Legal4 Sept 2025, 02:01 am
Royal Orchid Hotels Ltd Faces Potential Loss of Rs. 600 Cr in Bengaluru Lease Deal
AI Summary
Royal Orchid Hotels Ltd is facing a potential loss of Rs. 600 Cr due to a lease deal in Bengaluru. A news article regarding this matter was published in Deccan Herald on 30th August 2025. The company later published a rejoinder/clarification on 3rd September 2025 in response to the article. The company is committed to making appropriate disclosures to the Stock Exchanges as per the SEBI LODR Regulations.
Key Highlights
- Royal Orchid Hotels Ltd facing potential loss of Rs. 600 Cr in Bengaluru lease deal
- News article published in Deccan Herald on 30th August 2025
- Company published a rejoinder/clarification on 3rd September 2025
- Company committed to making appropriate disclosures as per SEBI LODR Regulations