- Business
- Polo Hotels Limited engages in the hotel and restaurant business in India, owning and operating properties including the three-star Hotel North Park, Bella Vista, KC Royal Park and Fort Ramgarh; Hotel North Park, located near Ghaggar Bridge in Panchkula, Haryana, offers over 30 air-conditioned rooms, a health club with steam sauna, gymnasium, squash court, swimming pool and slimming center, as well as bar, coffee shop and restaurant facilities. The company targets government employees, business travelers and tourists, with projects encompassing hotels, restaurants, hospital and information technology buildings. Founded in 1984 and headquartered in Panchkula, Haryana, Polo Hotels Limited operates primarily in the northern India region.
In May 2024, the National Company Law Tribunal (NCLT) Chandigarh Bench initiated the Corporate Insolvency Resolution Process (CIRP) against the company and appointed an Interim Resolution Professional, reflecting significant operational challenges amid low revenue and ongoing losses. The company maintains promoter holding of 51.82% as of March 2024, with trading activity on the BSE under ticker POLOHOT.BO showing volatility, including an upper circuit hit in November 2025 driven by strong buying interest.