Royal Orchid Hotels Approves Q1 Financial Results, Confirms Director Re-appointment for Two Years
Royal Orchid Hotels Ltd. has announced key outcomes from its Board Meeting held on August 11, 2026. The company approved un-audited financial results for the quarter ending June 30, 2026, and set crucial dates related to the final dividend payout, while also confirming the re-appointment of an independent director.The Board meeting reviewed the Un-audited Financial Results (both Standalone and Consolidated) for the quarter ended on June 30, 2026. A Limited Review Report received from Statutory Auditors regarding these results was also noted.
Dividend Dates Set
Regarding the dividend payable for the financial year 2025-26, the company established August 28, 2026, as the record date. If approved by shareholders at the forthcoming Annual General Meeting (AGM), the dividend will be paid on or after September 26, 2026, to those members listed in the register of members/beneficial owners on the specified record date.Independent Director Re-appointment Confirmed
The Board also reviewed and approved the re-appointment of Mr. Venkata Ramana Murthy Pinisetti as an Independent Director for a second term. The appointment is effective from October 9, 2026, to October 8, 2028, subject to shareholder approval.Mr. Murthy Pinisetti's professional background was detailed in the company records:
| Particulars | Details |
|---|---|
| Reason for Re-appointment | Independent Director of the Company. |
| Term of Appointment | For a further period of 2 years, from October 09, 2026 to October 08, 2028. |
| Brief Profile | A seasoned professional in HR and Organization Development with three and a half decades of experience across India, Europe, and the USA. He has worked at CXO levels within Fortune 500 companies, including The Coca-Cola Company and Indian Hotels (TATA Group), focusing on leadership development and culture building. |
| Relationship Status | Not related to any of the Directors of the Company. |
Governance Updates
The company is scheduled to hold its 40th Annual General Meeting (AGM) on Saturday, September 26, 2026, which will be conducted through Video-Conferencing (VC) or Other Audio-Visual Means (OAVM).Additionally, the Board accorded consent for Ms. Padmini V. Krupanidhi, Company Secretary and Compliance Officer, to act as the Nodal Officer. She is authorized to coordinate with the Investor Education and Protection Fund (IEPF) Authority concerning the verification of all cases related to refunds from the IEPF Fund.
ROHLTD Stock Price Movement
As of 2:18 PM, Royal Orchid Hotels Limited’s shares are slipping by 4.13% in live trading, shedding ₹13.35 to reach ₹309.85. The stock saw robust trading volume today, with 65,717 shares traded and the equity hitting an intraday low of ₹306.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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