SAYAJIHOTLBSESayaji Hotels LtdMediumNeutral
Announced Tue, 10 Feb · 18:02 IST

Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosuer Requirements) Regulations, 2015 - Appointment of Director.

Promoter Family Board EntryManagement Changes View source PDF

SAYAJIHOTL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sayaji Hotels Ltd has appointed Mr. Kayum Razak Dhanani (DIN: 00987597) as an Additional Non-Executive Non-Independent Director on the Board, effective 10th February 2026. He will hold office until the conclusion of the next general meeting or three months, whichever is earlier, subject to shareholder approval. Mr. Dhanani holds a diploma in sole-making from the Central Leather Research Institute, Chennai, and has been associated with Sara Suole Private Limited (a leather goods manufacturer) since 2005. Importantly, he is related to existing board members Mr. Raoof Razak Dhanani (Managing Director), Mr. Mohammad Yusuf Abdul Razak Dhanani (Non-Executive Non-Independent Director), and Mrs. Suchitra Dhanani (Whole-Time Director), indicating he is part of the promoter family.

Likely market impact

This is a promoter-family addition to the board, strengthening family control over Sayaji Hotels. Existing shareholders should note the increased promoter representation, though independent oversight remains a point to watch.