Sayaji Hotels Ltd — Important, 02-12-2025: Company Update

Sayaji Hotels Limited has entered into a Hotel Management Agreement with Ranjangaon Hotel LLP for a 15-year period. Under this agreement, Sayaji Hotels will manage and operate a 4-star rated hotel in Rajnangaon, Pune, providing comprehensive operational services aligned with its brand standards. The property will feature 50 rooms, a banquet hall, two restaurants, a gym, and a spa, operating under the "EFFOTEL BY SAYAJI" brand name. This move expands Sayaji Hotels' managed portfolio and strengthens its presence in the hospitality sector.