Sayaji Hotels (Indore) Ltd — Important, 17-03-2026: Company Update

Sayaji Hotels (Indore) Limited received an order from the Commissioner, Indore Municipal Corporation, regarding a property tax assessment. This order includes an imposed penalty of ₹0.33 Cr. The company has announced its intention to take necessary legal action to challenge this order. This development represents a potential financial obligation that the company aims to contest, and it will update stakeholders on future progress.