Sayaji Hotels (Indore) Ltd — Important, 23-08-2026: Company Update

Sayaji Hotels (Indore) Limited's Hotel Bar (FL-3) Licence has been suspended by the District Excise Department. This action follows an FSSAI suspension order and will remain in effect until the FSSAI order is revoked or an earlier specified date. Crucially, the High Court has granted a stay on the original FSSAI suspension order. The company has informed the Excise Department about the High Court's stay. The exact financial impact of these developments cannot be determined currently. This situation directly affects the company's hotel operations.