Incorporated in 1959, G L Hotels (GLHL) is the owner of the Nataraj hotel in South Bombay. The company is headed by Chairman Ravi Ghai._x000D_ _x000D_ GLHL issued bonus shares in 1970 in the ratio of 1:4. It offered 7 rights shares for every 6 shares held to Ghai Enterprises Pvt Ltd, share holders at the time of amalgamation. In 1994-95, the company diversified its activities by opening up ice-cream stores in Bombay selling ice-creams branded Baskin Robbins._x000D_ _x000D_ Reconstruction work of the Hotel Nataraj is progressing and structural work of the new building has been completed. Reconstruction of the hotel and Interior Designing work is in progress._x000D_ _x000D_ The company has entered into a catering agreement with M/s Kwality Frozen Food Pvt Ltd. It has entered into various strategic agreements with Inter-Continental Hotels Corporation USA._x000D_