Sayaji Hotels Limited has entered into a Hotel Management Agreement with Siddhi Garima Reality Private Limited. This 15-year agreement, with options for 5-year renewals, appoints Sayaji Hotels to manage and operate a new 4-star hotel in Chakan, Pune. The property will operate under the "EFFOTEL BY SAYAJI" brand, featuring 110 rooms, a banquet hall, restaurant, board room, gym, and spa. This move signifies an expansion of the company's operational portfolio and strengthens its presence in hotel management, offering growth visibility to shareholders.