Saboo Sodium Chloro Limited has announced a significant expansion of its luxury hospitality project in Udaipur through its wholly owned subsidiary, Samskara Resorts Private Limited. The company acquired 6,070 square meters of additional land adjoining its existing Samskara Udaipur project site, bringing the total landholding to approximately 29,370 square meters.

Strategic Land Acquisition Details

The latest acquisition expands the Samskara Udaipur project's footprint substantially, creating enhanced development opportunities for the luxury hospitality venture. The company disclosed this information in a press release filed under SEBI LODR Regulation 30 on April 15, 2026.

Samskara Udaipur Project Development

The enlarged land parcel significantly enhances the scale and design potential of the Samskara Udaipur project. The company plans to develop a palace-style luxury hotel with expanded capacity and premium amenities.

Project Features:

• Accommodation: Up to 350 rooms
• Dining: Signature restaurants
• Events: Premium event and banqueting spaces
• Wellness: Wellness and recreation facilities
• Location Advantage: Strategic positioning near Udaipur International Airport and Taj Lalit Bagh

Expansion in Hospitality Portfolio

This acquisition represents the company's fourth land purchase in the past 12 months, demonstrating continued expansion in the luxury hospitality sector. The previous acquisitions were made in Jawai, Udaipur, and Tadoba, building a robust pipeline of fully owned luxury hospitality developments.

The company emphasized that the enlarged land parcel enhances layout flexibility and long-term value of Samskara Udaipur, positioning it as a landmark hospitality destination in Rajasthan. Upon completion, Samskara Udaipur is expected to be one of the largest properties in the region by room count.

Strategic Positioning

The Samskara Udaipur project benefits from its strategic location near key infrastructure and established luxury hospitality landmarks. The proximity to Udaipur International Airport provides convenient access for guests, while the location near Taj Lalit Bagh positions the property within an established luxury hospitality corridor.

The company's continued investment in land acquisition and hospitality development reflects its commitment to building a substantial presence in India's luxury tourism sector, particularly in Rajasthan's key destinations.

Saboo Sodium Chloro Limited has formally notified BSE Limited regarding its classification status under SEBI regulations. The company has confirmed that it does not qualify as a 'Large Corporate' entity as per the Securities and Exchange Board of India guidelines.

Regulatory Compliance Declaration

In a communication dated April 6, 2026, the company addressed BSE Limited to clarify its corporate classification status. The declaration specifically pertains to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which deals with fund raising by issuance of debt securities by large entities.

Corporate Leadership

The formal confirmation was signed by Girdhar Saboo, Managing Director of the company, bearing DIN: 00364750. The digital signature was applied on April 6, 2026, at 13:48:35 +05'30', ensuring the authenticity and timeliness of the regulatory communication.

SEBI Circular Context

The referenced SEBI circular addresses regulations concerning fund raising through debt securities issuance by large corporate entities. Companies are required to assess and declare their classification status based on specific criteria outlined in the circular. This ensures appropriate regulatory oversight and compliance measures are applied based on the entity's size and operational scale.

The company's proactive communication to BSE demonstrates its commitment to maintaining transparency and regulatory compliance in its corporate governance practices.