Sayaji Hotels (Indore) Ltd — Important, 14-03-2026: Company Update

Sayaji Hotels (Indore) Limited has successfully concluded an insolvency petition filed by an operational creditor. Following a settlement agreement between both parties, the operational creditor withdrew its application. The National Company Law Tribunal accepted this withdrawal and ordered the petition's disposal. This action officially closes the insolvency proceedings, removing a significant legal and operational uncertainty for the company and its stakeholders.