7th Annual general Meeting of the Company will be held on Wednesday, 17th September, 2025 at 01:00 PM. IST through Video Conferencing.
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Sayaji Hotels (Pune) Limited has called its 7th AGM on Wednesday, 17th September 2025 at 1:00 PM IST via Video Conferencing (VC)/OAVM, with the deemed venue being the registered office in Vadodara, Gujarat. The ordinary business includes adopting the audited standalone and consolidated financial statements for FY ended 31st March 2025, and reappointing Mr. Raoof Razak Dhanani (Non-Executive Director, holding 10.46% stake) who retires by rotation. Special business includes appointing M/s Reena Bansal & Associates as Secretarial Auditor for 5 consecutive years (till FY 2029-30 AGM). Two key financial resolutions seek shareholder approval: (i) increasing the borrowing limit to Rs. 200 Crores under Section 180(1)(c), and (ii) approving financial assistance via loans/guarantees/securities up to Rs. 200 Crores to subsidiaries, associates, joint ventures, or group entities under Section 185 of the Companies Act, 2013.
The Rs. 200 Crore borrowing limit hike and Section 185 approval indicate the company is preparing for capacity expansion or capex, and may extend financial support to group entities within the broader Sayaji Hotels ecosystem. Shareholders should monitor the upcoming e-voting window (13th-16th September 2025) as these resolutions, if passed, will give the board significant financial flexibility.