Company Disclosure
Sayaji Hotels Limited has intimated the termination of an agreement with Wonder Leopard Retreat Private Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Nature of Event
Termination of hotel management agreement dated 8th February, 2025 between Sayaji Hotels Limited (Operator) and Wonder Leopard Retreat Private Limited (Owner).
Agreement Details
The agreement was for running, conducting, operating and managing the hotel property situated at Building No. 01 Bijapur Road Bhagli, Sumerpur, Pali, Rajasthan 306126.
Effective Date
The termination is effective from 31st May, 2026.
Decision Authority
The termination was proposed by the management's decision of the Company.
Financial Impact
The company explicitly states that "The termination of the agreement has no significant impact on the Net worth of the Company."