Sayaji Hotels Re-appoints Directors and Announces New Company Secretary
Sayaji Hotels Limited has made significant leadership changes, including the re-appointment of Mrs. Isha Garg as Non-Executive Independent Woman Director and Mrs. Suchitra Dhanani as Whole-Time Director. CS Puneet Karade has been appointed as the new Company Secretary and Compliance Officer. The company reported a consolidated net loss of Rs. 513.10 lakhs for Q1 FY2024, compared to a profit in the same quarter last year. However, revenue from operations increased to Rs. 3,552.97 lakhs from Rs. 2,795.84 lakhs year-over-year.
13Aug 25
Sayaji Hotels Reports Q1 Loss, Appoints New Directors and Company Secretary
Sayaji Hotels Ltd reported a standalone net loss of Rs 28.84 lakhs for Q1 FY24, compared to a profit of Rs 268.18 lakhs in Q1 FY23. Revenue from operations increased by 27% to Rs 3,552.97 lakhs. Total expenses rose by 46.88%, outpacing revenue growth. The company made key appointments, including re-appointing Mrs. Isha Garg as Non-Executive Independent Woman Director and Mrs. Suchitra Dhanani as Whole-Time Director. Mr. Puneet Karade was appointed as the new Company Secretary and Compliance Officer.