Zoya Dhanani disposes entire 0.16% stake in Sayaji Hotels

1 min read     Updated on 17 Jun 2026, 03:00 PM
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Reviewed by
Ashish TScanX News Team
AI Summary

Promoter Ms. Zoya Dhanani disposed of her entire 0.16% stake in Sayaji Hotels Limited on June 16, 2026, through an open market transaction involving 28,065 equity shares. The sale, disclosed under SEBI regulations, resulted in her complete exit from the shareholder register. The company's equity share capital remains INR 17,51,79,770, divided into 1,75,17,977 shares.

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Promoter Ms. Zoya Dhanani has disposed of her entire shareholding in Sayaji Hotels Limited through an open market transaction. The sale, conducted on June 16, 2026, involved the divestment of 28,065 equity shares, which accounted for 0.16% of the company's total voting capital. This disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to the transaction, Ms. Dhanani held 28,065 shares carrying voting rights, equivalent to 0.16% of the total share capital. The disposal resulted in the complete exit of the promoter from the shareholder register of the target company. The equity shares were sold on the Bombay Stock Exchange (BSE), where the company is listed under the scrip code 523710.

The total equity share capital of Sayaji Hotels Limited remains unchanged at INR 17,51,79,770, divided into 1,75,17,977 equity shares of INR 10 each. Consequently, the diluted share and voting capital of the company also stands at 1,75,17,977 equity shares. There were no encumbrances such as pledges or liens reported on the shares prior to or following the sale.

Shareholding Details

The following table outlines the changes in Ms. Zoya Dhanani's shareholding:

Description Number of Shares % of Total Share Capital % of Total Diluted Share Capital
Holding Before Disposal
Shares carrying voting rights 28,065 0.16% 0.16%
Total 28,065 0.16% 0.16%
Details of Sale
Shares sold 28,065 0.16% 0.16%
Total 28,065 0.16% 0.16%
Holding After Disposal
Shares carrying voting rights 0 0 0
Total 0 0 0

The transaction was executed via the open market route. Following the sale, Ms. Dhanani no longer holds any equity shares, warrants, or convertible securities in Sayaji Hotels Limited. The filing confirms that there are no voting rights held otherwise than by shares, and no other instruments entitling the acquirer to receive shares were involved in the transaction.

Historical Stock Returns for Sayaji Hotels

1 Day5 Days1 Month6 Months1 Year5 Years
+4.07%+7.80%+6.67%+10.14%+10.14%+10.14%

What are the potential strategic implications for Sayaji Hotels following the complete exit of a promoter shareholder?

How might this divestment influence investor confidence and the stock's liquidity on the BSE?

Are there indications of other promoters or key stakeholders planning to adjust their holdings in the near future?

Sayaji Hotels promoter reduces stake by 3.39%

1 min read     Updated on 17 Jun 2026, 03:00 PM
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Reviewed by
Riya DScanX News Team
AI Summary

Ms. Sanya Dhanani, a promoter of Sayaji Hotels Limited, disposed of 5,94,100 equity shares, representing a 3.39% stake, via an open market transaction on the BSE on June 16, 2026. Following the sale, her shareholding decreased from 4.16% to 0.76%. The company's equity share capital remains INR 17,51,79,770, divided into 1,75,17,977 shares of INR 10 each.

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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:

Description Number of Shares % of Total Share Capital % of Diluted Share Capital
Holding Before Disposal
Shares carrying voting rights 7,27,961 4.16% 4.16%
Disposal Details
Shares sold 5,94,100 3.39% 3.39%
Holding After Disposal
Shares carrying voting rights 1,33,861 0.76% 0.76%

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.

Historical Stock Returns for Sayaji Hotels

1 Day5 Days1 Month6 Months1 Year5 Years
+4.07%+7.80%+6.67%+10.14%+10.14%+10.14%

What are the potential strategic reasons behind Ms. Dhanani's decision to reduce her stake to below 1%?

How might this significant reduction in promoter holding influence investor confidence in Sayaji Hotels' stock performance?

Is there a likelihood of other promoters or major shareholders altering their holdings in response to this transaction?

More News on Sayaji Hotels

1 Year Returns:+10.14%