Sayaji Hotels Ltd — Important, 19-05-2026: Company Update

Sayaji Hotels has entered into a Hotel Management Agreement for a new 4-star category property in Nashik, Maharashtra. The company will provide operational and management services for this proposed hotel, which will feature 63 rooms and operate under its 'Effotel' by Sayaji brand. This move aligns with Sayaji Hotels' strategic expansion plans in key Indian markets, aiming to further strengthen its presence in the southern region and enhance its portfolio.