BSECompany Update25 Aug 2026 · 25 Aug 2026, 05:52 pm
Sayaji Hotels Limited has entered into Hotel Management Agreement for providing, operational and management services for hotel property located at Bhavnagar, Gujarat.
Sayaji Hotels Ltd · 523710
✦ AI Summary▲ PositiveExpansion
Sayaji Hotels Ltd has entered into a Hotel Management Agreement for providing operational and management services for a hotel property located at Bhavnagar, Gujarat, aligning with the Company's strategic expansion plans in key markets across India.
Analysis Scores
Earnings Impact5/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment9/10
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Full Announcement
Sayaji Hotels Ltd - 523710 - Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 Of Entering Into Hotel Management Agreement.
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25th August, 2026
The General Manager,
Department of Corporate Services,
BSE Limited
P.J. Towers Dalal Street,
Fort, Mumbai - 400 001
Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015 of entering into
Hotel Management Agreement
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we wish to inform you that Sayaji Hotels Limited (“the Company”) has
entered into a Hotel Management Agreement for providing operational and management
services for a hotel property located at Bhavnagar, Gujarat.
The key details of the project are as follows:
The property is situated Bhavnagar, Gujarat. The proposed hotel will comprise 80 key rooms
and is planned to be developed as a star category property, which will operate under the
brand name “Effotel” by Sayaji. This agreement aligns with the Company’s strategic
expansion plans in key markets across India and is expected to further strengthen its presence
in the Western region.
Kindly take the above information on record.
Thanking You
Yours Faithfully
For Sayaji Hotels Limited
Puneet Karade
Company Secretary and Compliance Officer
SAYAJI HOTELS LIMITED
Corporate office Address: H/1 Scheme No. 54, Vijay Nagar, Indore, Madhya Pradesh, India, 452010
Phone No. 0731-4006666 | E-mail: cs@sayajigroup.com
Regd. Office: 441, 942/1942, T P No. 66, Near Bhimnath Bridge, Sayajiganj, Vadodara, Gujarat-390020 India
CIN: L51100GJ1982PLC162541 | Phone No.: 0265-2476666 | www.sayajihotels.com