Sayaji Hotels Postal Ballot on Loans and Promoter Pay Revision
SAYAJIHOTL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sayaji Hotels is seeking shareholder approval through Postal Ballot for 3 resolutions. Item 1 (Special Resolution): approval to give loans, guarantees or security up to Rs 150 Crores to body corporates in which directors are interested, under Section 185. Items 2 and 3 (Ordinary Resolutions): revision of remuneration for promoters Saba Raoof Dhanani and Sumera Raoof Dhanani to Rs 4.6 lakh per month each (about Rs 55.2 lakh per year, around 0.37 percent of consolidated turnover), effective April 1, 2026. E-voting runs from July 1 to July 30, 2026.
Routine procedural items. Promoter pay hikes are modest relative to turnover. Loan limit signals flexibility for inter-group funding.