AGM Details
The 8th Annual General Meeting of Sayaji Hotels (Indore) Limited is scheduled to be held on Friday, 21st August 2026 at 11:30 A.M. IST through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The deemed venue is the Registered Office at H-1, Scheme No. 54, Vijay Nagar, Indore, Madhya Pradesh – 452010.
Business to be Transacted
Ordinary Business:
1. Adoption of Audited Financial Statements: To receive, consider and adopt the Standalone Audited Financial Statements for the financial year ended 31st March 2026, together with reports of Board of Directors and Auditors.
2. Re-appointment of Director: To appoint Mr. Raoof Razak Dhanani (DIN: 00174654), Managing Director, who retires by rotation under Section 152(6) of Companies Act 2013 and offers himself for re-appointment. His current remuneration is ₹61,85,616 per annum. He holds 173,178 equity shares (5.68% of paid-up capital) as of 31st March 2026.
Special Business:
3. Increase in Borrowing Limits: Special Resolution to increase borrowing limits under Section 180(1)(c) of Companies Act 2013 to ₹250 Crores (from Banks, Financial Institutions, Bodies Corporate etc.), exceeding the aggregate of paid-up capital, free reserves and securities premium.
4. Appointment of Secretarial Auditor: Ordinary Resolution to appoint M/s DMJ & Partners, Company Secretaries (PAN: ABAFP6878N) as Secretarial Auditor for a term of five consecutive years from conclusion of 8th AGM till conclusion of 13th AGM. Remuneration to be mutually agreed between Board and auditor.
5. Appointment of Director: Ordinary Resolution to appoint Mr. Mohammed Yusuf Abdul Razak Dhanani (DIN: 10550544) as Non-Executive Non-Independent Director. He was appointed as Additional Director on 28th July 2026. He holds no shares in the company.
Voting Arrangements
- Remote e-voting period: 18th August 2026 (9:00 AM) to 20th August 2026 (5:00 PM)
- Cut-off date for voting eligibility: 14th August 2026
- E-voting agency: Central Depository Services (India) Limited (CDSL)
- Physical shareholders and non-individual demat holders vote via CDSL e-voting system
- Individual demat holders vote through depository participants (CDSL/NSDL)
Shareholder Services
- Members holding physical shares must update PAN, KYC details and nomination to avoid folio freezing
- All service requests must be processed in dematerialized form only
- Members can request physical copies of Annual Report by emailing cs@shilindore.com
Annexures Included
- Annexure-1: Director information for Mr. Raoof Razak Dhanani
- Annexure-2A: Explanatory statement for borrowing limits increase
- Annexure-2B: Explanatory statement for Secretarial Auditor appointment
- Annexure-2C: Explanatory statement for director appointment
Key Dates and Contacts
- AGM Date: 21st August 2026
- E-voting Period: 18th-20th August 2026
- Company Secretary: Aaditya Kasera (M. No. A76172)
- Scrutinizer Email: neeleshcs2004@yahoo.co.in
- RTA Email: rnt.helpdesk@in.mpms.mufg.com
- Company Email: cs@shilindore.com