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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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