Royal Orchid Hotels Limited has informed the Exchange about Copy of Newspaper Publication
ROHLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Royal Orchid Hotels Limited has issued a Postal Ballot Notice to shareholders seeking approval for two proposals. The first is a Special Resolution to change the designation of Mr. Keshav Baljee from Non-Executive Director to Whole Time Director (Executive Director). The second is an Ordinary Resolution to increase the remuneration of Mr. Arjun Baljee, President of the company. The e-voting period opened on April 4, 2026 and will close on May 3, 2026. Results will be announced by May 5, 2026. The postal ballot is being conducted entirely through electronic voting via CDSL as permitted under MCA and SEBI circulars.
If shareholders approve these proposals, the company will have an additional executive director on its board and will incur higher remuneration costs for the President's role. Shareholders should carefully evaluate these proposals as they affect both corporate governance and executive compensation.