BSECompany Update23 Aug 2026 · 23 Aug 2026, 05:45 pm

Intimation under Regulation 30 of SEBI (LODR) Regulation, 2015 pertains to the order of District Excise Department, Indore

Sayaji Hotels (Indore) Ltd · 544080

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Sayaji Hotels (Indore) Ltd has received an order from the Office of the Collector (Excise), District Indore, suspending its Hotel Bar (FL-3) Licence till the revocation of the FSSAI suspension order or 31st March, 2027, whichever is earlier. The Hon'ble High Court of Madhya Pradesh, Indore Bench, has granted a stay on the order dated 21st August, 2026 issued by the FSSAI.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10

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Sayaji Hotels (Indore) Ltd - 544080 - Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015

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23rd August, 2026 The Listing Compliance Monitoring Team BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai – 400001 IN Scrip Code: 544080 Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Order of District Excise Department, Indore Dear Sir/Madam, With reference to our earlier intimations to the Stock Exchange dated 22nd August, 2026 regarding (i) the order dated 21st August, 2026 issued by the Food Safety and Standards Authority of India ("FSSAI"), and (ii) the order dated 22nd August, 2026 passed by the Hon'ble High Court of Madhya Pradesh, Indore Bench, this is to inform you that the Company has further received an order from the Office of the Collector (Excise), District Indore, whereby the Hotel Bar (FL-3) Licence of the concerned hotel unit has been suspended till the revocation of the FSSAI suspension order or 31st March, 2027, whichever is earlier, pursuant to the order of FSSAI. Further, the Hon’ble High Court of Madhya Pradesh, Indore Bench, vide its order dated 22nd August, 2026, has granted a stay on the order dated 21st August, 2026 issued by the FSSAI. Accordingly, we have apprised the Excise Department regarding the said order of the Hon’ble High Court. The requisite information pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Clause 20 of Para A of Part A of Schedule III thereto is enclosed herewith as Annexure-A for your information and records. Kindly take the aforesaid information on record. Thanking you. For Sayaji Hotels (Indore) Limited Aaditya Kasera Company Secretary & Compliance Officer SAYAJI HOTELS (INDORE) LIMITED Registered Office: H-1 Scheme No. 54, Vijay Nagar, Indore, Madhya Pradesh-452010 CIN: L55209MP2018PLC076125 Phone No. 0731-4006666| E-mail cs@shilindore.com Website: www.shilindore.com Annexure A Sr. No. Particulars Details 1. Name of the authority Office of the Collector (Excise), District Indore, Madhya Pradesh 2. Nature and details of action(s) The Office of the Collector (Excise), District taken initiated or order(s) Indore has issued an order dated 22nd passed August, 2026 directing the suspension of the Company’s Hotel Bar (FL-3) Licence till the revocation of the suspension order of FSSAI or 31st March, 2027, whichever is earlier, pursuant to the order of FSSAI. Further, the Hon’ble High Court of Madhya Pradesh, Indore Bench, vide its order dated 22nd August, 2026, has granted a stay on the order dated 21st August, 2026 issued by the FSSAI. Accordingly, we have apprised the Excise Department regarding the said order of the Hon’ble High Court. 3. Date of receipt of the direction or order, including any ad- interim or interim orders, or 22nd August, 2026 any other communication from the authority 4. Details of violation(s)/ The order of the District Excise Department contravention(s) committed or has been issued pursuant to the order alleged to be committed dated 21st August, 2026 issued by the FSSAI. 5. Impact on financial, operation At present, the exact financial impact is not or other activities of the listed ascertainable with certainty. Any material entity, quantifiable in impact or further development in the monetary terms to the extent matter will be duly intimated to the Stock possible. Exchange(s). SAYAJI HOTELS (INDORE) LIMITED Registered Office: H-1 Scheme No. 54, Vijay Nagar, Indore, Madhya Pradesh-452010 CIN: L55209MP2018PLC076125 Phone No. 0731-4006666| E-mail cs@shilindore.com Website: www.shilindore.com