with Luxury Hotels International Management Company B.V. to set up a full-service luxury international hotel and luxury condominium residences under the Ritz-Carlton brand nameFebruary 12 2010 BETL acquired 1.48% stake in our Company
Name | Position |
---|---|
Mr. Nitesh Shetty | Chairman & Managing Director |
Mr. Ramesh Karur Raghavendran | Executive Director & CFO |
Mr. L S Vaidyanathan | Executive Director |
Mr. S Ananthanarayanan | Independent Director |
Mr. Kumar Nellore Gopalakrishna | Independent Director |