Royal Orchid Hotels Limited — Important, 12-02-2025: General Updates

The Board of Directors of Royal Orchid Hotels Ltd has approved the proposal to recommend Mr. Sunil Sikka as a Non-Executive Director, subject to shareholder approval. This appointment is effective from May 30, 2025, and Mr. Sikka will be liable to retire by rotation. His experience includes notable roles in various companies, including Knotty Home Private Limited and Baljees Hotels and Real Estates Private Limited. Mr. Sikka is recognized for his contributions to the carpet and handicrafts industry, with extensive involvement in promoting modern designs and quality standards globally. This strategic appointment reflects the company's commitment to enhancing its leadership with industry expertise, potentially bolstering its market position and future growth prospects. Shareholders should view this as a positive development as it may bring valuable insights and industry connections to the Board.