Advani Hotels & Resorts (India) resumes operations at ‘Goa Nugget’ hotel in casino

Advani Hotels & Resorts (India) Ltd. | Hotel, Resort & Restaurants | Travel & Hospitality | BSE: 523269 | NSE: ADVANIHOTR

20 Feb 2014 Evaluate

Advani Hotels & Resorts (India) has re-commenced its operations at ‘Goa Nugget’ hotel in casino which were suspended with the effect from April 24, 2013. Recently, Credit rating agency, CRISIL had re-affirmed ‘BBB-/Stable’ rating to Rs 30 crore bank facilities of the company.

Advani Hotels operates a five-star luxury beach resort, The Ramada Cravela Beach Resort, comprising 192 rooms, 4 suites, and 6 villas, located at Varca beach, Goa. The registered office of the company is located at Nariman Point, Mumbai.

Peers

Company Name	CMP
The Indian Hotels Co	726.00
ITC Hotels	162.05
Mahindra Holi.&Resor	200.20
EIH	294.90
Chalet Hotels	880.80
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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