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

Sayaji Hotels promoter Raoof Razak Dhanani has pledged an additional 3,00,000 equity shares, representing 1.71% of the company's capital, as a guarantor for an obligation of 9 Crore with Swan Finance Limited. This pledge means a significant 83.46% of the promoter's total holding, or 12,75,000 shares (7.27% of total capital), is now encumbered. Shareholders should note that pledged shares signify potential financial obligations of the promoter, affecting their effective stake.