Submission of Annual Report for the Financial Year 2024-25 pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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Sayaji Hotels Limited has submitted its Annual Report for FY 2024-25 and notified BSE about its 42nd AGM scheduled for Friday, 19th September 2025 at 11:30 AM IST via video conferencing. Key special business items include seeking shareholder approval to raise the company's borrowing limit to Rs. 200 Crores (under Section 180(1)(c)) to support business operations, and to provide financial assistance of up to Rs. 50 Crores by way of loans/guarantees to body corporates where directors are interested. Other items include re-appointment of Mrs. Suchitra Dhanani as Whole-Time Director for 3 years (Feb 2026–Feb 2029) at a salary of Rs. 3,48,749 per month plus variable pay and commission, re-appointment of Mrs. Isha Garg as Independent Director for a second 5-year term, and appointment of M/s NPG & Co. as new Secretarial Auditors for a 5-year term. The Managing Director's message highlighted encouraging revenue growth, higher occupancies, strong F&B performance, and addition of new management properties during FY25.
This is primarily a procedural and compliance filing ahead of the AGM. Shareholders should note the proposed increase in borrowing powers to Rs. 200 Crores, which may signal expansion or funding plans, and the Rs. 50 Crores related-party financial assistance proposal which requires careful evaluation. Director re-appointments ensure management continuity.