Royal Orchid Hotels Discloses Promoter Group Share Acquisition
Filing Summary
Royal Orchid Hotels Ltd has disclosed a share acquisition by Harsha Farms Pvt Ltd, a member of its promoter group. The acquisition involves 20,710 shares, increasing Harsha Farms’ holding to 484,740 shares, representing 1.77% of the total share capital. The transaction was conducted on December 17, 2025, through the open market. This disclosure complies with SEBI regulations on insider trading and substantial acquisition of shares. The company’s total equity share capital remains unchanged at 27,425,215 shares. The filing was submitted to both BSE and NSE.
Royal Orchid Hotels Ltd has submitted a disclosure regarding a share acquisition by Harsha Farms Pvt Ltd, a member of its promoter group. The disclosure was made under Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction involved the purchase of 20,710 shares, executed on December 17, 2025, through the open market.
Prior to the acquisition, Harsha Farms Pvt Ltd held 464,030 shares, representing 1.69% of the total share capital of Royal Orchid Hotels. Following the acquisition, their holding increased to 484,740 shares, which constitutes 1.77% of the company’s total share capital. The transaction was valued at approximately Rs. 79,98,046. The company’s total equity share capital remains at 27,425,215 equity shares of Rs. 10 each.
The acquisition was conducted on the National Stock Exchange (NSE) and was part of the promoter group’s strategy to consolidate its shareholding in the company. The filing did not indicate any change in the overall share capital or voting rights of Royal Orchid Hotels, as the acquisition was a market transaction.
The disclosure was made to comply with the SEBI regulations that mandate continual disclosure of changes in shareholding by promoters and members of the promoter group. The filing was submitted to both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) for record-keeping and regulatory compliance.
Harsha Farms Pvt Ltd is part of the promoter group of Royal Orchid Hotels, which includes other entities and individuals such as Mr. Chander K Baljee, M/s Baljees Hotels And Real Estate Pvt Ltd, M/s Hotel Stay Longer Pvt Ltd, Mrs. Sunita Baljee, Mr. Sunil Sikka, Mr. Keshav Baljee, and Mr. Arjun Baljee. The promoter group collectively holds a significant stake in the company, and this transaction is part of their ongoing investment activities.
Royal Orchid Hotels Ltd is a prominent player in the hospitality sector, operating a chain of hotels across India. The company focuses on expanding its presence in key markets and enhancing its service offerings. The acquisition by Harsha Farms Pvt Ltd aligns with the promoter group’s commitment to maintaining a substantial stake in the company, ensuring alignment with its strategic objectives.