Notice of 7th Annual General Meeting of the Company will be held on 17th September, 2025 through Video Conferencing ("VC") or Other Audio Visual Means("OAVM") facility.
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Sayaji Hotels (Indore) Ltd has issued the notice for its 7th Annual General Meeting scheduled on Wednesday, 17th September 2025 at 11:30 AM IST, conducted through video conferencing with the registered office in Indore as the deemed venue. Shareholders will vote on five items: adopting the audited financial statements for FY ending 31st March 2025, re-appointing Mrs. Suchitra Dhanani (Non-executive Director, holding 12.04% stake) who retires by rotation, appointing CS Anuj Nema as Secretarial Auditor for a five-year term till the 12th AGM in 2030, raising the borrowing limit under Section 180(1)(c) up to Rs. 200 Crores, and approving financial assistance of up to Rs. 50 Crores by way of loan, guarantee or security to body corporates where directors have common directorships under Section 185. Remote e-voting through CDSL will be open from 13th to 16th September 2025.
The proposed increase in borrowing limits to Rs. 200 Crores signals potential expansion plans or higher debt levels ahead, while the Rs. 50 Crores financial assistance resolution indicates possible inter-group support to related entities. For retail shareholders, these are governance items to watch — approval could increase the company's leverage and related-party exposure.