Royal Orchid Hotels (NSE:ROHLTD, BOM:532699) signed new property in Khatoo (Sikar) in Rajasthan, India to set up a hotel named Anantam Hotel & Resort, according to a Tuesday filing to the stock exchanges.
The 120-key hotel will be spread across 7,000 square feet with 25,000 square feet green lawn.
The hotel is scheduled to open in the first week of February.
Shares of the company were up 2% in recent trade.
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