Sayaji Hotels (Indore) Limited has received a substantial acquisition disclosure from MP Entertainment and Developers Private Limited, a promoter group entity, regarding the sale of equity shares through open market transactions.

Transaction Details

MP Entertainment and Developers Private Limited disposed of 11,850 equity shares of Sayaji Hotels, representing 0.389% of the company's total share capital. The transaction was executed through open market sales and completed on March 30, 2026.

Shareholding Changes

The disposal resulted in a reduction of MP Entertainment and Developers Private Limited's stake in Sayaji Hotels. The entity's shareholding position changed significantly following this transaction.

Company Capital Structure

Sayaji Hotels' equity share capital structure remained unchanged following this transaction. The company maintains its existing capital base with no dilution or expansion.

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction involved only equity shares carrying voting rights, with no encumbrances, warrants, or convertible securities involved in the disposal.

The seller confirmed that no shares were encumbered and no voting rights were acquired or disposed of through instruments other than equity shares. The transaction represents a straightforward equity disposal by the promoter group entity through regular market mechanisms. The company filed the regulatory disclosure on March 31, 2026, through Company Secretary and Compliance Officer Aaditya Kasera.

Sayaji Hotels (Indore) Limited has received official regulatory disclosure from Century 21 Officespace Private Limited regarding the release of pledge on 1,78,000 equity shares. The pledge release was executed on March 23, 2026, following the repayment of loan obligations to A R Hospitality Limited, as disclosed through official filing under SEBI Takeover Regulations.

Official Regulatory Filing

The company filed the disclosure on March 26, 2026, through Company Secretary & Compliance Officer Aaditya Kasera to BSE Limited. The filing includes comprehensive documentation pursuant to Regulation 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011:

Pledge Release Specifications

The regulatory disclosure reveals detailed information about the encumbrance release executed by Century 21 Officespace Private Limited:

Promoter Shareholding Analysis

Century 21 Officespace Private Limited maintains substantial promoter holdings in Sayaji Hotels with the following shareholding structure:

Original Encumbrance Background

The pledge was originally created on August 1, 2024, as part of a financing arrangement with specific security parameters:

Regulatory Compliance Framework

Century 21 Officespace Private Limited, incorporated under CIN U47990MP2021PTC057258, maintains its registered address at 11th floor, C21 Business Park, C21 Square, Opposite Radisson Blue Hotel, Mr-10, Indore-452010. The regulatory filing confirms that the encumbered shares represented less than 50% of promoter shareholding and less than 20% of total share capital, ensuring full compliance with SEBI regulatory thresholds.

The pledge release strengthens the promoter's unencumbered shareholding position in the hospitality company, with all documentation properly filed and authenticated through digital signatures as per regulatory requirements.