Court appoints arbitrator in Tambi vs Royal Orchid Hotels dispute
ROHLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 0.3 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Rajasthan High Court, Jaipur Bench has appointed former Supreme Court judge Justice Ajay Rastogi as Sole Arbitrator to adjudicate disputes between Tambi and Others and Royal Orchid Hotels. The dispute arises from a 2007 MOU involving associate company Ksheer Sagar Developers. Order dated May 26, 2026, received by the company on May 31. Company states order is procedural with no quantifiable financial impact and status quo remains unchanged.
Procedural step; no immediate financial effect. Arbitration proceedings to begin for associate company dispute.