Update on Earlier Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Sayaji Hotels (Pune) Limited informed BSE about an update to a previous disclosure regarding two tax assessment orders from the Pimpri Chinchwad Municipal Corporation (PCMC), Pune. Earlier, on April 15, 2025, the company received assessment orders with a tax demand plus interest and penalty. Following this, on April 28, 2025, PCMC issued two rectification orders with revised demands of Rs. 51,650 and Rs. 32,930 respectively, totaling about Rs. 84,580. The company has already paid both amounts in full to the municipal authority, settling the matter.
This is a minor municipal tax matter with negligible financial impact (under Rs. 85,000 in total) and has already been fully paid. It is unlikely to have any meaningful effect on the company's financials or stock price.