Sayaji Hotels accepts resignation of Whole-Time Director Suchitra Dhanani

Sayaji Hotels Limited has accepted the resignation of Mrs. Suchitra Dhanani from the position of Whole-Time Director of the company. The resignation is effective from the closure of business hours on June 25, 2026. Additionally, Dhanani has stepped down from her role as Director of Sayaji Housekeeping Services Limited, a wholly-owned subsidiary of the company, effective the same date.

The company disclosed that the resignations were submitted due to other occupations. The intimation was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

The following table outlines the key particulars regarding the change in directorship:

Sr. No.	Particulars	Details
1.	Reason for change	Resignation of Mrs. Suchitra Dhanani (DIN: 00712187) as the Whole-time Director of the Company and Directorship of Wholly Owned Subsidiary, Sayaji Housekeeping Services Limited, with effect from closure of business hours on 25 June, 2026 due to other occupations.
2.	Date of cessation	From the closure of business hours on 25 June 2026.
3.	Brief profile	Not Applicable
4.	Disclosure of relationships	Not Applicable
5.	Detailed reason	As per Resignation letters attached as Annexure-B.

The resignation letters were dated June 25, 2026, and have been accepted by the Board of Directors. Puneet Karade, Company Secretary and Compliance Officer for Sayaji Hotels Limited, signed the regulatory filing.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.40%	+7.98%	+14.13%	+14.28%	+14.28%	+14.28%

Promoter Ms. Zoya Dhanani has disposed of her entire shareholding in Sayaji Hotels Limited through an open market transaction. The sale, conducted on June 16, 2026, involved the divestment of 28,065 equity shares, which accounted for 0.16% of the company's total voting capital. This disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to the transaction, Ms. Dhanani held 28,065 shares carrying voting rights, equivalent to 0.16% of the total share capital. The disposal resulted in the complete exit of the promoter from the shareholder register of the target company. The equity shares were sold on the Bombay Stock Exchange (BSE), where the company is listed under the scrip code 523710.

The total equity share capital of Sayaji Hotels Limited remains unchanged at INR 17,51,79,770, divided into 1,75,17,977 equity shares of INR 10 each. Consequently, the diluted share and voting capital of the company also stands at 1,75,17,977 equity shares. There were no encumbrances such as pledges or liens reported on the shares prior to or following the sale.

Shareholding Details

The following table outlines the changes in Ms. Zoya Dhanani's shareholding:

Description	Number of Shares	% of Total Share Capital	% of Total Diluted Share Capital
Holding Before Disposal
Shares carrying voting rights	28,065	0.16%	0.16%
Total	28,065	0.16%	0.16%
Details of Sale
Shares sold	28,065	0.16%	0.16%
Total	28,065	0.16%	0.16%
Holding After Disposal
Shares carrying voting rights	0	0	0
Total	0	0	0

The transaction was executed via the open market route. Following the sale, Ms. Dhanani no longer holds any equity shares, warrants, or convertible securities in Sayaji Hotels Limited. The filing confirms that there are no voting rights held otherwise than by shares, and no other instruments entitling the acquirer to receive shares were involved in the transaction.