Royal Orchid Hotels Limited — Others, 08-04-2025: Shareholders meeting

Royal Orchid Hotels has announced a board meeting to seek shareholder approval via a postal ballot for the appointment of Mrs. Sunita Baljee as a Non-Executive Women Director, subject to her retirement by rotation. The postal ballot will allow shareholders to vote electronically, with e-voting commencing on April 9, 2025, and concluding on May 8, 2025. This move stems from the company's commitment to uphold compliance and enhance gender diversity in leadership. Investors might view this as a positive step towards governance improvement, potentially boosting confidence in the management's strategy.