Sayaji Hotels (Indore) Ltd — Updates, 21-07-2025: Company Update

Sayaji Hotels (Indore) Limited's Independent Directors Committee (IDC) has assessed the open offer by Century 21 Officespace Private Limited and its associates. The offer seeks to acquire up to 7.92 lakh equity shares, representing 26.00% of the company's total equity, at a price of Rs. 1,250 per share. The IDC believes this offer is fair and reasonable, citing the offer price as the highest compared to recent trading averages (e.g., Rs. 1,193.19 over 52 weeks, Rs. 1,052.80 over 26 weeks, and Rs. 796.41 over 60 days on BSE). Shareholders are advised to independently evaluate the offer before making their decision.