Royal Orchid records net profit of 15.18 cr in Q3
Royal Orchid saw its net revenues increase by 37.34% to 72.49 crore, compared with 52.78 crore last year13-02-2023
13-02-2023
ROYAL ORCHID HOTELS LTD. - 532699 - Announcement under Regulation 30 (LODR)-Change in Directorate
We are pleased to inform you that the Board of Directors of the Company, based on the recommendation of the Nomination and Remuneration Committee dated January 13, 2023, approved the appointment of Ms. Leena S Pirgal (DIN: 100427575) as an Additional Director in the category of Non-Executive Woman Independent Director, not liable to retire by rotation, for a period of 1 (One) years commencing from February 13, 2023 to February 12, 2024, subject to approval of the shareholders. Ms. Leena S Pirgal complies with the requirements of Stock Exchange circulars NSE/CML/2018/24 and BSE/LIST/COMP /14/2018-19 dated June 20, 2018. The details of appointment as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 are given as 'Annexure 1'. You are requested to take the above information on record.13-02-2023
ROYAL ORCHID HOTELS LTD. - 532699 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
With reference to the above subject, please find enclose herewith a copy of Press Release issued by the Company. It will also be available on the Company''s website, www.royalorchidhotels.com. We request you to kindly take the above on record.13-02-2023
ROYAL ORCHID HOTELS LTD. - 532699 - Submission Of Unaudited Standalone And Consolidated Financial Results Along With Limited Review Report Thereon, For The Third Quarter Ended December 31, 2022.
Pursuant to Para A of Part A of Schedule III, read with, Regulation 30 & 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Board, in its Meeting held on February 13, 2023, have approved/noted the items as per Agenda, including the Un-audited Financial Results (Standalone & Consolidated) for the third quarter ended December 31, 2022. A copy of Un-audited Financial Results (Standalone & Consolidated) for the third quarter ended December 31, 2022, as approved by the Board is enclosed for your information and record. Further, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are also enclosing herewith a copy of the ''Limited Review Report'' received from Statutory Auditors, on the Standalone & Consolidated Un-audited financial results.13-02-2023
ROYAL ORCHID HOTELS LTD. - 532699 - Board Meeting Outcome for Outcome Of Board Meeting Held On 13Th February, 2023.
Pursuant to Regulation 4, Regulation 30 of SEBI (LODR) Regulations, 2015, we would like to inform you that the Board, in its Meeting held on February 13, 2023, have approved/noted the following: 1) Un-audited Financial Results (Standalone & Consolidated) for the third quarter ended December 31, 2022. 2) Issue of Debentures : In continuation to our intimation dated February 06, 2023, the Audit committee and Board discussed the aforesaid item and authorized Mr. Chander K Baljee, to continue to analyze the feasibility of raising funds through issuance of Debentures upto Rs 200 Crores for the purpose of acquiring new hotels on revenue share basis and approach the merchant banker(s), advisors, arrangers and other intermediaries as may be required for the aforesaid purpose and to do all such acts and deeds as may be required for the aforesaid purpose including matters incidental there to and place his findings at the next Audit Committee and Board meeting.13-02-2023
ROYAL ORCHID HOTELS LTD. - 532699 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the requirement of Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we would like to inform you that the Company will host a Conference Call on Q3 Financial Year 2022-23 results with Investors and Analysts on Tuesday, February 14, 2023 at 03:30 P.M. (IST). The details of the calls with Investors and Analysts are enclosed.13-02-2023
ROYAL ORCHID HOTELS LTD. - 532699 - Board Meeting Intimation for Board Meeting For Unaudited Quarterly Financial Results And Issue Of Debentures
ROYAL ORCHID HOTELS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2023 ,inter alia, to consider and approve We wish to inform you that, pursuant to Regulation 29 of the SEBI (LODR) Regulations, 2015 ('Listing Regulations'), a meeting of the Board of Directors of the Company is scheduled to be held on Monday, 13.02.2023, inter alia, to transact the following proposals : 1. To consider and approve the Standalone and Consolidated Unaudited Financial Results of the Company for the third quarter ended 31.12.22 2. In continuation of disclosure dated 10.11.22 where Mr. Chander K Baljee was given in-principal approval and authorisation to analyze the feasibility of raising funds through issuance of Debentures upto Rs 200 Crores for the purpose of acquiring new hotels on revenue share basis and approach the merchant banker(s), advisors, arrangers and other intermediaries as may be required for the aforesaid purpose and the findings of Mr. Chander K Baljee would be place before the Audit Committee and Board for their consideration and decision whether to go ahead on issuance of NCD's.06-02-2023
ROYAL ORCHID HOTELS LTD. - 532699 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 30 and 47 read with Schedule lll of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the copies of Newspaper Advertisements dated January 28, 2023 in Financial Express (English Version) on page no.15 and Vijayavani (Kannada Version) on page no. 12 for dispatch of Notice of Postal Ballot of the Company and Remote E-voting information for your record purpose.28-01-2023
ROYAL ORCHID HOTELS LTD. - 532699 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
The Board of Directors via Circular Resolution unanimously approved on January 25, 2023 Postal Ballot for seeking member's approval on the Appointment of Mr. Ashutosh Chandra as an Independent who was appointed as an Additional Director (Independent) w.e.f October 21, 2022.27-01-2023
ROYAL ORCHID HOTELS LTD. - 532699 - Statement Of Investor Grievance Redressal For The Quarter Ended December 31, 2022.
Pursuant to the provisions of Regulation 13(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed, the Statement of Investor Grievance Redressal of Royal Orchid Hotels Limited for the quarter ended December 31, 2022 received from Registrar & Transfer Agents is enclosed herewith. We request you to kindly take the same on record. Thanking you,19-01-2023