Royal Orchid Hotels Limited — Certificate under SEBI (Depositories and Participants) Regulations, 2018

Royal Orchid Hotels Limited has received a crucial compliance certificate from the stock market regulator, SEBI. This document confirms that the company has successfully completed the process of transferring its fully paid-up equity shares to the National Securities Depository Limited (NSDL). Essentially, this means the hotel chain has successfully dematerialized its shares, moving them from physical paper certificates to electronic electronic holdings.

This administrative update is a standard requirement for all listed companies in India. It ensures that the company's shareholding structure is accurate and that the shares are eligible for trading on the stock exchange. For investors, this is a routine procedural milestone that confirms the integrity of the company's shareholding records and ensures smooth market operations.

Investors should view this as a routine compliance update rather than a market-moving event. The certificate does not change the company's financial performance or business prospects. It is a necessary step to maintain good corporate governance and transparency for all shareholders.