Announced Thu, 2 Apr · 18:20 IST
Postal Ballot: Re-designate Keshav Baljee as Executive Director, raise Arjun Baljee's pay
Board & Shareholder Meetings View source PDF
ROHLTD · price
▲ 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
-1.3%1-day move
₹310.10
prior close
₹313.15
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.0-2.5-4.2-4.2-1.3+8.7+14.5+19.6+15.4+18.0+9.5+11.3+0.0+4.4
Up moveDown movePending
AI summary
Royal Orchid Hotels has sent a postal ballot notice to shareholders for two items: (1) Re-designate Mr. Keshav Baljee from Non-Executive Director to Whole-Time Director/Executive Director for 5 years at ₹10 lakh/month, and (2) raise President Mr. Arjun Baljee's monthly pay from ₹5 lakh to ₹7.5 lakh (total ₹10 lakh with subsidiary Maruti Comforts). Both are co-promoters and sons of CMD Chander K. Baljee. E-voting runs April 4 to May 3, 2026; results by May 5, 2026.
Likely market impact
Two promoter-family resolutions: making Keshav Baljee Executive Director at ₹10L/month and raising Arjun Baljee's pay to ₹7.5L/month.