Royal Orchid Hotels Limited — Important, 14-11-2024: General Updates

The Board of Royal Orchid Hotels Limited has approved a calendar of events for conducting a Postal Ballot to seek member approval for the re-appointment of Mr. Ashutosh Chandra and Mr. Rajkumar Thakardas Khatri, as well as the appointment of Mr. Venkata Ramana Murthy Pinisetti as Independent Directors. Key dates include November 15, 2024, as the cut-off date for identifying voting rights, with the postal ballot notice to be dispatched on November 22, 2024. Remote e-voting will begin on November 23, 2024, and conclude on December 22, 2024. The resolution will be deemed passed on the same day, with a report by the scrutinizer due by December 24, 2024. This initiative may strengthen the company’s governance and leadership structure, signaling positive corporate growth moving forward.