Royal Orchid Hotels Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
ROHLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Royal Orchid Hotels Limited has filed the annual Regulation 31(4) disclosure required by SEBI's Takeover Regulations for the financial year ending 31 March 2025. Eight separate declarations were submitted by promoters and promoter group entities, including Arjun Baljee, Chander Kamal Baljee, Keshav Baljee, Sunita Baljee, Sunil Sikka, Baljees Hotels and Real Estates Pvt Ltd, Harsha Farms Pvt Ltd, and Hotel Stay Longer Pvt Ltd. Each declarant confirmed that no encumbrance (such as a pledge or lien) was created on their shares in the company during the year. Two of the promoters, Arjun Baljee and Keshav Baljee, also noted that their individual shareholding in the company was nil as on 31 March 2025. All declarants further confirmed there are no persons acting in concert with them.
This is a routine annual compliance filing and carries no material change for shareholders. It simply reassures investors that promoters did not pledge or otherwise encumber their shares during the year, which is a neutral-to-slightly-positive signal on promoter confidence.