Outcome of the meeting of the Board of Directors held on Wednesday, June 04, 2025

CFO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

Price

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Price reactionminutes from the announcement price · days from the prior close

-4.2%Reaction day

₹55.40

prior close

₹54.66

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-4.7% vs market

Hotels & Resorts peers, median of 51sector+0.0%-4.2% vs sector

On the reaction day the stock moved 4.7 pts less than Nifty Microcap 250 and 4.2 pts less than its Hotels & Resorts peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+1.3

15m

+1.1

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.2+0.5-4.7+0.0-4.2

Next day

-6.2+0.5-6.6+0.6-6.7

-0.7+1.8-2.6+1.2-1.9

+2.6+2.6-0.0+0.8+1.8

+7.1+3.1+4.1+0.6+6.6

+4.6+1.5+3.1-0.4+5.0

-6.5+1.5-8.0-0.5-6.0

15d

-9.3+1.3-10.6+1.0-10.3

-14.2+2.6-16.8+0.2-14.4

-14.0+0.2-14.2+1.4-15.4

-13.2+0.0-13.3+0.8-14.1

UpDownMarket · Nifty Microcap 250Sector · Hotels & Resorts peers, median of 51Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

At its meeting on June 4, 2025, the Board of Royale Manor Hotels & Industries accepted the resignation of Mr. Devraj Singh Chauhan from the post of Chief Financial Officer, effective close of business on June 3, 2025, due to personal reasons. In the same meeting, the Board appointed Ms. Sonu Shah as the new CFO effective June 4, 2025; she holds a post-graduate qualification and brings experience in accounting, budgeting, statutory compliance, financial planning, and reporting. The outgoing CFO confirmed there were no material reasons other than personal circumstances. The Board also reviewed other routine business matters, with the meeting running from 4:00 PM to 5:00 PM.

Likely market impact

This is a routine leadership transition with an immediate, same-day replacement, so the company avoids any gap at the CFO level. For shareholders, the change itself is neutral, but any future quarters will need to be watched to assess how the new CFO handles financial reporting and compliance.