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Royal Orchids to add 12 hotels annually; debt at Rs 154cr

Royal Orchid Hotels‘ board today gave the green signal for a debt restructuring for the company‘s Rs 154 crore debt. The stock was up Rs 2.50, or 5.79% at Rs 45.70. It touched an intraday high of Rs 47.35.

first published: Jan 2, 2013 04:26 pm

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