ROHLTDNSERoyal Orchid Hotels Limited· HotelsMediumNeutral
Announced Wed, 13 Aug · 20:58 IST

Royal Orchid Hotels Limited has informed the Exchange about change in Management

Management Changes 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

Awaiting price reaction for this filing.

AI summary

Royal Orchid Hotels Limited informed the exchanges that its Board of Directors, on the recommendation of the Audit Committee, has approved the appointment of M/s. V. Sreedharan and Associates, Practicing Company Secretaries, as the Secretarial Auditor of the Company. The proposed term is 5 consecutive financial years, starting from the conclusion of the 39th Annual General Meeting (AGM) until the conclusion of the 44th AGM. The appointment is subject to shareholder approval at the upcoming AGM. The firm is a Bengaluru-based peer-reviewed firm with legacy experience since 1988, led by CS V. Sreedharan and CS Pradeep B. Kulkarni, both Fellow Members of ICSI.

Likely market impact

This is a routine corporate governance disclosure and is unlikely to have any material impact on the stock price or shareholder value. The appointment ensures compliance with secretarial audit requirements under SEBI regulations.