The late Rai Bahadur Mohan Singh Oberoi founded the Oberoi Group in 1934. The Company was incorporated as a public limited company in India on 26 May 1949 and its initial business activity was as the lessee and operator of The Oberoi Palace Hotel in Srinagar, Kashmir. The equity shares of the Company were first listed on the BSE in 1956. In 1965, we built our first hotel, The Oberoi Intercontinental, now known as The Oberoi, New Delhi, and in 1957, we started our flight services business. On 9 September 1968, The Associated Hotels of India Limited and Hotels (1938) Private Limited merged into the Company pursuant to which our Company acquired five hotels including, The Oberoi Grand in Kolkata, The Maidens Hotel in Delhi and The Oberoi Cecil, Shimla. In 1973, we commenced operations at the Oberoi Towers in Mumbai and subsequently expanded our operations from the five star deluxe segment to - Trident branded hotels which were targeted at business and leisure customers seeking high-quality service at more affordable prices. Between 1986 and 2009, we added nine hotels branded Trident. In 1974, the Company established a printing press in Delhi primarily to ensure supply of high quality guest interactive stationery.