Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 pertains to regularization of Directors
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Sayaji Hotels (Indore) Ltd has regularized the appointment of two directors, Mr. Karan Singh Chhabra and Mrs. Riya Chhabra, as Non-Executive Non-Independent Directors, effective October 16, 2025, following shareholder approval via postal ballot. Both were initially appointed as Additional Directors on September 1, 2025, at a Board Meeting. Mr. Karan Singh Chhabra holds a B.A. (Hons) in Business Studies and has over 10 years of experience in real estate, rental, and mall management; he leads the C21 Group overseeing malls, hotels, and commercial developments across 20+ group companies. Mrs. Riya Chhabra has over 12 years of experience in real estate, commercial property, and hospitality operations.
This is a routine regulatory formality confirming promoter-family members already on the board. No material change for shareholders — it consolidates promoter influence on the board rather than introducing new decision-makers.