Oriental Hotels Limited has fixed Thursday, July 23, 2026, as the record date to determine shareholder eligibility for the final dividend of ₹0.65 per equity share of ₹1 each (65%) for the financial year ended March 31, 2026. The dividend, if approved at the upcoming Annual General Meeting (AGM), will be paid on or after Thursday, August 06, 2026, subject to tax deduction at source. The record date correction follows an earlier intimation that had erroneously stated the date as July 22, 2026.

The 56th AGM is scheduled for Thursday, July 30, 2026, at 11:00 a.m. IST via video conferencing. Shareholders will vote on the re-appointment of Mr. Ankur Dalwani, a director retiring by rotation, and the appointment of Mr. Venkatesh Rajagopal and Mr. Suraj Krishna Moraje as independent directors for a term of five years commencing May 05, 2026. The board also seeks approval for material related party transactions with promoter The Indian Hotels Company Limited (IHCL).

A key agenda item involves entering into new Hotel Management Agreements (HMAs) with IHCL for a 20-year term effective August 1, 2026. The estimated value of these transactions for FY 2026-27 is ₹10,230 lakhs, exceeding the materiality threshold of 10% of the company's consolidated turnover. The transactions cover operating and management fees, loyalty programmes, deputed staff salaries, and other operational services.

Key AGM Details

Proposed Related Party Transactions

Oriental Hotels Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26 to the stock exchanges. The filing details the company's performance on environmental, social, and governance parameters across its 7 hotels. The report highlights that the company sources more than 71% of its total electricity consumption from renewable resources and has achieved EarthCheck certification for all seven properties, with six attaining Platinum status.

The company reported a total workforce of 972 individuals, comprising 314 permanent employees and 658 workers. The gender diversity data shows that women constitute 18.47% of the permanent workforce and 20.67% of the total workforce. The report also notes that 9 differently abled individuals are employed across the organization. The turnover rate for permanent employees stood at 12% for the current financial year.

Environmental Performance

Oriental Hotels disclosed its energy and water consumption figures for the financial year. The total energy consumed was 1,25,450.84 GJ, with 57,455.08 GJ sourced from renewable avenues. Water withdrawal totalled 4,32,771.96 kilolitres, while water consumption was reported at 4,14,216.02 kilolitres. The company has initiated a phased implementation of Zero Liquid Discharge (ZLD) with a current recycling rate exceeding 50%, aiming for 100% by 2030.

Waste Management and Emissions

The company generated a total of 1,014.57 metric tonnes of waste during the year. Of this, 723.98 metric tonnes were recovered through recycling, reusing, or other recovery operations, while 286.75 metric tonnes were disposed of via landfilling or other methods. Total greenhouse gas emissions (Scope 1 and Scope 2) were reported at 8,344.98 tCO2e. The intensity of these emissions was recorded at 0.020 tCO2e per guest night.

Key Environmental Metrics

Governance and Compliance

The report confirms that the Corporate Social Responsibility Committee of the Board oversees sustainability-related issues. The company stated that no fines or penalties were imposed on it or its Key Managerial Personnel (KMPs) during the financial year. Additionally, the report indicates that 29.13% of inputs were sourced sustainably by value. The company maintains a whistleblower policy and an independent third-party ethics helpline, Integrity Matters, for stakeholder grievances.