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