Saj Hotels Limited — Board Meeting, 19-03-2025: Outcome of Board Meeting

The Board of Directors of Saj Hotels Limited has approved a terms sheet with Foxoso Hospitality Private Ltd to establish a substantial holding for managing the company. Foxoso’s primary objective includes operating various hospitality services and acting as hotel management consultants both domestically and internationally. Additionally, the Board has decided to form a committee of members to evaluate this proposal and intends to submit it promptly.