Royal Orchid Hotels Limited declared a final dividend of ₹2.50 per equity share for the financial year ended March 31, 2026, during its 40th Annual General Meeting (AGM) held on September 26, 2026.

The meeting, conducted via video conferencing, saw shareholders adopt the audited standalone and consolidated financial statements for FY26. The Board also approved the reappointment of directors and addressed an audit qualification noted in the statutory report.

Key resolutions passed

Shareholders voted on four agenda items, all requiring ordinary or special resolutions. The key outcomes included:

• Adoption of audited standalone and consolidated financial statements for FY26.
• Declaration of a final dividend of ₹2.50 per equity share.
• Reappointment of Sunita Baljee as director retiring by rotation.
• Reappointment of Venkata Ramana Murthy Pinisetti as Independent Director for a second term via special resolution.

Audit qualification highlighted

The Statutory Auditor’s Report contained one audit qualification. Amit Jaiswal, Chief Financial Officer, briefed members on the nature of this qualification during the proceedings. The Chairman, Chander K. Baljee, stated that the requisite quorum was present and that all Directors and Auditors attended the meeting.

Voting and scrutiny process

Pradeep B Kulkarni, Practicing Company Secretary, was appointed as the Scrutinizer to conduct the remote e-voting process and voting at the AGM. The Scrutinizer’s Report and consolidated voting results are scheduled to be uploaded on the company’s website and stock exchange platforms within two working days from the conclusion of the AGM.

Royal Orchid Hotels Ltd has launched Regenta Place, Golden Castle, Baddi, a 43-key hotel in Himachal Pradesh. The property strengthens the group's presence in North India's key industrial and pharmaceutical hubs.

The new hotel operates through subsidiary Regenta Hotels Private Limited. It is strategically located on Kalka-Baddi Road (NH-105), approximately 2 km from Baddi Bus Stand, 27 km from Chandigarh Railway Station, and 50 km from Chandigarh Airport. This location provides convenient access to Baddi's industrial belt and surrounding regions.

Property features and amenities

Regenta Place, Golden Castle, Baddi offers contemporary accommodation designed for business and leisure travellers. The property combines comfortable rooms with versatile event spaces and wellness facilities. Key amenities include:

• 43 well-appointed rooms across Suite, Super Deluxe, Deluxe, and Executive categories
• PINXX, a multi-cuisine restaurant serving Indian, Chinese, and Continental cuisine
• Sky Bar and Lounge, an open terrace bar and restaurant
• Two banquet halls and a meeting room for corporate events, weddings, and conferences
• Approximately 12,000 sq ft expansive lawn for outdoor celebrations
• Swimming pool and spa for leisure and relaxation
• 24-hour in-room dining and high-speed Wi-Fi connectivity

Strategic expansion in North India

Chander K. Baljee, Chairman & Managing Director, stated that the presence of Regenta Place, Golden Castle, Baddi is an important milestone in continued expansion across key industrial destinations. He noted that Baddi’s status as a major pharmaceutical and industrial hub makes it a strategic market for the business traveller segment.

Keshav Baljee, Whole Time Director, added that Baddi’s position creates consistent demand for quality hospitality. The property reinforces the strategy to establish a reliable presence in important regional centres across North India.

What the numbers show

The launch highlights a focused growth strategy targeting specific industrial clusters rather than broad geographic expansion. With only 43 keys, the property represents a niche addition to the portfolio of over 125 hotels operated by Royal Orchid and Regenta brands. The emphasis on event spaces, including two banquet halls and a 12,000 sq ft lawn, suggests a dual revenue model catering to both transient corporate stays and high-value social gatherings such as weddings.