Investor Relations
Investor Relations
Erstwhile Fomento Resorts & Hotels Limited
Fomento Resorts and Hotels Private Limited (formerly Fomento Resorts and Hotels Limited) was incorporated in 1971. The company was listed on the Bombay Stock Exchange (BSE Limited) in 1982 and was voluntarily delisted from the BSE Limited effective November 2, 2020.
On January 20, 2023, the Honorable National Company Law Tribunal approved the company's petition for the reduction of its equity share capital, from INR 29,07,08,630 to INR 28,54,56,870. This reduction was achieved by cancelling and extinguishing 1.81% of the total issued, subscribed, and paid-up equity share capital, amounting to 5,25,176 equity shares held by non-promoter shareholders. As a result, a consideration of INR 8,30,30,508.61 was paid to the Non-Promoter shareholders.
Subsequently, the company was converted into a private limited company, effective July 5, 2024.
M I S S I O N
- To run a professionally managed organization and to ensure fair returns to the investors.
- To diversify into other similar businesses.
- To invest in education and research in the Hospitality Industry.
- To be an environment friendly organization.
- To contribute to community welfare.
V A L U E S
Integrity
Integrity will go beyond honesty and ethical practices of having the courage of one’s convictions and standing up for one’s beliefs.
Openness
Openness is understood not just as sharing information, thoughts and feelings and being up-front with others but being a good listener, open to other people’s views and feedback.
Respect for others
God has made all human beings in his image and likeness. Everything we say or do must ensure respect for others and the protection of their dignity.
Fairness and Justice
People in the Organization must believe that everyone will be measured with the same yardstick. The rules, regulations, policies and procedures will be applied uniformly. That no matter how firm we are, we will also be fair and just. That no action will be taken or response given unless we hear a person’s viewpoint.
Self discipline
We must conform to organizational expectations and requirements even though nobody is watching. Nothing ensures discipline like self –discipline. We must walk the talk.
Honesty
We must be honest to ourselves and to the Organization by being committed performers and delivering what we have promised and what is expected of us.
Fomento Resorts and Hotels Private Limited
Fomento Resorts and Hotels Private Limited (formerly Fomento Resorts and Hotels Limited) was incorporated in 1971. The company was listed on the Bombay Stock Exchange (BSE Limited) in 1982 and was voluntarily delisted from the BSE Limited effective November 2, 2020.
On January 20, 2023, the Honorable National Company Law Tribunal approved the company's petition for the reduction of its equity share capital, from INR 29,07,08,630 to INR 28,54,56,870. This reduction was achieved by cancelling and extinguishing 1.81% of the total issued, subscribed, and paid-up equity share capital, amounting to 5,25,176 equity shares held by non-promoter shareholders. As a result, a consideration of INR 8,30,30,508.61 was paid to the Non-Promoter shareholders.
Subsequently, the company was converted into a private limited company, effective July 5, 2024.
Annual Reports
Annual Report 2018
Annual Report 2024
Nodal Officer & RTA
Nodal Officer for IEPF
Ms. Asmeeta Matondkar
Company Secretary
Fomento Resorts and Hotels Private Limited,
- Cidade de Goa, Vainguinim Beach, Dona Paula, Goa - 403004
- 0832-2454545 / 0831-2454541/42
- cs@frhl.in / shareholders@frhl.in
Registrar and Transfer Agent (RTA)
Bigshare Services Private Limited
- Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093, India
The Board of Directors
Mr. Auduth Timblo
Director & Non-Executive Chairman
Mrs. Anju Timblo
Managing Director & CEO
Mr. Sujjain Talwar
Independent Director
Mr. Vinayak Padwal
Independent Director
CSR
Along with its business operations, Fomento places a special emphasis on its Corporate Social Responsibility (CSR) activities. The company primarily focuses on education, healthcare, training, empowering women from economically backward groups, vocational skilling, and the promotion of livelihood.
Our Area of Work
Community Care
Healthcare
Education
CSR
Along with its business operations, Fomento places a special emphasis on its Corporate Social Responsibility (CSR) activities. The company primarily focuses on education, healthcare, training, empowering women from economically backward groups, vocational skilling, and the promotion of livelihood.
