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Royal Orchid Hotels board to consider bonus issue

01 Aug 2016 Evaluate

Royal Orchid Hotels has informed that a meeting of the Board of Directors of the Company will be held on August 12, 2016, to consider and approve the Un-Audited Financial Results for the quarter ended June 30, 2016 and to consider the recommendation for issue of bonus shares to the holders Equity Shares of the Company. In this connection, pursuant to the Company’s Code of Conduct framed in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 (the Code), the trading window will be closed from August 04, 2016 to August 15, 2016. The Trading Window will be opened from August 16, 2016.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
The Indian Hotels Co 725.95
ITC Hotels 162.10
Mahindra Holi.&Resor 199.10
EIH 292.70
Chalet Hotels 890.05
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