IHCL Group Stock Oriental Hotels In Focus: Board Declares Record Date For 50% Dividend; Time To Buy?

A division of The Indian Hotels Company Limited (IHCL) is Oriental Hotels Limited. The firm owns seven hotels, including Chennai's Taj Coromandel. In Chennai, the Taj Fisherman's Cove Resort & Spa Vivanta Coimbatore, Vivanta Mangalore, Taj Malabar Resort & Spa, Gateway Madurai, and Gateway Coonoor are all located in Cochin. The Board has announced the record date for the impending 50% dividend of Oriental Hotels, a small-cap company with a market value of around Rs 870 Cr. Let's hear the opinions of analysts on the stock.

Oriental Hotels Dividend

"The Company has fixed Thursday, July 17, 2025 as the 'Record Date' for determining entitlement of Members to final dividend for the financial year ended March 31, 2025, if approved at the AGM. The dividend of Rs 0.50 per equity share of Rs 1 each (50%), if approved at the AGM, will be paid subject to deduction of tax at source (TDS) on or after Thursday, July 31, 2025 by way of electronic mode as under: a) For shares held in electronic form: To all the Beneficial Owners as of close of the business hours on Thursday, July 17, 2025 as per the list of beneficial owners made available by the Depositories; and b) For shares held in physical form: To all Members whose names appear in the Company's Register of Members, after giving effect to valid transmission and transposition in respect of valid requests lodged with the Company latest by the close of business hours on Thursday, July 17, 2025," said Oriental Hotels in its annual report for FY25.

How To Be Eligible For Oriental Hotels Dividend?

To be eligible to receive the final dividend of Rs 0.50 per equity share (50%) for the financial year ended March 31, 2025, shareholders must ensure their names are recorded by the Record Date, which has been fixed as Thursday, July 17, 2025, by Oriental Hotels Limited. This means investors need to hold the shares before the market closes on July 17, 2025 to be entitled to the dividend, provided it is approved at the upcoming Annual General Meeting (AGM).

For shares held in demat (electronic) form, the dividend will be paid to all Beneficial Owners as per the list furnished by the depositories as of the record date. For those holding shares in physical form, the dividend will be payable to members whose names appear in the company's Register of Members, including any valid transmission or transposition requests processed by the end of business hours on July 17, 2025. Subject to tax deduction at source (TDS), the dividend will be disbursed via electronic mode on or after Thursday, July 31, 2025, as stated in the company's FY25 Annual Report.

Oriental Hotels Share Price Target

"Oriental Hotels is holding firm above ₹148 support. Resistance is at ₹160, and a breakout above this could push the stock toward ₹170. The chart is showing consolidation with a bullish bias. Traders may consider buying on dips near ₹150-₹152 with a stop-loss at ₹147, targeting ₹165-₹170 on the upside," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.