
Board Meeting16 Sept 2026, 07:51 pm
Sayaji Hotels Board Approves Borrowing Limit Increase & Related Party Transactions
AI Summary
Sayaji Hotels (Indore) Ltd's Board of Directors convened on September 16, 2026, approving several key corporate actions. The board sanctioned the appointment of Mr. Prakhar Bhatore as Company Secretary and Compliance Officer. Additionally, they approved an enhancement in the company's borrowing limits and noted material related party transactions, which will be subject to shareholder approval. The board also approved the draft notice for a postal ballot, including the appointment of a scrutinizer and the cut-off date for e-voting.
Key Highlights
- Mr. Prakhar Bhatore appointed Company Secretary and Compliance Officer.
- Board approved enhancement of company's borrowing limits.
- Material related party transactions approved, pending shareholder nod.
- Postal ballot notice and e-voting procedures approved.
- Board meeting held on September 16, 2026.
Price Impact
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