Royal orchid hotels Limited has officially confirmed to stock exchanges that it does not meet the criteria for classification as a Large Corporate Entity under SEBI regulations. The company filed this intimation with both BSE and NSE on April 10, 2026, in compliance with regulatory requirements.

Regulatory Compliance Details

The confirmation was made in reference to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, and subsequent circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. Royal Orchid Hotels stated that as of March 31, 2026, the company does not meet all three criteria specified in the SEBI circular for Large Corporate Entity classification.

Financial Position and Credit Rating

As part of the mandatory disclosure requirements, the company provided key financial and operational details:

The company's outstanding borrowings of 26.24 crores as of March 31, 2026, represent a key metric in determining Large Corporate Entity status under SEBI guidelines. The maintained credit rating of [ICRA]A- with a Positive outlook from ICRA Limited reflects the company's current financial standing.

Corporate Information

Royal Orchid Hotels Limited, incorporated with CIN L55101KA1986PLC007392, operates from its registered office at Golf Avenue, adjoining KGA Golf Course, HAL Airport Road, Kodihalli, Bangalore. The company is listed on both major Indian stock exchanges with BSE Scrip Code 532699.

Official Confirmation

Chief Financial Officer Amit Jaiswal signed the intimation, formally confirming the company's non-classification as a Large Entity or Corporate under the applicable SEBI criteria. This disclosure ensures compliance with regulatory transparency requirements and provides clarity to investors and stakeholders regarding the company's regulatory status.

The intimation serves as an official record for both stock exchanges and regulatory authorities, confirming Royal Orchid Hotels' current classification status under prevailing SEBI guidelines for corporate entities.

Royal orchid hotels Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI's depositories regulations. The hospitality company filed the mandatory documentation for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company submitted its certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to both BSE Limited and National Stock Exchange of India Limited on April 10, 2026. The filing was signed by Chief Financial Officer Amit Jaiswal, confirming the company's adherence to regulatory protocols.

Registrar Confirmation

Integrated Registry Management Services Private Limited, serving as the company's registrar and share transfer agent, issued the compliance certificate on April 6, 2026. The certificate confirms that securities received from depository participants for dematerialization during the quarter were properly processed and confirmed to depositories.

General Manager S Giridhar signed the confirmation certificate, stating that all dematerialization procedures were completed within regulatory timelines. The registrar confirmed that received certificates were mutilated and cancelled after verification, with depositories' names substituted in the register of members within the mandated 15-day period.

Dematerialization Process Compliance

The certificate validates that Royal Orchid Hotels maintained proper dematerialization procedures throughout the quarter. The registrar confirmed that securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are traded.

The filing represents routine quarterly compliance for publicly listed companies, ensuring transparency in securities handling and maintaining investor confidence in the dematerialization process.