The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Zoya Dhanani
SAYAJIHOTL · price
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Zoya Dhanani, a promoter of Sayaji Hotels Limited, has sold her entire holding of 7,27,961 shares (4.16% of the company's equity) through the open market on December 22, 2025. Prior to the transaction, she held 7,27,961 shares (4.16%); after the sale, her holding stands at 0 shares (0%). The company has a total equity share capital of ₹17.51 crore divided into 1,75,17,977 equity shares of ₹10 each. The disclosure was filed under SEBI's SAST Regulation 29(2) on December 23, 2025.
A complete exit by a promoter through open market sale can be viewed negatively by the market, as it may signal a lack of confidence from an insider. Retail investors should monitor whether other members of the promoter group are also reducing their stakes and check the overall promoter holding post-sale.