Sayaji Hotels Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Sayaji Hotels' promoter, Raoof Razak Dhanani, has pledged an additional 300,000 equity shares. These shares represent 1.71% of the company's total paid-up capital and were pledged in favor of Swan Finance Limited, with the promoter acting as a guarantor. Including this new pledge, 1,275,000 shares (7.27% of total capital) held by this promoter are now encumbered. This means 83.46% of this specific promoter's shareholding in Sayaji Hotels is currently pledged. This is an important update for shareholders to track changes in promoter shareholding security.