Sayaji Hotels (Indore) Ltd — Important, 27-02-2026: Company Update

Sayaji Hotels (Indore) has provided an update on the insolvency petition filed against it by Ujaas Energy. The company announced that both parties have mutually agreed to a Settlement Deed, settling all claims and disputes. Ujaas Energy will now file an application with the NCLT to withdraw and dismiss the petition. This development marks a full and final resolution to the insolvency proceedings, removing a significant legal overhang for the company.