Royal Orchid Hotels Limited
Royal Orchid & Regenta Hotels is one of India's fastest-growing hospitality brands, managing a portfolio of 3920+ Guest rooms across 58 hotels & resorts across 38 cities across the country. . It was founded in 2001 by industry veteran Mr. Chander K Baljee, and is a renowned and trusted brand with a growth plan to reach 100 hotels by 2023.
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Royal Orchid Hotels (ROHL) has finalized the sale of its wholly-owned subsidiary, Multi Hotels Limited, to M/s Greenleaf Properties Limited for USD 3,412,500. The company received the final payment, completing the transaction and ceasing Multi Hotels Limited's subsidiary status. **Issue:** Sale of a non-operational subsidiary. **Possible Impact:** This strategic divestment...
Promoter group Harsha Farms Pvt Ltd acquired 4,280 equity shares of Royal Orchid Hotels via an open market purchase worth Rs. 0.17 Cr. This increases their stake from 1.77% to 1.78%, signaling continued confidence.
Royal Orchid Hotels' promoter group, Harsha Farms, acquired 20,710 shares for Rs 0.80 Cr via open market. This purchase raises their ownership from 1.69% to 1.77%, signaling enhanced promoter confidence.
Royal Orchid Hotels' promoter group entity, Harsha Farms, acquired 2,397 shares for Rs. 0.10 Cr via an open market transaction. This small insider buying increases their stake from 1.68% to 1.69%.
Royal Orchid Hotels' promoter group entity, Harsha Farms, acquired 19,601 shares through an open market purchase worth ~Rs. 0.82 Cr. This transaction increased their stake in the company from 1.61% to 1.68%.