The Board of Directors of the Company at its meeting held on 13th January, 2026 i.e. today, has taken into consideration the matters which inter alia includes: 1. Completion of Tenure ....
SAYAJIHOTL · price
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Sayaji Hotels' board met on 13th January 2026 and approved a leadership change effective 23rd January 2026. Mr. Abhay Chintaman Chaudhari, the current Non-Executive Independent Director and Chairman, will complete his tenure and step down at the close of business on 22nd January 2026. To ensure continuity, existing Non-Executive Independent Director Mr. Nimeshkumar Gandhi will take over as the new Chairman of both the Board and the Company. The board will also be reconstituted and certain committees will be reformed accordingly.
This is an orderly leadership transition where an existing independent director steps up to Chairman, preserving board independence. No major operational or financial impact expected for shareholders.