Securities Appellate Tribunal

Royal Orchid Hotels Limited & Others vs SEBI on 25 September 2026

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BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

Date : 25.09.2026

Appeal No. 629 of 2024

[Along with Misc. Applications Nos. 48, 36 and 1189 of 2025

And Misc. Application No. 11 of 2026]

Royal Orchid Hotels Limited & Ors.

…Appellants

Versus

Securities and Exchange Board of India

…Respondent

Mr. Mustafa Doctor, Senior Advocate with Mr. Tomu Francis, Ms. Zarnaab Aswad and Mr. Apoorva Upadhyay, Advocates i/b Khaitan & Co. for the Appellants.

Mr. Chetan Kapadia, Senior Advocate with Ms. Pooja Gera and Ms. Prapti Kedia, Advocates i/b Agama Law Associates for the Respondent.

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ORDER:

Part heard. Call for further hearing on 28.09.2026 at 03:30 p.m.

Justice P.S. Dinesh Kumar

Presiding Officer

Ms. Meera Swarup Technical Member

Dr. Dheeraj Bhatnagar Technical Member 25.09.2026 msb MADHUKAR BHALBAR Digitally signed by MADHUKAR BHALBAR Date: 2026.09.28 11:49:26 +05'30'

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