Royal Orchid Hotels Ltd has expanded its Iconiqa Collection through a subsidiary by signing a revenue-sharing agreement for the Laxminarayan Palace Resort in Vadodara. The agreement, signed by Royal Orchid Goa Private Limited, marks the addition of a palace-inspired urban resort to the company's curated portfolio of upscale hotels. This move reinforces Royal Orchid's asset-light growth strategy by integrating a property distinguished by its individuality and sense of place.

The Laxminarayan Palace Resort features 106 rooms and suites distributed across a Palace Wing and a Heritage Wing. The accommodations are designed with hand-crafted Thikri artwork, intricately carved woodwork, and authentic antiquities. The property offers amenities including high-speed Wi-Fi, smart entertainment systems, premium bath amenities, and a freshwater swimming pool.

The resort is positioned as a destination for weddings and celebrations, offering six indoor venues, courtyards, landscaped lawns, and a ballroom. Its culinary offerings include Mayur Pankh, serving royal Indian cuisine; Cafe Nirvaan, an all-day dining café; and Little Italy, a vegetarian Italian restaurant.

Leadership Perspective

Chander K. Baljee, Chairman & Managing Director of Royal Orchid Hotels Ltd., stated that the Iconiqa Collection represents a vision of bringing together exceptional hotels known for their individuality. He noted that the resort's palace-inspired architecture and connection to Vadodara's cultural identity make it a significant addition to the portfolio.

Arjun Baljee, President of Royal Orchid Hotels Ltd., emphasized that properties in the Iconiqa Collection are chosen for their distinctive character. He highlighted the resort's unique architecture and event infrastructure as factors that will redefine hospitality in Vadodara.

Royal Orchid Hotels Ltd will engage with investors and analysts in a virtual meeting scheduled for July 9, 2026. The interaction, organized through its investor relations firm Kaptify Consulting, aims to discuss business performance based on publicly available information. The company confirmed that no unpublished price sensitive information will be disclosed during these sessions.

The meeting is scheduled to take place between 10:00 am and 06:00 pm. It will be conducted in both group and one-on-one formats via virtual mode. This initiative is pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Schedule of Meetings

The following table outlines the details of the upcoming interaction:

The company noted that the meeting may be cancelled, rescheduled, or postponed due to unavoidable exigencies. Padmini V Krupanidhi, Company Secretary & Compliance Officer, signed the intimation on July 6, 2026.