Key Quantitative Figures
- Investment amount: ₹26,000 (Twenty Six Thousand Rupees)
- Number of shares: 2,600 (Two Thousand Six Hundred) Equity Shares
- Face value per share: ₹10
- Percentage stake: 26% of the paid-up equity share capital of the proposed company
Parties Involved
- Listed entity: Sayaji Hotels Limited
- New SPV: Avanir Wellness Resorts Private Limited (to be incorporated)
- Lead Member: M/s. RDB Real Estate Construction Limited
- Regulatory authority: Nava Raipur Atal Nagar Vikas Pradhikaran (NRANVP)
- Approval authority: Registrar of Companies, West Bengal, Ministry of Corporate Affairs, Government of India
Purpose and Rationale
The investment is for development of an Iconic Wellness Centre as per the tender allotment letter dated March 20, 2026, issued by the Nava Raipur Atal Nagar Vikas Pradhikaran (NRANVP).
Company Status
The name 'Avanir Wellness Resorts Private Limited' has been approved by the Registrar of Companies, West Bengal, Ministry of Corporate Affairs, Government of India. The company is proposed to be incorporated in India.
Investment Structure
- Nature of consideration: Cash subscription
- Subscription amount: ₹26,000 for 2,600 equity shares of ₹10 each
- Resulting ownership: 26% of the paid-up equity share capital
Financial Impact
The financial impact is quantified as an investment outflow of ₹26,000 for acquiring a 26% stake in the new SPV.