42nd Annual General Meeting of the Company will be held on Friday, 19th September, 2025 at 11:30 A. M. IST through Video Conferencing.
SAYAJIHOTL · price
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Sayaji Hotels Ltd has notified the 42nd Annual General Meeting to be held on Friday, 19th September 2025 at 11:30 A.M. IST via Video Conferencing. Ordinary business includes adopting the audited standalone and consolidated financial statements for FY ended 31st March 2025 and re-appointing Mrs. Suchitra Dhanani as Director (retiring by rotation). Special business includes appointing M/s NPG & Co. as Secretarial Auditors for 5 years (till FY 2029-30), increasing the company's borrowing limit to Rs. 200 Crores under Section 180(1)(c), and approving financial assistance of up to Rs. 50 Crores by way of loans/guarantees to body corporates in which directors are interested. Also up for approval is the re-appointment of Mrs. Isha Garg as Non-Executive Woman Independent Director for a second 5-year term (27 August 2025 to 26 August 2030) and re-appointment of Mrs. Suchitra Dhanani as Whole-Time Director for 3 years (6 February 2026 to 5 February 2029) with a monthly salary of Rs. 3,48,749 plus variable pay, commission, and perquisites.
Shareholders should note the proposed increase in borrowing limit to Rs. 200 Crores and the Rs. 50 Crores related-party financial assistance resolution, which materially expands the company's financial flexibility but also raises related-party exposure. Director re-appointments maintain management continuity, while e-voting opens from 16 September to 18 September 2025 for shareholders to vote on these resolutions.