Ms. Sanya Dhanani, a promoter of Sayaji Hotels Limited , reduced her shareholding by 3.39% through the disposal of 5,94,100 equity shares via an open market transaction on June 16, 2026. The sale significantly altered her ownership structure within the hospitality firm, bringing her total stake down to 0.76% of the company's voting rights.

Prior to this transaction, Dhanani held 7,27,961 shares, which accounted for 4.16% of the total paid-up equity share capital. The shares were sold entirely on the Bombay Stock Exchange (BSE), where the company is listed under the scrip code 523710. The disclosure was filed in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The equity share capital of Sayaji Hotels Limited remains at INR 17,51,79,770, divided into 1,75,17,977 equity shares of INR 10 each. Consequently, the total diluted share and voting capital of the target company stands unchanged at 1,75,17,977 equity shares. The filing confirms that no other instruments such as warrants or convertible securities were involved in the transaction.

Shareholding Details

The following table outlines the changes in Ms. Sanya Dhanani's shareholding pattern following the disposal:

The transaction was executed solely through the open market mechanism. There were no shares encumbered through pledge or lien, nor were there any voting rights held otherwise than through shares either before or after the sale. The promoter's remaining holding consists entirely of equity shares carrying voting rights.

Sayaji Hotels Limited has expanded its footprint by entering into a Hotel Management Agreement to provide operational and management services for a new property in Tadoba, Chandrapur, Maharashtra. The agreement, signed on June 1, 2026, marks a strategic step in the company's efforts to strengthen its presence in key markets across India, specifically targeting the southern region.

The proposed hotel will be developed as a star category property featuring over 20 rooms. It will operate under the brand name "The Forest Chapter" by Sayaji. This initiative is part of sayaji hotels 's broader strategy to grow its portfolio in high-potential locations.

The disclosure was made to BSE Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was submitted by Puneet Karade, Company Secretary and Compliance Officer of Sayaji Hotels Limited.

Key Project Details