Royal Orchid Hotels Limited has informed the Exchange about General Updates
ROHLTD · price
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Awaiting price reaction for this filing.
Royal Orchid Hotels has sent a reminder to shareholders who have not claimed their Final Dividend for FY 2017-18, originally paid in September/October 2018. Under Section 124(6) of the Companies Act, 2013, any equity shares whose dividend has remained unclaimed for seven or more consecutive years must be transferred to the Investor Education and Protection Fund (IEPF). Shareholders have until October 31, 2025 to submit the enclosed annexure along with KYC and bank details to the company's Registrar (Integrated Registry Management Services) to claim their dividend. If they fail to act by the deadline, both the unclaimed dividend and their underlying equity shares — whether held in physical or demat form — will be moved to IEPF without any further notice. Once transferred, shareholders can only reclaim them by applying to IEPF via Form IEPF-5.
This is a routine regulatory compliance filing with no direct impact on the stock price. It is relevant only to specific shareholders who have unclaimed dividends and risk losing both the dividend amount and their shares if they do not submit the required documents before October 31, 2025.