ORIENTAL HOTELS LTD. - 500314 - Announcement under Regulation 30 (LODR)-Change in Directorate
We wish to inform you that the Board of Directors of the Company has appointed Mr . Moiz Miyajiwala (DIN : 00026258) as an Additional Director of the Company in the category of Non-Executive Independent Director with effect from 06th November 2023. ORIENTAL HOTELS LTD. - 500314 - Announcement under Regulation 30 (LODR)-Change in Directorate
We wish to inform you that Mr. Phillie D Karkaria (DIN: 00059397) has retired as Non-Executive Director of the Company with effect from close of business hours on November 06, 2023, on attaining the age of retirement as per the guidelines adopted by the Company for retirement of Directors. ORIENTAL HOTELS LTD. - 500314 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Copies of the newspaper publications pertaining to the extract of the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter / half year ended September 2023
Oriental Hotels Share Price Live blog for 17 Oct 2023
Oriental Hotels stock price went down today, 17 Oct 2023, by -1.14 %. The stock closed at 104.84 per share. The stock is currently trading at 103.65 per share. Investors should monitor Oriental Hotels stock price closely in the coming days and weeks to see how it reacts to the news. Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for Oriental Hotels Ltd.
Oriental Hotels announced Q2FY24 & H1FY24 results: Financial Performance: - Oriental Hotels Limited (OHL) reported a revenue of Rs 95.42 crore in Q2FY24, a 5% increase compared to the same period last year. - The company's EBITDA for the quarter stood at Rs 24.66 crore, while the profit after tax was Rs 10.38 crore. - For the half-year ending September 30, 2023, OHL recorded a revenue of Rs 192.21 crore and an EBITDA of Rs 51.48 crore. - The profit after tax for the first half of the year was Rs 22.58 crore. Asset Management: - OHL has been focusing on asset management efforts, including the re-positioning of Vivanta Mangalore, ongoing renovation of the hotel in Coonoor, and commencing a complete renovation of Taj Malabar Resort & Spa, Cochin in Q2. - These initiatives are aimed at sustained value creation of the hotel portfolio. Other Highlights: - Taj was ranked as India's Strongest Brand across sectors and industries by Brand Finance's Brand Value Report India 2023. - Taj Coromandel, Chennai undertook outdoor catering for the President's visit at Raj Bhavan hosted by the Governor. Pramod Ranjan, Managing Director & CEO, Oriental Hotels said, “OHL reported a 5% increase in revenue in the second quarter aided by an increase in the Average Room Rates (ARR)." He added, “Our asset management efforts which began with the re-positioning of Vivanta Mangalore, ongoing renovation of the hotel in Coonoor and the commencement of a complete renovation of the iconic Taj Malabar Resort & Spa, Cochin in Q2, are all aimed at sustained value creation of the portfolio.” Result PDF ORIENTAL HOTELS LTD. - 500314 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Further to the intimation of the financials results of the Company for the period ended September 2023, please find attached the press release on the same for your records. ORIENTAL HOTELS LTD. - 500314 - Board Meeting Outcome for Unaudited Financial Results For The Quarter / Half Year Ended September 30, 2023
We refer to our letter dated October 6, 2023. A Meeting of the Board of Directors of the Company was held earlier today, at which meeting the Board inter-alia, considered and took on record the Un-audited Standalone and Consolidated Financial Results along with the Limited Review Report thereon for the quarter/ half year ended September 30, 2023. Enclosed is a copy of the said financial results of the Company and the Limited Review Report, being forwarded to you, in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 11.30 a.m. and concluded at 12.30 p.m. ORIENTAL HOTELS LTD. - 500314 - Unaudited Financial Results For The Quarter / Half Year Ended September 30, 2023
Unaudited Financial Results for quarter/half year ended September 30, 2023 is attached. Oriental Hotels Share Price Live blog for 13 Oct 2023
Oriental Hotels stock price went down today, 13 Oct 2023, by -1.45 %. The stock closed at 109.82 per share. The stock is currently trading at 108.23 per share. Investors should monitor Oriental Hotels stock price closely in the coming days and weeks to see how it reacts to the news. ORIENTAL HOTELS LTD. - 500314 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The securities received for demat have been mutilated and cancelled after due verification and the name of the depository has been substituted in Company records as the registered owner within 15 days of receipt of certificate. Confirmation letter from RTA of the Company is also enclosed.