Royal Orchid Hotels Financial Results
Royal Orchid Hotels reported audited annual financial results and recommended a final dividend of Rs 2.5 per share. The company also appointed a new Company Secretary.
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Royal Orchid Hotels reported audited annual financial results and recommended a final dividend of Rs 2.5 per share. The company also appointed a new Company Secretary.
Royal Orchid Hotels launched Regenta Place Hi-Tech City, marking its entry into Telangana. The 74-key property targets business travelers in Hyderabad's premier IT district.
Royal Orchid Hotels scheduled a board meeting for May 25, 2026. The board will consider audited yearly results and a final dividend declaration.
Royal Orchid Hotels Ltd submitted the Scrutinizer's Report for remote e-voting via postal ballot. Shareholders approved the redesignation of Mr. Keshav Baljee to Whole-Time Director and increased remuneration for Mr. Arjun Baljee. Both resolutions passed with approximately 93.73% of valid votes in favor.
Royal Orchid Hotels Ltd announced voting results for its Postal Ballot. Shareholders approved the redesignation of Mr. Keshav Baljee as Executive Director and increased remuneration for Mr. Arjun Baljee. Both resolutions passed with over 93% majority, indicating strong shareholder support for leadership compensation and structural changes.
Royal Orchid Hotels Limited issued a corrigendum to its Postal Ballot Notice dated April 02, 2026. The clarification confirms that Director Mr. Keshav Baljee is liable to retire by rotation and corrects a typographical error regarding a director's appointment date. The notice was published in Financial Express and Vijayavani on April 24, 2026.
Royal Orchid Hotels Limited issued a postal ballot notice corrigendum regarding the redesignation of Mr. Keshav Baljee as Executive Director with a monthly remuneration of ₹0.10 Crore. The ballot also seeks approval for increasing Mr. Arjun Baljee's monthly remuneration to ₹0.10 Crore (combined from the company and subsidiary), effective February 14, 2026.
Royal Orchid Hotels Ltd issued a corrigendum to its April 02, 2026, Postal Ballot Notice. The correction clarifies that Mr. Keshav Baljee, being redesignated as Whole-Time Director, shall be liable to retire by rotation. It also corrects his initial appointment date to November 11, 2019. All other terms of the notice remain unchanged.
Royal Orchid Hotels Limited confirmed it is not classified as a Large Corporate Entity for FY 2026-27. As of March 31, 2026, the company reported outstanding borrowings of ₹26.24 Crore and maintains an [ICRA]A- (Positive) credit rating.
Royal Orchid Hotels has signed a strategic agreement with Hilton to launch 125 Hampton by Hilton hotels in India by 2035. This partnership targets the upper-midscale segment across Western and Southern India, significantly expanding Royal Orchid's franchise portfolio and addressing the supply gap in emerging commercial hubs.