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Royal Orchid Hotels Discloses Promoter Group Share Acquisition and Regulatory Filings

Story Highlights
  • Royal Orchid Hotels reported that promoter-group entity Harsha Farms acquired additional company shares.
  • The share acquisition triggered SEBI disclosure requirements, highlighting changes in promoter shareholding and regulatory compliance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Royal Orchid Hotels Discloses Promoter Group Share Acquisition and Regulatory Filings

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Royal Orchid Hotels Limited ( (IN:ROHLTD) ) has issued an update.

Royal Orchid Hotels Limited has notified the stock exchanges that Harsha Farms Private Limited, a member of its promoter group, has submitted regulatory disclosures related to an acquisition of shares in the company. The filing comprises mandatory intimations under the SEBI Prohibition of Insider Trading Regulations and SEBI Substantial Acquisition of Shares and Takeovers Regulations, indicating a change in promoter group shareholding that is significant enough to trigger formal reporting requirements, and underscoring ongoing compliance with securities market norms for transparency toward investors and regulators.

More about Royal Orchid Hotels Limited

Royal Orchid Hotels Limited operates in the hospitality industry, managing and owning hotels and related assets, with a focus on the Indian market. The company serves business and leisure travelers through a portfolio of properties and is listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) under the symbol ROHLTD.

Average Trading Volume: 4,445

Technical Sentiment Signal: Hold

Current Market Cap: 10.44B INR

See more data about ROHLTD stock on TipRanks’ Stock Analysis page.

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