Zoya Dhanani disposes entire 0.16% stake in Sayaji Hotels
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?

































