The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Zuber Yusuf Dhanani
SAYAJIHOTL · price
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Sayaji Hotels promoter Zuber Yusuf Dhanani bought 7,00,041 equity shares (3.99% stake) through open market on 22 December 2025. His holding rose from 1,46,160 shares (0.83%) to 8,46,201 shares (4.83%) of the company. The total equity share capital of Sayaji Hotels is 1,75,17,977 shares of Rs 10 each, which remained unchanged after the transaction. The disclosure was filed under Regulation 29(2) of SEBI SAST Regulations, 2011, which covers acquisition of more than 2% but below 5% in a financial year (creeping acquisition limits).
This open-market purchase by the promoter signals insider confidence in the company's prospects and may be viewed positively by retail investors. With the promoter's stake now at 4.83%, any further buying could trigger the 5% disclosure threshold under takeover rules.