Ramesh Kakkar, managing director of Prominent Hotels Ltd who has been arrested in connection with the murder of Mohammmad Moin Khan, is a director in as many as five other companies.
The company under the scanner, Prominent Hotels Ltd, was incorporated in 1982 and Kakkar was appointed its managing director in September 1987. In 2014, the company had a turnover of Rs 15.1 crore and posted a loss of Rs 39.43 lakh, according to records of the Ministry of Corporate Affairs . However, in the financial year 2004-05, the company had a turnover of Rs 8.4 crore and posted a profit of Rs 1.38 crore.
According to official documents, the managing director of company is Ramesh Kakkar and the chief executive officer is R Venkatesh. The other directors of Prominent Hotels Ltd are Rajni Kapoor and Braham Arenja. The company held his last annual general meeting on September 29 last year. Kakkar is also associated with five other companies — Arjun KKR Developers Limited, Sangam Limited, KKR infosolutions Ltd, Divy Hotel Pvt Ltd and WE 2 Financial Consultants Private Ltd.