Saboo Sodium Chloro Limited announced that its Board of Directors has approved a significant investment in its wholly owned subsidiary through a rights issue subscription. The decision was made during a board meeting held on March 25, 2026, at the company's registered office in Jaipur, with Managing Director Girdhar Saboo presiding over the proceedings.

Board Meeting Outcome

The board meeting was conducted at L-5, B-II, Krishna Marg, C-Scheme Jaipur, Rajasthan, commencing at 03:00 P.M. and concluding at 03:30 P.M. The board approved the subscription to equity shares proposed to be issued by way of Rights Issue by Samskara Resorts Private Limited, the company's wholly owned subsidiary.

Investment Details

The company will subscribe to its complete 100% entitlement in the rights issue of Samskara Resorts Private Limited. The key parameters of this investment decision are outlined below:

Strategic Investment Structure

Saboo Sodium Chloro Limited will maintain its complete ownership in Samskara Resorts Private Limited through this rights issue subscription. The investment will not exceed ₹3,80,00,000 and will be made on terms and conditions as offered by the wholly owned subsidiary. Since the company already holds 100% ownership in Samskara Resorts Private Limited, the shareholding percentage will remain unchanged after the subscription.

Regulatory Compliance and Documentation

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided detailed information as required under the SEBI Master Circular dated January 30, 2026, ensuring full transparency and regulatory compliance. Managing Director Girdhar Saboo (DIN: 00364750) digitally signed the board meeting outcome documents, reflecting the company's commitment to supporting its subsidiary's business operations and growth initiatives.

Saboo Sodium Chloro Limited has achieved a major milestone in its hospitality sector expansion by securing the Forest No Objection Certificate (NOC) for its ambitious 120-room luxury 5-star resort project in Jawai, Rajasthan. The approval marks a significant step forward in the company's diversification strategy beyond its core salt manufacturing business.

Project Overview and Location

The luxury resort project is strategically positioned on approximately 40,000 square meters of land in Jawai, one of India's premier wildlife tourism destinations. The location is particularly notable for its unique leopard habitat and conservation landscape, making it an attractive destination for eco-tourism and luxury hospitality.

The project site's proximity to the established Aaramgah Jawai Resort & Spa, which operates as a member of Radisson Individuals Retreats, positions the development within an established hospitality corridor in the region.

Development Progress and Timeline

With the Forest NOC approval now secured, the project has transitioned into an advanced pre-construction phase. The company has made substantial progress in the planning and preparation stages, demonstrating its commitment to moving forward with the development.

Key development milestones include:

• Architectural drawings have been completed and submitted to the company
• Civil contract tendering process is in final stages
• Construction expected to commence within two months
• Timeline subject to additional regulatory approvals and final conversion orders

Strategic Significance

The Forest NOC approval represents a crucial regulatory milestone for Saboo Sodium Chloro Limited's entry into the hospitality sector. Jawai's reputation as a leading wildlife tourism destination, particularly renowned for its leopard conservation efforts, provides a strong foundation for a luxury resort operation.

The project, branded as Samskara Jawai, will operate in a region that attracts discerning travelers seeking unique wildlife experiences combined with luxury accommodations. The 120-room capacity positions the resort as a significant hospitality asset in the area.

Next Steps

The company is now focused on completing the remaining regulatory requirements and finalizing construction preparations. The two-month timeline for construction commencement indicates the project's advanced state of readiness, pending final approvals and conversion orders.

This development represents Saboo Sodium Chloro Limited's strategic expansion beyond its traditional salt manufacturing operations into the growing hospitality and tourism sector in Rajasthan.