Royal Orchid Hotels Limited — Others, 12-08-2025: Shareholders meeting

Royal Orchid Hotels seeks approval for two proposals by postal ballot. First, Mr. Sunil Sikka's appointment as a Non-Executive Director. His promoter ties and local expertise are vital for property expansion. Second, a revision to Managing Director Mr. Chander K. Baljee's remuneration, unchanged for six years. The proposed increase, benchmarked against peers, includes a 10% fixed pay rise, 2% net profit commission, and up to 8% annual increment. Under his leadership, properties grew from 54 to over 117. Revenues surged from 219.20 Cr to 343.20 Cr, and market cap from 316.21 Cr to 1070.27 Cr. This adjustment from his current 2.78 Cr aligns pay with industry standards for his pivotal growth contributions.