Dhanani maintains Sayaji Hotels stake, defying earlier reports

Zoya Dhanani, identified as a promoter, reported an acquisition/sale activity in Sayaji Hotels Limited, as per Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction occurred on December 22, 2025, and involved the mode of acquisition/sale through the open market.

Before and after the reported transaction, Zoya Dhanani's holding in Sayaji Hotels Limited remains consistent at 727,961 shares carrying voting rights, representing 4.16% of the total share/voting capital. This percentage also aligns with the diluted share/voting capital. The equity share capital and total voting capital of Sayaji Hotels Limited before and after the said acquisition/sale stands at INR 175,179,770, divided into 17,517,977 equity shares of INR 10 each.

The disclosure indicates that while an acquisition/sale event was reported, the ultimate shareholding percentage of the promoter remained unchanged. The filing was submitted from Indore on December 23, 2025.