Sayaji Hotels has been directed by the District Consumer Disputes Redressal Commission, Bhopal, to pay a total of ₹2.68 lakh regarding a consumer dispute. The order, dated July 7, 2026, was received by the company on July 18, 2026. The company stated that the directive does not have a material impact on its financial, operational, or other activities.

The adjudicating authority instructed the company to make three specific payments to the complainant. The breakdown of the financial directive includes a refund component, compensation for service deficiency, and reimbursement of complaint costs.

Breakdown of the Order

The District Consumer Disputes Redressal Commission, Bhopal, outlined the following payment structure in its order:

The company confirmed that it will take appropriate action in reference to the said order. The intimation was submitted to the stock exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Sayaji Hotels has entered into a Hotel Management Agreement for a property in Varanasi, Uttar Pradesh, strengthening its presence in the northern region. The agreement covers the provision of operational and management services for a new 4-star category hotel. This strategic expansion aligns with the company's plans to grow in key markets across India.

Project Details

The upcoming property will feature 108 room keys and include amenities such as a Banquet, Board Room, Gym, and Spa. It will operate under the brand name "Effotel by Sayaji".

Strategic Expansion

The development of this property underlines Sayaji Hotels' intent to deepen its footprint in northern India. Varanasi serves as a significant market due to its status as a key cultural and religious destination. The "Effotel by Sayaji" brand targets the mid-scale to upper-mid-scale segment, catering to the demand for quality accommodation in Tier-2 and heritage cities.