Century 21 Officespace Private Limited reduced its stake in Sayaji Hotels (Indore) Limited by disposing of 8,163 equity shares on August 17, 2026. The transaction, executed via the open market, represents a 0.27% reduction in the total voting capital of the target company.

The seller, identified as a promoter group entity, held 9,24,433 shares (30.34%) prior to the disposal. Following the sale, its holding stands at 9,16,270 shares, equating to a 30.07% stake. The filing confirms that neither the initial nor the final holdings include any encumbered shares, warrants, or other convertible securities.

Transaction Details

The disposal was reported under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Key parameters of the transaction are outlined below:

Sayaji Hotels (Indore) Limited has a total equity share capital of ₹3,04,66,050, comprising 30,46,605 equity shares with a face value of ₹10 each. This capital structure remained unchanged following the transaction.

What the Numbers Show

The disposal is a marginal reduction in promoter ownership, keeping the stake well above the 25% threshold typically associated with significant control changes under Indian takeover regulations. With no encumbrances reported on the remaining shares, the promoter group retains a clean title over its residual holding.

Promoter Century 21 Officespace Private Limited reduced its stake in Sayaji Hotels (Indore) Limited by selling 18,471 equity shares via the open market on August 19, 2026. The disposal represents a 0.606% reduction in voting rights relative to the company’s total share capital.

The sale brings Century 21’s total holding to 8,80,301 shares, equivalent to 28.89% of the total diluted voting capital. Prior to the transaction, the promoter held 8,98,772 shares, representing a 29.50% stake. The company’s total equity share capital remains unchanged at ₹3,04,66,050, comprising 30,46,605 equity shares with a face value of ₹10 each.

Transaction Details

The disposal was executed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Century 21 confirmed that no shares were encumbered, pledged, or subject to non-disposal undertakings at the time of the sale. Similarly, no warrants or convertible securities were involved in the transaction.

Post-Transaction Holding

Following the sale, Century 21’s holding stands at 8,80,301 shares. This constitutes 28.89% of both the total share/voting capital and the total diluted share/voting capital of Sayaji Hotels (Indore). The promoter group retains significant control, with no change in the overall capital structure of the target company.

The disclosure was signed by Gurjeet Singh Chhabra, Promoter, and filed with the Bombay Stock Exchange (BSE), where Sayaji Hotels (Indore) is listed.