Sayaji Hotels Limited has entered into a Hotel Management Agreement for providing operational and management services for a hotel property located at Bhavnagar, Gujarat.
The key details of the project include:
- Property location: Bhavnagar, Gujarat
- Hotel size: 80 key rooms
- Property category: Star category property
- Brand name: "Effotel" by Sayaji
This agreement aligns with the Company's strategic expansion plans in key markets across India and is expected to further strengthen its presence in the Western region.
The intimation is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The document was digitally signed by Puneet Karade, Company Secretary and Compliance Officer, on 25th August, 2026 at 17:40:39 +05:30.
Financial Impact
Financial impact not quantified in the disclosure.