Oriental Hotels Limited has clarified that the record date for determining shareholder eligibility for the final dividend is Thursday, July 23, 2026. The company corrected an earlier intimation that had erroneously stated the date as Wednesday, July 22, 2026. Shareholders whose names appear in the Register of Members or as Beneficial Owners on July 23, 2026, will be entitled to the dividend if approved at the upcoming Annual General Meeting (AGM).

The 56th AGM is scheduled for Thursday, July 30, 2026, at 11:00 a.m. IST via video conferencing. The meeting seeks shareholder approval for a final dividend of ₹0.65 per equity share of ₹1 each (65%) for the financial year ended March 31, 2026. If approved, the dividend will be paid on or after Thursday, August 06, 2026, subject to tax deduction at source.

The board proposes the appointment of Mr. Venkatesh Rajagopal and Mr. Suraj Krishna Moraje as independent directors for a term of five years commencing May 05, 2026. Additionally, the agenda includes the re-appointment of Mr. Ankur Dalwani, a director retiring by rotation, and the approval of material related party transactions with promoter The Indian Hotels Company Limited (IHCL).

Shareholders will vote on 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.

Key AGM Details

Proposed Related Party Transactions

Oriental Hotels Limited has fixed Thursday, July 23, 2026, as the record date to determine members entitled to receive the final dividend of ₹0.65 per equity share for the financial year ended March 31, 2026. The dividend, if declared at the upcoming Annual General Meeting (AGM), will be paid electronically on or from August 6, 2026, subject to tax deduction at source. The 56th AGM is scheduled for Thursday, July 30, 2026, at 11:00 a.m. (IST) via Video Conferencing and Other Audio Visual Means.

The company has dispensed with sending physical copies of the Annual Report in compliance with Ministry of Corporate Affairs circulars. Instead, the notice and report will be sent electronically to members whose email addresses are registered with the company, Registrar and Transfer Agents, or depositories. Members attending the meeting through VC/OAVM will be counted for quorum purposes under Section 103 of the Companies Act, 2013.

Shareholders are requested to register their email addresses by 5:00 p.m. on Saturday, July 18, 2026, to receive the AGM notice and remote e-voting credentials. The company has engaged National Securities Depository Limited to provide remote e-voting facilities before and during the AGM. Detailed instructions for the same will be provided in the notice.

Dividend and Compliance Details

Pursuant to SEBI directives effective November 18, 2025, dividend payments will be processed only via electronic mode, discontinuing dividend warrants or cheques. Shareholders holding shares in physical form must ensure their folios are KYC compliant—specifically that PAN, contact details, bank account details, and specimen signatures are registered with the company or RTA—to receive dividends. For shares held in electronic form, bank details furnished by the Depository Participant will be used for remittance.

To ensure compliance with Tax Deducted at Source (TDS) requirements under the Income Tax Act, 2025, members are requested to update their residential status, PAN, and category with their depositories or the company/RTA by Saturday, July 18, 2026. This will enable the company to determine and deduct the appropriate TDS or withholding tax rate.