MANUAL-1

Particulars of Organisation, functions and duties

Section - 4(1) b(i)

I. PARTICULARS

1.1. Name : Hotel Corporation of India Limited.

1.2 Date of Incorporation : 8th July 1971

1.3 Registered Office : 1st floor, Transport Annexe Building,

Air India Complex, Old Airport,

Kalina, Santacruz (E), Mumbai-400 029.

1.4 Capital Structure : The Company has authorized Share

Capital of Rs.41 crores divided into

41,00,000 Equity Shares of Rs.100/- each

and its present paid up capital comprises

of 40,60,000 fully paid up equity shares

of Rs.100/- amounting to Rs.40.60 crores.

(The entire share capital of the Company

is held by Air India Limited and its

nominees ).

1.5 Stations : Mumbai, Delhi and Srinagar.

II OBJECTS : When the Air India decided to enter the

Hotel Industry in keeping with the then

prevalent trend among world airlines,

the objective was to offer to the passe-

-ngers a better product, both in Inter-

-national Airport and at the other places

of tourist interest, thereby also increasing

tourism in India.

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