Royal Orchid Hotels Limited has disclosed the voting results of its postal ballot (including voting by electronic means) conducted pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The postal ballot was initiated through a notice dated April 02, 2026, and the last day of receipt of postal ballot forms was May 03, 2026. The results were reported to the stock exchanges on May 05, 2026 by Chief Financial Officer Amit Jaiswal. The voting was conducted exclusively through remote e-voting, with votes unblocked on May 03, 2026 at 05:01 PM.

Postal Ballot Overview

The ballot covered two resolutions, with the promoter/promoter group having an interest in both agenda items. The record date for determining eligible shareholders was March 27, 2026, on which date the total number of shareholders stood at 24,889. The scrutinizer for the process was Pradeep B Kulkarni of V Sreedharan and Associates (FCS: 7260; CP No. 7835), appointed at the Board Meeting held on February 14, 2026, who issued his report to the company on May 04, 2026.

Noting a key procedural update, a corrigendum dated April 23, 2026 was issued with respect to the Postal Ballot Notice dated April 02, 2026, pertaining to Item No. 1 relating to the change in designation of Mr. Keshav Baljee. As per the corrigendum, the statement "he shall not be liable to retire by rotation" was corrected to read "he shall be liable to retire by rotation." Additionally, the date of first appointment of Mr. Keshav Baljee was corrected from November 9, 2020 to November 11, 2019. No comments or objections were received from any members in respect of the corrigendum.

Resolution 1: Change in Designation of Mr. Keshav Baljee

The first resolution, classified as a Special resolution, sought approval for the change in designation of Mr. Keshav Baljee (DIN: 00344855) from Non-Executive Director to Whole-Time Director designated as an Executive Director. This resolution was passed successfully. The detailed voting breakdown is presented below.

The resolution was passed with 93.73% of votes polled in favour. Notably, while the promoter and promoter group voted entirely in favour, public institutional shareholders voted predominantly against (96.39%), whereas public non-institutional shareholders voted 68.71% in favour. There were no invalid votes recorded across any category.

Resolution 2: Increase in Remuneration of Mr. Arjun Baljee

The second resolution, classified as an Ordinary resolution, sought approval for increasing the remuneration of Mr. Arjun Baljee, President of the Company, who holds an office/place of profit. This resolution was also passed successfully. The voting details are as follows.

This resolution was passed with 93.73% of votes polled in favour. Similar to Resolution 1, the promoter and promoter group voted unanimously in favour, public institutional shareholders voted 96.39% against, and public non-institutional shareholders voted 64.66% in favour. No invalid votes were recorded in any category for this resolution either.

Key Voting Highlights

• Both resolutions were passed successfully as of May 03, 2026
• Total votes polled across both resolutions: 1,87,85,248 out of 2,74,25,215 shares, representing 68.50% of outstanding shares
• Promoter and promoter group participation rate: 99.91% of their holdings
• Public institutional participation rate: 47.23% of their holdings
• Public non-institutional participation rate: 0.18% of their holdings
• Zero invalid votes recorded across all categories for both resolutions
• Total members who voted through e-voting system: 91

The voting results, along with the scrutinizer's report countersigned by Independent Director Nithyalakshmi Subramanian (DIN: 11183504), have been uploaded on the company's website at www.royalorchidhotels.com , as disclosed in the filing submitted to BSE Limited and National Stock Exchange of India Limited.

Royal Orchid Hotels Limited has issued a corrigendum to its postal ballot notice dated April 02, 2026, addressing critical corrections in the proposed change of designation of Mr. Keshav Baljee from Non-Executive Director to Whole-Time Director. The corrigendum was formally communicated to stock exchanges on April 23, 2026, under Regulation 30 of SEBI (LODR) Regulations 2015.

Key Corrections Made

The primary correction involves adding the retirement clause for Mr. Keshav Baljee (DIN: 00344855) in his new executive capacity. The company inadvertently omitted to state that he shall be liable to retire by rotation upon appointment as Whole-Time Director designated as Executive Director.

Additionally, a typographical error was corrected regarding Mr. Keshav Baljee's date of first appointment on the Board, which was previously stated as 09/11/2020 and has been corrected to 11/11/2019.

Postal Ballot Agenda Items

The postal ballot seeks shareholder approval for two resolutions through remote e-voting:

Special Resolution (Item 1): Change in designation of Mr. Keshav Baljee from Non-Executive Director to Whole-Time Director designated as Executive Director, liable to retire by rotation, with monthly remuneration of ₹10,00,000/- for 5 years, effective February 14, 2026.

Ordinary Resolution (Item 2): Increase in monthly remuneration of Mr. Arjun Baljee, President, from ₹5,00,000/- to ₹7,50,000/-, making his total monthly remuneration from the Company and subsidiary Maruti Comforts & Inn Private Limited ₹10,00,000/- per month, effective February 14, 2026.

Voting Timeline and Process

Stock Exchange Communication

The company formally notified both BSE Limited and National Stock Exchange of India Limited about the corrigendum under Regulation 30 of SEBI (LODR) Regulations 2015. Chief Financial Officer Amit Jaiswal signed the communication on April 23, 2026.

Compliance and Transparency Measures

The corrigendum has been distributed to all shareholders via email on April 23, 2026, and is available on the company's website at www.royalorchidhotels.com , stock exchange websites, and CDSL's e-voting platform. The company emphasized that this corrigendum is purely clarificatory in nature, issued to ensure accuracy and transparency in corporate records, with no changes to other contents except for the specified corrections.

Shareholders who have already voted and have objections to the corrigendum can email the Scrutinizer at pbk@sreedharancs.com . The company maintains its commitment to compliance and transparency for shareholder trust and company growth.