Sayaji Hotels Ltd — Important, 09-03-2026: Company Update

Sayaji Hotels has entered a new Hotel Management Agreement with Vicon Imperial (I) Private Limited to manage and operate a hotel in Raipur, Chhattisgarh. This 15-year agreement covers a 101-room property featuring three restaurants, a gym, swimming facilities, and a spa, operating under the "Sayaji" brand. This move enhances Sayaji's operational reach and solidifies its presence in key regions, securing revenue streams from management services. The agreement, effective by April 1, 2026, reflects the company's asset-light growth strategy.