Intimation under Regulation 30 in terms of Para B of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
SAYAJIHOTL · price
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Awaiting price reaction for this filing.
Sayaji Hotels Ltd, as a consortium member with M/s. RDB Real Estate Construction Ltd (lead member), has been awarded a tender for the allotment of a plot at Sector-39, Nava Raipur Atal Nagar, Chhattisgarh. The plot has been allotted on a lease-hold basis by Nava Raipur Atal Nagar Vikas Pradhikaran (a government development authority) for developing an 'Iconic Wellness Center' project. The project will include an Ayurveda/Naturopathy Centre and a 5-star Eco resort targeting both domestic/international tourists and the medical/wellness tourism market. The company received the tender allotment letter dated March 20, 2026, and announced the same to the stock exchange on April 6, 2026. No financial value of the allotment or the project's total investment has been disclosed in the filing.
This expands Sayaji Hotels' footprint into the wellness tourism segment and marks a diversification beyond traditional hotel operations. However, since no order value or revenue impact figures are disclosed, investors may need to wait for further details to gauge the financial significance. The project is a long-term development opportunity rather than an immediate revenue driver.