Sayaji Hotels (Indore) Ltd — Important, 06-09-2025: Company Update

Sayaji Hotels (Indore) has clarified an insolvency application filed by Ujaas Energy Limited. The company states the actual claim amount is ₹4.78 Cr, significantly disputing the ₹47.8 Cr widely circulated in media. This clarification addresses misleading information regarding a potential liability. The company is actively contesting related disputes with Madhya Pradesh Paschim Kshetra Vidyut Vitaran Company Limited through a writ petition. Sayaji Hotels is also exploring legal action against those spreading misinformation and urges stakeholders to rely solely on official company disclosures. This aims to ensure accurate investor understanding.