Sayaji Hotels Promoter Zuber Yusuf Dhanani Increases Stake to 4.83% Through Share Acquisition

Sayaji Hotels Limited has disclosed a significant shareholding change by one of its promoters, Zuber Yusuf Dhanani, who has substantially increased his stake in the hospitality company through a strategic share acquisition completed on December 22, 2025.

Transaction Details

The promoter acquired 7,00,041 equity shares through an inter-se transfer, representing a 3.99% increase in his shareholding. This transaction was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, highlighting its significance for the company's ownership structure.

Transaction Parameter	Details
Shares Acquired	7,00,041 equity shares
Acquisition Percentage	3.99% of total share capital
Mode of Acquisition	Inter-se transfer
Transaction Date	December 22, 2025

Shareholding Changes

The acquisition has resulted in a substantial increase in Dhanani's ownership position within Sayaji Hotels Limited. His shareholding has grown from a modest position to a more significant stake in the company.

Shareholding Position	Before Acquisition	After Acquisition	Change
Number of Shares	1,46,160	8,46,201	+7,00,041
Percentage Holding	0.83%	4.83%	+3.99%
Voting Rights	0.83%	4.83%	+3.99%

Company Capital Structure

Sayaji Hotels Limited maintains a stable equity capital structure, with the total share capital remaining unchanged following this inter-se transfer transaction.

Capital Structure Details	Specifications
Total Equity Capital	₹17,51,79,770.00
Number of Equity Shares	1,75,17,977 shares
Face Value per Share	₹10.00
Diluted Share Capital	₹17,51,79,770.00

Regulatory Compliance

The disclosure demonstrates Sayaji Hotels Limited's commitment to regulatory compliance and transparency in shareholding changes. The transaction was properly reported to BSE Limited, where the company's shares are listed under scrip code 523710. This inter-se transfer between promoter entities reflects internal restructuring while maintaining promoter group control.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.78%	+6.56%	+0.09%	+3.64%	-14.16%	+34.29%

Sayaji Hotels Limited has received a disclosure from its promoter regarding the release of share encumbrance under regulatory requirements. The announcement, filed on December 24, 2025, provides information about changes in promoter shareholding status.

Share Encumbrance Release Details

Promoter Raoof Razak Dhanani has declared the release of encumbrance on a portion of his equity holdings in the company. The disclosure provides specific details about the transaction and regulatory compliance.

Parameter:	Details
Shares Released:	9,75,000 equity shares
Previous Encumbrance:	State Bank of India Limited
Promoter Name:	Raoof Razak Dhanani
Filing Date:	December 24, 2025
Regulatory Framework:	SEBI Regulation 31(2)

Regulatory Compliance Framework

The disclosure has been made under Regulation 31(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates specific reporting requirements for changes in promoter shareholding patterns and encumbrance status.

The promoter has requested the stock exchange to:

Take the encumbrance release information on record
Disseminate the information on the stock exchange website
Process the prescribed format documentation as per SEBI requirements

Documentation and Compliance

The disclosure includes documentation attached in the prescribed format as Annexure-I GII, ensuring compliance with SEBI regulations. The promoter has submitted the required information to maintain transparency in shareholding patterns and encumbrance status changes.

This encumbrance release represents a development in the promoter's shareholding structure, providing flexibility in share management while maintaining regulatory compliance and transparency for stakeholders.