Sayaji Hotels (Indore) Ltd — Important, 01-09-2025: Company Update

Sayaji Hotels (Indore) Limited's board has approved a Shareholders' Agreement between the company, its existing promoters, and incoming promoters (Century 21 Officespace, M.P. Entertainment, and Print Solutions). This agreement formalizes their mutual rights and obligations within the company. The incoming promoters collectively hold a 39.29% stake. Key terms include both existing and incoming promoters having the right to nominate two directors each, along with restrictions on share transfers and other governance clauses. This agreement is crucial for defining the future working relationship and control structure among the major shareholder groups following the open offer.