Robust Hotels Limited (Formerly known as Robust Hotels Private Limited) was incorporated in the year 2007, as a Private Limited Company under the provisions of the Companies Act, 1956. The change in the name of the Company was made with effect from October 11, 2022 as per the fresh certificate of incorporation issued by RoC, Chennai. Pursuant to the Scheme of Arrangement, Demerger and Reduction of Capital u/s 230 to 232 of the Companies Act, 2013 (the Scheme), between Asian Hotels (East) Limited (AHEL) and Robust Hotels Private Limited the Company became a public limited company and also ceased to be the subsidiary of AHEL with effect from September 21, 2022. Subsequently, the equity shares of the company have been listed on both National Stock Exchange and Bombay Stock Exchange on and from April 25, 2023.

The company owns and manages Hyatt Regency Chennai, a luxury 5 star hotel located on Anna Salai at Teynampet in Chennai, India. The Company classifies its business divisions by the quality of the property, the range of services, and the guests it targets. The Company derives the majority of its revenue from the Hyatt Regency Chennai. The Company is focused on the high end (five-star deluxe) hotel market.

The key elements of the company’s strategy are to strengthen its position as a leading hotel group in India, to migrate up the value chain by entering into joint ventures and management contracts, to expand selectively in international markets, to focus on shareholder value enhancement and to reorganize and rationalize its assets so as to improve returns.

Business area of the company

The company is primarily engaged in Hotel business and operating ‘Hyatt Regency Chennai’ a five-star deluxe premium hotel situated in the city of Chennai.

History and milestone 

• 2007: Incorporated as Private Limited Company under the Companies Act, 1956.
• 2007: The Company became a subsidiary of Forex Finance Private Limited.
• 2012: The Company became a subsidiary of GJS Hotels Limited and a step down subsidiary of Asian Hotels (East) Limited by virtue of 100% holding of Equity Shares of Asian in M/s GJS Hotels Limited.
• 2019: Pursuant to the Scheme of Arrangement between the Company, Asian Hotels (East) Limited and GJS Limited, upon the scheme becoming effective, all the securities held by GJS in the Company stood transferred to AHEL and accordingly the Company became a wholly owned Subsidiary of Asian Hotels (East) Limited.
• 2022: The Hon’ble NCLT, Kolkata and Chennai benches sanctioned the Scheme of Arrangement between the Company and Asian Hotels (East) Limited.
• 2022: The above scheme came into effect on filing of Form INC - 28 whereby the Demerged Undertaking i.e. the Securities Trading Unit of Asian Hotels (East) Limited has been transferred and vested in the Company with effect from Sep 21, 2022Oct 11,,2022 The Company was converted into a Public Limited Company.
• 2022: The company name was further changed to Robust Hotels Limited.
• 2022: Equity Shares of Robust was issued and allotted 13.10.2022 to the Shareholders of Asian as on the record date 07.10.2022 in the ratio 1:1.