Systematix Corporate Services Ltd ("Manager to the Offer") has submitted to BSE a copy of Corrigendum to the Detailed Public Statement with respect to the Open Offer to the Public Shareholders ....
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Century 21 Officespace Private Limited, along with three Persons Acting in Concert (Century 21 Town Planners, M.P. Entertainment & Developers, and Print Solutions), is making an open offer to acquire up to 7,92,118 equity shares (26% of equity capital) of Sayaji Hotels (Indore) Ltd at Rs. 1,250 per share in cash, under SEBI (SAST) Regulations 3(1) & 4. A corrigendum to the Detailed Public Statement was published on July 11, 2025, following SEBI's final observation letter dated July 9, 2025. The corrigendum revises the offer timeline: identified date moved to July 11, 2025, Letter of Offer dispatch by July 18, 2025, tendering period from July 25 to August 7, 2025, and final settlement by August 22, 2025. Additionally, four new individuals/entities (Gurjeet Singh Chhabra, Prabjot Kaur Chhabra, Karan Singh Chhabra, and Riya Chhabra) have been added to the promoter and promoter group of the target company upon completion of the open offer.
Shareholders now have a clearer timeline to participate in the open offer at Rs. 1,250 per share. The offer window opens July 25 and closes August 7, 2025. The expanded promoter group signals consolidation of control by the Century 21 group in the target company.