Announced Fri, 17 Oct · 18:49 IST

Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 pertains to regularization of Directors

Promoter Family Board EntryManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

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.

Likely market impact

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.