Ricky Kirpalani Discloses Shareholding in Royal Orchid Hotels

Ricky Kirpalani and Persons Acting in Concert (PACs) have filed a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, with the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The filing details their shareholding in Royal Orchid Hotels Ltd. The disclosure indicates a holding of 13,78,457 shares, representing 5.03% of the total share capital, acquired through open market transactions between September 4, 2023, and July 20, 2026. The total equity share capital of the company post-acquisition is Rs. 2,74,252,150.