Royal Orchid Hotels has received its board’s consent for making reference to the Corporate Debt Restructuring (CDR) Cell for restructuring the debts of the Company under CDR mechanism formulated by Reserve Bank of India, vide circular dated August 23, 2001 as amended from time to time.
Royal Orchid Hotels, is the flagship of the entity of Royal Orchid Group of Hotels, operates 13 business and leisure hotels in six popular destinations. With 17 unique hospitality concepts in the offing, the Royal Orchid Group of Hotels is amongst India’s fastest growing hotel groups.