Oriental Hotels Limited , a prominent player in the hospitality sector, has announced significant changes to its leadership and governance structure following its Annual General Meeting (AGM) held on July 24, 2025. The company has made two key appointments that are expected to enhance its strategic direction and compliance framework.

Appointment of New Independent Director

Mr. Arvind Singh, a seasoned Indian Administrative Service (IAS) officer with over 35 years of experience, has been appointed as an Independent Director of Oriental Hotels for a five-year term commencing July 1, 2025. This appointment was approved by the shareholders at the company's AGM.

Mr. Singh brings a wealth of expertise to the board, particularly in the areas of:

• Infrastructure (Power/Energy & Airports)
• Finance
• Tourism
• Agriculture

His impressive career includes several high-profile positions:

• Secretary of Tourism, Government of India
• Chairman of Airports Authority of India
• Additional Chief Secretary/Principal Secretary, Energy, Government of Maharashtra
• Chairman & MD of Maharashtra State Power Generation Co. Ltd.
• Minister (Economic & Commercial) at the Embassy of India in Tokyo, representing India's Ministry of Finance

Mr. Singh's extensive experience in policy formulation and execution at national, state, and district levels is expected to provide valuable insights to Oriental Hotels as it navigates the evolving hospitality landscape.

New Secretarial Auditor Appointed

In addition to the board-level appointment, Oriental Hotels has also strengthened its corporate governance by appointing M/s. Alagar & Associates LLP as its Secretarial Auditor for a five-year term starting from the financial year 2025-26.

Key details about the new auditor include:

• Over 15 years of experience in secretarial audit services
• Expertise across various sectors including technology, healthcare, manufacturing, and financial services
• A team comprising four full-time partners and 35 members
• Specialized knowledge in corporate laws, FEMA regulations, foreign trade policies, and SEBI regulations

Shareholder Approval and Compliance

Both appointments were approved at the company's 55th Annual General Meeting, which was conducted via video conference. The company has duly informed the stock exchanges about these appointments, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

These strategic appointments underscore Oriental Hotels' commitment to strengthening its corporate governance and bringing diverse expertise to its leadership team. As the hospitality industry continues to evolve, the company appears well-positioned to leverage the extensive experience of its new appointees in navigating future challenges and opportunities.

Oriental Hotels , an associate company of The Indian Hotels Company Ltd, has reported a significant increase in its financial performance for the first quarter of the fiscal year 2025-26.

Strong Financial Growth

The company announced a standalone net profit of Rs 8.71 crore for the April-June quarter, marking a substantial 139% increase from Rs 3.64 crore in the corresponding period last year. This impressive growth in profitability showcases the company's robust financial health and operational efficiency.

Revenue Surge

Oriental Hotels' total income for the quarter witnessed a notable uptick, rising to Rs 107.24 crore from Rs 84.78 crore year-on-year. This 26% growth in revenue indicates strong demand for the company's hospitality services and effective revenue management strategies.

Operational Performance

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for the quarter stood at Rs 25.40 crore, reflecting solid operational performance and cost management.

Management's Perspective

Pramod Ranjan, Managing Director and CEO of Oriental Hotels, attributed the company's strong performance to two key factors:

1. Completion of significant asset upgradations
2. Sustained demand momentum in the hospitality sector

Annual Performance

For the financial year ending March 31, 2025, Oriental Hotels reported:

• Net profit: Rs 44.52 crore
• Total income: Rs 444.63 crore

These figures provide context to the company's overall financial health and growth trajectory.

Portfolio Overview

Oriental Hotels operates a portfolio of seven hotels, including:

• Taj Coromandel Chennai
• Taj Fisherman's Cove Resort and Spa Chennai
• Other properties across South India

Market Disclosure

In compliance with regulatory requirements, Oriental Hotels Ltd has published its financial results in leading newspapers. As per the company's disclosure under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the financial results for the quarter ended June 30, 2025, were advertised in Financial Express (English) and Makkal Kural (Tamil) on July 18, 2025.

The company's commitment to transparency is evident through its prompt disclosure of financial results to stakeholders and the general public.

Oriental Hotels' strong first-quarter performance, coupled with its strategic asset upgrades and the ongoing recovery in the hospitality sector, positions the company well for continued growth in the coming quarters.