Royal Orchid Hotels has announced the signing of a new upscale hotel in Gwalior, Madhya Pradesh, strengthening its Central India portfolio. The property, to be operated as Regenta Gwalior under a management agreement, will be strategically located near Gwalior Airport and represents the company's second property in the city.

Strategic Expansion in Central India

This signing marks Royal Orchid Hotels' third hotel in the Madhya Pradesh region and reinforces the group's asset-light growth strategy. The company continues to expand across emerging business and leisure destinations in Central India, targeting high-potential markets with growing hospitality demand.

Phased Development Plan

The upcoming Regenta Gwalior will open in two planned phases to maximize market penetration and operational efficiency.

Strategic Location Advantages

The property's proximity to Gwalior Airport, key industrial zones, and major landmarks including Gwalior Fort and city temples positions it as an ideal choice for business travelers, transit guests, and tourists. The location serves the growing demand from multiple traveler segments exploring Gwalior's rich cultural and historical landscape.

Management Commentary

Chander K. Baljee, Chairman Managing Director of Royal Orchid Hotels, stated: "Gwalior is an important cultural and economic centre, witnessing rising demand for quality hospitality. Signing Regenta Gwalior aligns with our commitment to expand in high-potential markets across India. We are confident that this new property will offer exceptional value and become a preferred address for travelers arriving in the region."

Hoshiyar Singh Tomar, Owner of Oakwood Hotel Pvt. Ltd., commented: "We are delighted to collaborate with Royal Orchid Hotels to bring the renowned Regenta experience to Gwalior. With its strategic location and thoughtfully planned phases, this property will redefine hospitality standards in the city."

Company Portfolio

Royal Orchid Hotels currently operates 119 hotels across India, primarily focusing on 5-star, 4-star properties and resorts. The Regenta brand serves as an extension of the Royal Orchid Hotel Group, designed to cater to travelers who value both convenience and affordability through various categories including Regenta, Regenta Central, Regenta Resort, Regenta Place, and Regenta Inn.

Royal Orchid Hotels Limited has successfully completed its postal ballot process, with shareholders approving the appointment of two independent directors to strengthen the company's board composition. The voting results were disclosed on December 22, 2025, in compliance with regulatory requirements.

Postal Ballot Overview

The postal ballot was conducted based on the notice dated November 18, 2025, with the last day for receipt of postal ballot forms being December 21, 2025. The process covered shareholders as of the record date of November 14, 2025, encompassing a total of 25,492 shareholders.

Director Appointments Approved

Shareholders approved two special resolutions for the appointment of independent directors, both receiving overwhelming support from the voting community.

Appointment of Mr. Rakesh Mehta

The first resolution concerned the appointment of Mr. Rakesh Mehta (DIN: 00002676) as an independent director. The voting results demonstrated strong shareholder confidence:

Appointment of Ms. Nithyalakshmi Subramanian

The second resolution approved the appointment of Ms. Nithyalakshmi Subramanian (DIN: 11183504) as an independent woman director, reflecting the company's commitment to board diversity:

Voting Process Details

The postal ballot was conducted primarily through electronic voting (e-voting), with no physical polling or postal ballot submissions recorded. The process was overseen by CS Pradeep B Kulkarni from V S Reedhar and Associates, who was appointed as scrutinizer during the board meeting held on November 12, 2025.

Both resolutions were classified as special resolutions, and the promoter and promoter group confirmed they had no specific interest in either agenda item. The company has uploaded the detailed voting results on its official website at www.royalorchidhotels.com , ensuring transparency and compliance with regulatory disclosure requirements.

Regulatory Compliance

The postal ballot process was conducted in accordance with Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Royal Orchid Hotels Limited has duly informed both BSE Limited and National Stock Exchange of India Limited about the voting outcomes, maintaining its commitment to regulatory compliance and shareholder transparency.

Both resolutions for the appointment of Rakesh Mehta and Nithyalakshmi Subramanian as independent directors have passed with over 99% approval from shareholders. This outcome reinforces the company's dedication to strengthening its board composition and enhancing corporate governance practices.