CHL Company was originally incorporated in Delhi on March 16, 1979 as a private limited company under the provisions of the Companies Act, 1956 with the name and style ‘Cosmopolitan Builders and Hoteliers Private Ltd.’ Subsequently, it converted into public limited company and changed its name to ‘Cosmopolitan Builders And Hoteliers Limited’. The name of the company was again changed to ‘Cosmopolitan Hotels Limited’ vide fresh certificate of incorporation dated 29th April, 1982 and subsequently renamed as ‘CHL Limited’ vide fresh certificate of incorporation dated December 11, 1997.
The main objective of the company was to run the business of a 5 – star Deluxe Hotel in South Delhi, which should have all the facilities/comforts as per the needs of the tourist/corporate bodies. the. The promoters of CHL are the members of the Malhotra family, having about 71.33% of shareholding. The Malhotra family has business interest in India, Kuwait and UAE and belongs to International chain of Malbros Group.
The company has entered into an International Hotel License Agreement with M/s Bass Hotels & Resorts, Inc. (now known as Intercontinental Group, USA) to use their brand name ‘Crowne Plaza’ for a period of Ten years from January, 2001 to January, 2010.
CHL doesn’t have any export products, however the group is involved in international trading and exports.
CHL International, one of the group companies of CHL Ltd. incorporated as a Joint Stock Company in the Republic of Tajikistan, has taken up a project for setting up of a five star hotel at Dushanbe, the capital of Tajikistan, a CIS country at a project cost of US $ 10.5 million. One of the group company M/s Mela Hotels Limited has setup a hotel with 100 rooms in Ghaziabad.
The company has setup a five star hotel ‘CROWNE PLAZA’ in New Delhi, in 1982.