Late Mr. Venkatesh K. Kamat (30-05-1921 to 06-12-2001): - Founder of Kamat Group & Chairman Emeritus of the Company had been associated with the hospitality Industry for the last 60 years. The Company's Board & Executives received valuable guidance and advise from him because of his vast experience.

Kamat Hotels (India) Limited (KHIL) is one of the fastest growing hospitality groups in the country. KHIL initiated on March 21st, 1986 by the Late Venkatesh Krishna Kamat, a visionary whose guidance made Vithal Kamat, the current Executive Chairman and Managing Director, steer the company into a successful public limited company in 1994.

KHIL:

With a turnover of over Rs. 80 crores (2006) and approximately 10 thousand shareholders, KHIL is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The EPS of the Company is currently at around Rs. 9/- and the management is confident of improving the same through its continuos efforts.

The company's Initial Public Issue of 51,00,000 shares aggregating to Rs. 30.60 crores and Non-Convertible Debentures aggregating to Rs. 5.50 crores were over subscribed by 3.65 times. Since then it has been paying a beneficial dividend of approximately 10 % per annum to its shareholders.