Sayaji Hotels (Indore) Ltd — Important, 21-08-2025: Company Update

Sayaji Hotels (Indore) Limited is facing a petition from operational creditor Ujaas Energy Limited, claiming Rs. 4.78 Cr (including interest) for solar energy supply. Importantly, the National Company Law Tribunal has *not* yet admitted this petition. The company has already responded to a prior demand notice. This dispute ties into existing disagreements with MPPKVVCL, where Sayaji Hotels (Indore) has also filed a High Court petition. The company intends to take all necessary legal steps to safeguard its position. Shareholders should note this ongoing legal challenge related to energy contracts.