Sayaji Hotels Promoter Completes Share Sale for MPS Compliance

Sayaji Hotels (Indore) Limited has completed the share sale by its promoter Mrs. Anisha Raoof Dhanani for minimum public shareholding (MPS) compliance. The transaction was executed on March 30, 2026, as disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

Mrs. Anisha Raoof Dhanani successfully sold her equity shares in the open market to restore compliance with minimum public shareholding norms. The sale was completed within the prescribed timeline following the company's earlier announcement.

Parameter:	Details
Selling Entity:	Mrs. Anisha Raoof Dhanani (Promoter)
Shares Sold:	5,000 equity shares
Percentage of Total Capital:	0.16%
Transaction Date:	March 30, 2026
Mode of Sale:	Open Market

Shareholding Changes

The transaction resulted in a reduction of Mrs. Dhanani's shareholding in the company. Her holding decreased from the pre-transaction level to the post-transaction level as detailed in the regulatory filing.

Shareholding Status:	Number of Shares	Percentage
Before Transaction:	3,38,879 shares	11.12%
Shares Sold:	5,000 shares	0.16%
After Transaction:	3,33,879 shares	10.96%

Regulatory Compliance

The share sale was undertaken to comply with minimum public shareholding requirements following an open offer by Century 21 Officespace Private Limited and its persons acting in concert. The transaction was executed in accordance with SEBI regulations and the company's compliance framework.

The company's equity share capital remains unchanged at ₹3,04,66,050 comprising 30,46,605 equity shares of face value ₹10 each. Company Secretary Aaditya Kasera filed the necessary disclosure with BSE Limited on March 31, 2026, confirming the completion of the regulatory requirement.

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.

Transaction Parameter:	Details
Shares Sold:	11,850
Percentage of Total Capital:	0.389%
Transaction Mode:	Open Market
Transaction Date:	March 30, 2026
Seller Status:	Part of Promoter Group

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.

Shareholding Position:	Before Transaction	After Transaction
Number of Shares:	1,89,360	1,77,510
Percentage Holding:	6.22%	5.826%
Voting Rights:	6.22%	5.826%

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.

Capital Structure Details:	Specifications
Total Equity Capital:	Rs. 3,04,66,050
Number of Equity Shares:	30,46,605
Face Value per Share:	Rs. 10
Listing Exchange:	BSE Limited

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.