Sayaji Hotels (Indore) Share News - Latest Updates, Live News & More

Latest news about Sayaji Hotels (Indore)

Century21 Officespace Discloses Share Pledge in Sayaji Hotels Following Promoter Reclassification Nov 08, 2025

Century21 Officespace Private Limited has pledged 178,000 shares (5.84%) of Sayaji Hotels (Indore) Limited to AR Hospitality Limited for a Rs. 1.00 crore short-term financial requirement. This pledge, made on August 1, 2024, represents 19.25% of Century21's total 30.34% stake in Sayaji Hotels. The disclosure follows Century21's reclassification from public to promoter status after an open offer completion, adhering to SEBI regulations.

Century21 Officespace Pledges Shares in Sayaji Hotels Following Promoter Status Change Nov 04, 2025

Century 21 Officespace Pledges 1.78 Lakh Shares in Sayaji Hotels (Indore) Oct 27, 2025

Century 21 Officespace Discloses 5.84% Share Pledge in Sayaji Hotels (Indore) Oct 25, 2025

Sayaji Hotels (Indore) Approves Major Governance Changes and New Board Appointments Oct 18, 2025

More news about Sayaji Hotels (Indore)

17Oct 25

Sayaji Hotels (Indore) Limited Appoints Two Non-Executive Directors Following Shareholder Approval

Sayaji Hotels (Indore) Limited has appointed Mr. Karan Singh Chhabra and Mrs. Riya Chhabra as Non-Executive Non-Independent Directors, effective October 16, 2025. The appointments, initially made on September 1, 2025, were approved by shareholders through a postal ballot. Mr. Chhabra brings over 10 years of experience in real estate and mall management, while Mrs. Chhabra has over 12 years of experience in real estate operations and commercial property management. Both directors received unanimous approval from voting shareholders, with 265,583 votes in favor and none against. The appointments aim to strengthen the board with expertise in real estate and hospitality sectors.

26Sept 25

Century 21 Officespace Completes Open Offer for 26% Stake in Sayaji Hotels (Indore) at Rs. 1,250 Per Share

Sayaji Hotels (Indore) Limited and PACs have completed an open offer to acquire 26% stake (7,92,118 equity shares) at Rs. 1,250.00 per share. The acquirer and PACs will be reclassified from 'Public' to 'Promoter and Promoter Group' category. The new promoter group includes Century 21 Officespace Private Limited, Century 21 Town Planners Private Limited, Mr. Gurjeet Singh Chhabra, and five other entities/individuals. Administrative changes are being implemented to reflect the new ownership structure.

15Sept 25

Sayaji Hotels Initiates Postal Ballot for Articles Amendment and Director Appointments

Sayaji Hotels (Indore) Limited has initiated a postal ballot for shareholders to vote on three resolutions from September 16 to October 16, 2025. The resolutions include amendments to the Articles of Association to align with a new shareholders' agreement, and the appointment of Mr. Karan Singh Chhabra and Mrs. Riya Chhabra as Non-Executive Non-Independent Directors. The proposed changes aim to establish equal board representation for existing and incoming promoters, with each group entitled to nominate two directors. The amendments also introduce new share transfer restrictions and rights.

12Aug 25

Sayaji Hotels (Indore) Limited Appoints Aaditya Kasera as New Company Secretary and Compliance Officer

Sayaji Hotels (Indore) Limited's Board of Directors has appointed Mr. Aaditya Kasera as the new Company Secretary and Compliance Officer, effective immediately. Kasera, an Associate Member of ICSI with membership number A76172, replaces Mr. Arpit Agrawal who resigned on June 20, 2025. The Board also approved the unaudited financial results for Q2 2025, set the date for the 7th Annual General Meeting, and approved the Annual Report for FY 2025. The company reported a total income of ₹2,401.85 lakh and a net profit of ₹178.56 lakh for the quarter ended June 30, 2025.

24Jul 25

Century 21 Officespace Launches Open Offer for 26% Stake in Sayaji Hotels at Rs 1,250 Per Share

Century 21 Officespace Private Limited and its PACs have announced an open offer to acquire up to 26% of Sayaji Hotels (Indore) Limited's voting share capital. The offer price is Rs 1,250.00 per equity share, payable in cash. The tendering period is from July 25 to August 07, 2025. The Committee of Independent Directors has recommended the offer, deeming the price fair and reasonable. Systematix Corporate Services Limited is managing the offer, with MUFG Intime India Private Limited as the registrar. Shareholders can participate through their selling brokers using BSE's acquisition window.

24Jul 25

Century 21 Officespace Launches Open Offer for 26% Stake in Sayaji Hotels at Rs 1,250 Per Share

Century 21 Officespace Private Limited and PACs announced an open offer to acquire up to 7,92,118 equity shares (26%) of Sayaji Hotels at Rs 1,250 per share. The tendering period is from July 25 to August 07, 2025. The Independent Directors Committee has deemed the offer fair and reasonable. Systematix Corporate Services Limited is managing the offer, with MUFG Intime India Private Limited as the registrar. Shareholders can participate through the BSE's Acquisition Window for dematerialized shares or submit applications for physical shares by August 11, 2025. Sayaji Hotels recently relocated its registered office to Indore.

22Jul 25

Sayaji Hotels Independent Directors Recommend Century 21's Open Offer at Rs 1,250 Per Share

The Independent Directors Committee of Sayaji Hotels (Indore) Limited has recommended shareholders accept the open offer from Century 21 Officespace Private Limited and associated entities. The offer aims to acquire up to 26% of the company's equity shares at Rs 1,250.00 per share. The committee deemed the offer price fair and reasonable, noting it exceeds various valuation parameters including the 52-week volume-weighted average price and the highest acquisition price in the past 26 weeks.