"There will be no impact on the operations or other activities of the company. The company is in the process of filing an appeal against the said order," it added. TAJGVK Hotels & Resorts Limited (TajGVK) is a joint venture formed through a strategic alliance between Hyderabad-based GVK Group and the Indian Hotels Company Limited (IHCL) in 1999. GVK Group is a multi product and multi-location business conglomerate with several integrated companies in India and abroad. IHCL is a Tata enterprise with a chain of hotels owning the Taj Group of Hotels and manages and operates various hotels across the country and abroad. The company owns and operates three five-star hotels in Hyderabad and one five-star hotel each in the cities of Chennai, Chandigarh and one five-star luxury hotel at Mumbai through joint venture company i.e Green Woods Palaces and Resorts Pvt Ltd. PTI RSN HVA