Oriental Hotels promoter confirms no share encumbrance in FY26

0 min read Updated on 12 Jun 2026, 05:21 AM

Reviewed by

Naman SScanX News Team

AI Summary

The Indian Hotels Company Limited, promoter of Oriental Hotels Limited, declared no encumbrance on shares held by it or persons acting in concert during FY26. The disclosure complies with Regulation 31(4) of SEBI SAST Regulations, 2011.

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The Indian Hotels Company Limited, the promoter of Oriental Hotels Limited , has confirmed that it and persons acting in concert have not created any encumbrance on equity shares during the financial year 2025-26. The disclosure, submitted to the National Stock Exchange of India Ltd. and BSE Ltd., confirms that no shares were encumbered directly or indirectly during the financial year ended March 31, 2026.

The declaration was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose details regarding any encumbrance of shares held by them or by persons acting in concert. The filing serves to affirm the status of shareholding for the specified period.

The letter, addressed to the Listing Departments of both exchanges and the Audit Committee of Oriental Hotels Limited, was signed by Melisa Alva, Senior Vice President & Company Secretary of The Indian Hotels Company Limited. The promoter requested that the exchanges take the declaration on record.

Historical Stock Returns for Oriental Hotels

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.30%	+17.29%	+47.72%	+38.20%	-7.06%	+266.10%

How might this clean encumbrance status impact The Indian Hotels Company's ability to raise capital or secure financing in the future?

Could this declaration signal potential strategic moves, such as mergers, acquisitions, or stake sales, by the promoter?

What does this disclosure suggest about the financial health and leverage of the promoter group in the current economic climate?

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Oriental Hotels Director Retires May 23

1 min read Updated on 23 May 2026, 01:50 AM

Reviewed by

Riya DScanX News Team

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AI Summary

Oriental Hotels Independent Director Mr. Moiz Mohsin Miyajiwala retires on May 23, 2026, upon attaining 75 years. The company disclosed this to stock exchanges on May 22, 2026, under Regulation 30.

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Oriental Hotels has announced the retirement of Mr. Moiz Mohsin Miyajiwala from its board. The director will step down from his position as an Independent Director with effect from the close of business hours on May 23, 2026. This decision comes as Mr. Miyajiwala attains the age of 75 years.

The company submitted the necessary disclosure to the stock exchanges on May 22, 2026, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was addressed to the Listing Departments of both the National Stock Exchange of India Ltd. and BSE Ltd.

Details of the Change

The disclosure provided specific details regarding the director's exit. The reason for the change was explicitly stated as retirement due to age. The company confirmed that the requisite disclosures pursuant to Schedule III of the Listing Regulations were enclosed with the communication.

Director Information

The following table summarizes the key particulars disclosed regarding the change in the board composition:

S. No.	Particulars	Details
1	Name of the Director/Auditor	Mr. Moiz Mohsin Miyajiwala
2	Reason for change	Retirement as an Independent Director with effect from end of business hours of May 23, 2026, upon attaining the age of 75 years.
3	Date of Appointment and Term of re-appointment	NA
4	Brief profile	NA
5	Disclosure of relationship between Directors	NA

The communication was signed by S. Akila, Company Secretary of Oriental Hotels Limited. The company has requested the exchanges to take the disclosure on record.

Historical Stock Returns for Oriental Hotels

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.30%	+17.29%	+47.72%	+38.20%	-7.06%	+266.10%

Who is Oriental Hotels likely to appoint as a replacement Independent Director, and what expertise profile will the company prioritize to strengthen its board composition?

How might the departure of Mr. Miyajiwala affect the independence and quorum requirements of Oriental Hotels' board committees, particularly the Audit and Nomination & Remuneration committees?

Will Oriental Hotels need to fast-track a new Independent Director appointment to comply with SEBI's minimum board independence requirements, and what is the regulatory timeline for such compliance?