Sayaji Hotels Ltd — Important, 28-10-2025: Company Update
28-10-2025 | 01:25 pm
28-10-2025 | 01:25 pm
Sayaji Hotels' board has approved agreements related to a project awarded by Nava Raipur Atal Nagar Vikas Pradhikaran. This includes a Shareholders' Agreement where Sayaji Hotels holds a 26% equity stake in SRSB Infrastructure Private Limited. Additionally, Sayaji Hotels entered into marketing, license, technical, and management agreements with SRSB Infrastructure for developing a Sayaji-branded residential project in Nava Raipur Atal Nagar, Chhattisgarh. Sayaji Hotels will receive an aggregate fee of approximately ₹3.90 crore for these services. This strategic move expands the Sayaji brand into branded residential projects, enhancing its visibility and establishing a new, sustainable revenue stream.
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