Sayaji Hotels 8th AGM held; 5 resolutions moved, voting results awaited
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sayaji Hotels (Indore) held its 8th AGM on 21 August 2026 via video conferencing from 11:30 AM to 12:00 PM. Five resolutions were moved: adoption of FY26 audited financials, re-appointment of Managing Director Raoof Razak Dhanani, increase in borrowing limits under Section 180(1)(c), appointment of DMJ and Partners as secretarial auditor, and appointment of Mohammed Yusuf Dhanani as non-executive director. The MD shared plans for the upcoming ultra-luxury property Altara at Indore Bypass and a diversified hospitality portfolio. Chairman noted interim dividend was paid during the year. Voting results will be shared within 2 working days.
Borrowing limit hike signals possible expansion or capex plans. Altara project update is a positive growth signal. Await voting outcome.