Sayaji Hotels Management Change
Sayaji Hotels Ltd appointed Mr. Seshukumar Chilukuri and Mr. Sandesh Khandelwal as Additional Non-Executive Directors. Simultaneously, Mr. Kayum Razak Dhanani resigned from the Board effective November 3, 2026.
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Sayaji Hotels Ltd appointed Mr. Seshukumar Chilukuri and Mr. Sandesh Khandelwal as Additional Non-Executive Directors. Simultaneously, Mr. Kayum Razak Dhanani resigned from the Board effective November 3, 2026.
Sayaji Hotels Ltd reported revenue from operations of ₹16.5 Cr (-47.9% YoY) and a net loss of ₹7.8 Cr for Q2 FY27.
Sayaji Hotels entered a Hotel Management Agreement to operate a premium hotel at Bilaspur, Chhattisgarh under the ENRISE BY SAYAJI brand. The project spans minimum 70 rooms in Phase 1 and 40 in Phase 2.
Sayaji Hotels Ltd scheduled its Board meeting for November 3, 2026, to approve Q3 and H1 FY27 results. The trading window is closed pending declaration.
Axis Bank has waived off Sayaji Hotels' Rs 50 Crore corporate guarantee for Vicon Imperial. The waiver was confirmed today, October 26, 2026.
Sayaji Hotels Ltd filed its quarterly shareholding pattern for the period ended September 30, 2026. The disclosure confirms the current shareholding structure of the company.
Sayaji Hotels Ltd announced the resignation of Mohammed Yusuf Abdul Razak Dhanani from his position as a Non-Executive Non-Independent Director, effective September 29, 2026.
Sayaji Hotels Limited conducted its 43rd Annual General Meeting on September 4, 2026. Shareholders transacted ordinary business including the adoption of FY26 financial statements and director re-appointment.
Promoter Anisha Raoof Dhanani acquired a total of 2,710 equity shares of Sayaji Hotels Ltd via market purchase, increasing her stake.
Sayaji Hotels Limited signed a management agreement for a new 80-room "Effotel" branded hotel in Bhavnagar, Gujarat. This expansion strengthens the company's presence in Western India.
Sayaji Hotels notified the exchange regarding the dispatch of letters to shareholders whose email addresses are not registered, providing access to the Annual Report.
Sayaji Hotels submitted its Annual Report for FY 2025-26. The company also announced its 43rd Annual General Meeting scheduled for September 4, 2026.
Sayaji Hotels Limited issued the notice for its 43rd Annual General Meeting scheduled for September 4, 2026. The agenda includes adopting financial statements and director re-appointment.
Sayaji Hotels Limited reconstituted its Audit and Stakeholders Relationship Committees following the resignation of Mrs. Suchitra Dhanani. The board noted these changes during its August 2026 meeting.
Sayaji Hotels Ltd reported revenue from operations of ₹20 Cr (-43.7% YoY) and net profit of ₹0.3 Cr for Q1 FY27.
Sayaji Hotels has scheduled a board meeting for August 6, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.
Sayaji Hotels Ltd announced voting results for its postal ballot concluded July 30, 2026. Members passed all three resolutions regarding financial assistance limits and director remuneration.
Sayaji Hotels received a Consumer Disputes Redressal Commission order directing total payments of ₹0.0268 Crore. The impact is stated as non-material.
Sayaji Hotels entered a management agreement for a new 108-room hotel in Varanasi under its 'Effotel' brand. This expands its footprint in northern India.
Sayaji Hotels Ltd issued a postal ballot notice. Members will vote on financial assistance limits up to ₹150 Crore and promoter remuneration.
Sayaji Hotels provided a ₹50 Crore corporate guarantee to Axis Bank. The guarantee secures a term loan for group company VICON Imperial (I) Private Limited.
Mrs. Suchitra Dhanani has resigned as Whole-time Director of Sayaji Hotels and its subsidiary. The resignation is effective June 25, 2026.
Sayaji Hotels terminated its management agreement with Wonder Leopard Retreat for a Rajasthan-based hotel property. Management confirmed the termination has no significant impact on the company's net worth.
Sayaji Hotels entered a management agreement for a new 20-room property in Tadoba, Maharashtra. The expansion strengthens the company's brand presence in key Indian markets.
Sayaji Hotels Limited amended its insider trading code of conduct and fair disclosure practices. These regulatory updates are available on the company website for shareholder review.
Sayaji Hotels approved a 26% equity investment in Avanir Wellness Resorts Private Limited. The SPV will develop an Iconic Wellness Centre under an NRANVP tender allotment.
Sayaji Hotels Ltd appointed Internal Auditors for various units for FY 2026-27. These appointments ensure statutory compliance and internal control oversight across corporate and regional units.
Sayaji Hotels Ltd reported revenue from operations of ₹37.6 Cr (-5.3% YoY) and net profit of ₹6.1 Cr for Q4 FY26.
Sayaji Hotels Ltd reported consolidated annual revenue of ₹153.21 Crore for FY26. The board also approved internal auditor appointments and updated various company policies.
Sayaji Hotels signed a management agreement for a 63-room 4-star property in Nashik. This expansion strengthens its 'Effotel' brand presence in Maharashtra.