Royal Orchid Hotels Limited — Others, 22-11-2024: Shareholders meeting

Royal Orchid Hotels Limited has dispatched a Postal Ballot Notice to its shareholders seeking approval for several resolutions, including the re-appointment of Mr. Rajkumar Thakardas Khatri and Mr. Ashutosh Chandra as Independent Directors for a second term, and the appointment of Mr. Venkata Ramana Murthy Pinisetti as an Independent Director. Voting on these matters will occur from November 23 to December 22, 2024, with results expected by December 24, 2024. This motion could bolster governance by retaining experienced directors, fostering stability and positive sentiment among investors, thanks to the board's commitment to enhancing oversight and expertise.