Azhar Yusuf Dhanani increases stake in Sayaji Hotels to 8.37%

Azhar Yusuf Dhanani has disclosed the acquisition of 6,22,165 equity shares of Sayaji Hotels Ltd. This transaction, conducted on-market, increased his total shareholding from 8,44,003 shares (4.82%) to 14,66,168 shares (8.37%) of the company's total equity. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Mr. Dhanani is identified as a promoter of Sayaji Hotels Limited.