Royal Orchid Hotels Limited has informed the Exchange regarding Change in Director(s) of the company.
ROHLTD · price
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Royal Orchid Hotels Limited has appointed Mr. Rakesh Mehta as an Additional Director in the category of Non-Executive Independent Director, effective October 6, 2025, for a two-year term ending October 5, 2027. The appointment was approved by the Board on September 30, 2025, based on the recommendation of the Nomination and Remuneration Committee via circular resolution, and is subject to shareholder approval. Mr. Mehta is a Chartered Accountant and Chairman of Mehta Group, a capital markets intermediary with presence across BSE, NSE, MCX, and other segments. He is not related to any existing Directors and is not debarred from holding office by any authority.
This is a routine governance update strengthening the board with an experienced financial services professional as an Independent Director. It is unlikely to have a material impact on the stock price but adds financial markets expertise to the board.