The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Raoof Razak Dhanani
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Raoof Razak Dhanani, classified as a promoter of Sayaji Hotels (Pune) Ltd, purchased 50,000 equity shares on 10th June 2025, representing 1.64% of the company's share capital. His stake in the company has risen from 3,18,669 shares (10.46%) to 3,68,669 shares (12.10%). The mode of acquisition is stated as 'Purchase.' The equity share capital of the company remains unchanged at ₹3.04 crore divided into 30,46,605 shares of ₹10 each. This disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011, with BSE Limited as the designated stock exchange.
A promoter increasing his stake is generally viewed as a confidence signal, suggesting insider belief in the company's future prospects. However, the increase is modest (1.64%), so the immediate stock price impact may be limited.