CHL’s promoter -- Luv Malhotra -- has acquired 5,000 equity shares of Rs 2 each at a consideration of Rs 65,000 as on June 06, 2016. By acquiring the same, the total stake of Promoters (including persons acting in concert) has increased to 3,99,29,049 equity shares or 72.84% from 3,99,24,049 equity shares or 72.83%.
The main objective of the company was to run the business of a 5 - star Deluxe Hotel in South Delhi, which should have all the facilities/comforts as per the needs of the tourist/corporate bodies.