ROHLTDBSERoyal Orchid Hotels LtdLowNeutral
Announced Tue, 5 May · 15:39 IST

In continuation to our intimations dated April 02, 2026, we are enclosing herewith, the Scrutinizer''s Report on Remote E-Voting conducted through Postal Ballot Notice dated April 02, 2026.

Board & Shareholder Meetings View source PDF

ROHLTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹343.85
prior close
base price
After-mkt
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+0.5-1.0-2.1-4.3-4.6-5.8-4.3-9.8-5.8
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AI summary

Royal Orchid Hotels Limited has submitted the Scrutinizer's Report for a Postal Ballot conducted via remote e-voting with a cut-off date of March 27, 2026. Two resolutions were passed: (1) Special Resolution approving change in designation of Mr. Keshav Baljee from Non-Executive Director to Whole-Time Director (Executive Director), with 93.73% assent; and (2) Ordinary Resolution approving increase in remuneration of Mr. Arjun Baljee, President of the Company, with 93.73% assent. A corrigendum was issued on April 23, 2026 correcting Mr. Keshav Baljee's appointment details, including the retirement clause (shall be liable to retire by rotation) and first appointment date (corrected to November 11, 2019). Total valid e-votes represented 68.50% of the company's paid-up equity capital of 2,74,25,215 shares.

Likely market impact

Both resolutions passed with overwhelming shareholder approval (~94% assent), indicating continued confidence in the Baljee family's leadership and management. The dissent of ~6% may reflect some shareholder concerns about related-party transactions.