Sayaji Hotels promoter Sanya Dhanani sells 0.77% stake

1 min read     Updated on 12 Jun 2026, 12:49 PM
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Promoter Sanya Dhanani sold 23,399 equity shares of Sayaji Hotels (Indore) Limited, representing 0.77% of the total equity share capital, on June 11, 2026. Following the open market transaction, her holding decreased from 4.16% to 3.39%. The company's equity share capital remains INR 3,04,66,050.

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Promoter Sanya Dhanani has reduced her stake in sayaji hotels (indore) by selling 23,399 equity shares through an open market transaction. The sale, executed on June 11, 2026, represents 0.77% of the company's total equity share capital. This disclosure was made to BSE Limited pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to the transaction, Dhanani held 1,26,601 shares, accounting for 4.16% of the paid-up share capital. Following the disposal of the 23,399 shares, her total holding now stands at 1,03,202 shares, which constitutes 3.39% of the total voting capital. The equity share capital of the company remains INR 3,04,66,050, divided into 30,46,605 equity shares of INR 10 each.

Shareholding Details

The table below outlines the changes in the promoter's shareholding pattern resulting from the transaction:

Description Number of Shares % of Total Share Capital % of Total Diluted Share Capital
Holding before sale 1,26,601 4.16% 4.16%
Shares sold 23,399 0.77% 0.77%
Holding after sale 1,03,202 3.39% 3.39%

The transaction was confirmed via a disclosure submitted by Aaditya Kasera, Company Secretary & Compliance Officer of Sayaji Hotels (Indore) Limited. The company's shares are listed on BSE Limited under the scrip code 544080.

Historical Stock Returns for Sayaji Hotels (Indore)

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+1.85%+11.00%+48.85%-9.53%+1,102.84%

What are the potential reasons behind Sanya Dhanani's decision to reduce her stake at this time?

Could this sale indicate a broader trend of promoter divestment in the hospitality sector?

How might this reduction in promoter holding affect investor confidence in Sayaji Hotels?

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Sayaji Hotels secretarial auditor resigns effective May 27

1 min read     Updated on 27 May 2026, 10:10 PM
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Sayaji Hotels (Indore) Limited announced the resignation of its Secretarial Auditor, Mr. Anuj Nema, effective May 27, 2026, due to other professional commitments. The company filed the intimation with BSE pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015. The resignation was submitted with immediate effect as Mr. Nema cited an inability to continue rendering services.

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Sayaji Hotels (Indore) Limited's Secretarial Auditor, Mr. Anuj Nema, resigned from his position effective May 27, 2026, due to other professional commitments. The resignation was submitted with immediate effect, citing an inability to continue rendering professional services to the company. This change impacts the company's compliance oversight structure as it transitions to a new auditor.

The intimation was submitted to BSE Limited pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was read with Part A of Schedule III of the said regulations and a specific SEBI circular dated July 11, 2023, updated as on January 30, 2026.

Mr. Anuj Nema, a Practicing Company Secretary, formally communicated his decision to the Managing Director and Company Secretary of Sayaji Hotels (Indore) Limited. In his resignation letter, he expressed gratitude for the trust placed in him during his association with the Sayaji group and wished the company continued success.

The company has attached the detailed disclosure regarding the event as Annexure-A to its regulatory filing. The document outlines the specific reason for the cessation of the auditor's tenure and confirms the effective date of the change.

Resignation Details

Sr. No. Details of event Information of such event
1. Name of Secretarial Auditor Mr. Anuj Nema, Practicing Company Secretary
2. Reason for change Resignation due to other professional commitments and inability to continue rendering professional services
3. Date of Cessation 27 May 2026
4. Brief Profile Not Applicable
5. Disclosure of relationships Not Applicable

Historical Stock Returns for Sayaji Hotels (Indore)

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+1.85%+11.00%+48.85%-9.53%+1,102.84%

Who will be appointed as the replacement Secretarial Auditor to ensure continuity in compliance oversight?

Will the resignation delay the completion of any ongoing statutory audits or compliance filings?

How will the transition impact Sayaji Hotels' internal governance protocols ahead of the upcoming fiscal year?

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1 Year Returns:-9.53%