Royal Orchid Hotels Ltd. has informed that the Board, in its meeting held on February 18, 2017 has approved for an interim dividend of 10% that is at the rate of INR 1 (Rupee One only) per fully paid up equity share of face value INR 10 each for the financial year 2016-17. The Board of Directors has fixed March 01, 2017 as the record date for ascertaining entitlement for the payment of interim dividend. The tentative payout date would be on or before March 06, 2017.