Tag

Sayaji Hotels (Indore) Limited

5 articles
Sayaji Hotels reported a 24% year-over-year decline in net profit for fiscal year 2026, reaching ₹8.01 crore, alongside a modest Q4 profit of ₹0.18 crore. The board approved the audited results and appointed Deloitte and Abhinav Khandelwal & Associates as internal auditors. To comply with Minimum Public Shareholding (MPS) requirements, promoters have disclosed plans to sell a combined 0.88% stake in the open market, following an open offer by Century 21 Officespace. The company also faces ongoing litigation with the Indore Development Authority regarding its lease, currently under a stay.