The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on October 25, 2025 for Century 21 Officespace Pvt Ltd
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Century 21 Officespace Pvt Ltd, newly classified as a promoter of Sayaji Hotels (Indore) after completing an open offer, is disclosing a pre-existing pledge of 1,78,000 shares (5.84% of total share capital) that was created on 01/08/2024 when it was still categorised as a public shareholder. The pledge was taken to meet short-term financial requirements. Century 21 currently holds 9,24,433 shares, equal to 30.34% of Sayaji Hotels' total share capital. No new encumbrance is being created now — the disclosure is a regulatory compliance requirement triggered by the change in shareholding category from public to promoter.
This is a routine compliance filing, not a new risk event. Shareholders should note that roughly 19% of the promoter's own stake is pledged, and the single largest promoter group holds under one-third of the company, leaving room for further stake changes.