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ROYAL ORCHID HOTELS LTD. - 532699 - Intimation Of Interim Order Received From SEBI

 The Securities and Exchange Board of India ("SEBI"), issued an Interim Order cum Show Cause Notice dated March 31, 2023 against the Company, Mr. Chander Kamal Baljee, Promoter and Chairman and Managing Director, Mr. Keshav Baljee, Promoter and NonExecutive Director and Mr. Am it Jaiswal, Chief Financial Officer of the Company. The interim order is enclosed herewith. Given that the order is an interim order, no financial implication can be ascertained at such a premature stage. The Company is in the process of seeking legal advice in relation to the order and based on the legal advice which the Company has received the Company is confident that it has a fit and ''proper case and shall keep the exchange updated as to any developments.
01-04-2023
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ROYAL ORCHID HOTELS LTD. - 532699 - Closure of Trading Window

 Pursuant to Royal Orchid Hotels Limited Insider Trading Policy to regulate, Monitor and Report Trading by Insiders and applicable SEBI Regulations, We would like to inform you that the trading window for dealing in securities of the Company by Insiders stands closed from 1st April 2023 till the second day after the submission of the Audited Financial results for the fourth quarter and year ended 31st March 2023 to the Stock exchanges. The trading window will be re-opened from the third day after the submission of the aforesaid results to the Stock exchanges.
31-03-2023
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ROYAL ORCHID HOTELS LTD. - 532699 - Intimation Of Disclosure Under Regulation 7(2) Read With Regulation 6(2) Of The SEBI (Prohibition Of Insider Trading) Regulations, 2015 & Disclosure Under Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011.

 Please find enclosed herewith the following disclosures received from Mr. Chander K. Baljee, the Chairman & Managing Director of the Company and Harsha Farms Private Limited, Promoter Group: 1. Form C under Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. 2. Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. You are requested to kindly take the same on record.
30-03-2023
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ROYAL ORCHID HOTELS LTD. - 532699 - Submission Of Scrutinizers' Report For The Remote E-Voting Conducted Through Postal Ballot Of The Company

 In continuation to our Intimations dated February 13, 2023, we are enclosing herewith, the Scrutinizers' Report on Remote E-Voting conducted through Postal Ballot Notice dated February 24, 2023. The above information is also being uploaded on the Company's website, viz., www.royalorchidhotels.com.
29-03-2023
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ROYAL ORCHID HOTELS LTD. - 532699 - Disclosure Of Voting Results Of Postal Ballot (Including Voting By Electronic Means) Pursuant To Regulation 44 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

 In terms of the Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Voting Results on the special businesses transacted through Postal Ballot Notice dated February 24, 2023. The above information is also being uploaded on the Company's website, viz., www.royalorchidhotels.com.
29-03-2023
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ROYAL ORCHID HOTELS LTD. - 532699 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

 Please find enclosed herewith Press Release for launch of Hotel 'Regenta Fairlak Vadodara', 'Regenta Place Jhansi', 'Regenta Place, Mohali', 'Regenta Inn - Greater Noida', and 'Regenta Inn Grand, ORR - Mahadevpura, Bangalore'. This is for the information and records of the exchanges.
28-03-2023
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ROYAL ORCHID HOTELS LTD. - 532699 - Announcement under Regulation 30 (LODR)-Credit Rating

 Pursuant to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations and In continuation to our letter dated 20th March, 2023, we wish to inform that we have received another from ICRA Limited ('ICRA') which is enclosed herewith.
24-03-2023
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ROYAL ORCHID HOTELS LTD. - 532699 - Announcement under Regulation 30 (LODR)-Credit Rating

 Pursuant to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, we wish to inform that ICRA Limited ('ICRA'), has assigned the following ratings to the Company: Facility: Term Loan & Unallocated facilities; Amount Rated: Rs. 46 Crores; Ratings: [ICRA] A- (Stable); Remarks: Upgraded the long-term rating to [ICRA]A- (pronounced ICRA A minus) ('Rating') from [ICRA]BBB (pronounced ICRA triple B). The outlook on the long-term rating has been revised to Stable from Positive. The details are given in the letter from ICRA enclosed herewith. You are requested to take the above on record.
20-03-2023
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ROYAL ORCHID HOTELS LTD. - 532699 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

 We wish to inform you that, Pursuant to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please find below details of Investor / Analyst Meeting: Date & Time: 10.03.2023 at 5:00 PM; Type of Interaction: One-on-One; Company Representative: Mr. Chander K Baljee Chairman & Managing Director & Mr. Amit Jaiswal, Chief Financial Officer; Name of Institutional Investor/Analyst: Svan Investments; Location: Bengaluru No unpublished price sensitive information will be discussed and shared in the aforesaid Conference/Meetings.
10-03-2023
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ROYAL ORCHID HOTELS LTD. - 532699 - Submission Of Scrutinizers' Report For The Remote E-Voting Conducted Through Postal Ballot Of The Company.

 We are enclosing herewith, the Scrutinizers' Report on Remote E-Voting conducted through Postal Ballot of the Company. In continuation to our Intimation dated October 21, 2022 pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for Appointment of Mr. Ashutosh Chandra as Independent Director and letter dated January 27, 2022 for Postal Ballot for seeking member's approval for the Appointment of Mr. Ashutosh Chandra as an Independent who was appointed as an Additional Director (Independent) w.e.f October 21, 2022, we are pleased to inform all the stakeholders that as per the Report of the Scrutinizer dated February 28, 2023 issued by Mr. G Shanker Prasad, Practicing Company Secretary, the Resolutions for Appointment of Mr. Ashutosh Chandra as per Postal Ballot Notice dated January 27, 2023 stands passed with requisite majority. The Resolutions are deemed to have been passed on the last date of the E-voting, i.e., on February 27, 2023.
28-02-2023
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