Sayaji Hotels Ltd promoter Sanya Dhanani sells 5.94 lakh shares

What Sayaji Hotels announced

On 17 June 2026, Sayaji Hotels Ltd filed a disclosure with the Bombay Stock Exchange under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing records the sale of voting shares by Ms. Sanya Dhanani, who is identified as belonging to the promoter group of the company. The transaction took place on 16 June 2026 and was carried out through the open market.

Details of the share disposal

• Seller: Ms. Sanya Dhanani (promoter‑group member).
• Shares sold: 5,94,100 voting shares.
• Percentage of total diluted share capital sold: 3.39% (the diluted share capital comprises 1,75,17,977 shares).
• Mode of transaction: Open market (inter‑se transfer).
• Date of transaction: 16 June 2026.

Before the disposal, the seller’s holding of voting shares was reported at approximately 4.16% of the total share capital. After selling the 5.94 lakh shares, her holding fell to 1,33,861 shares, which corresponds to 0.76% of the total diluted voting capital.

Capital structure of Sayaji Hotels Ltd

The filing reiterates the company’s equity share capital and total voting capital as follows:

• Equity share capital / total voting capital: INR 17,51,79,770.
• Number of shares: 1,75,17,977 equity shares of Rs 10 each. These figures remain unchanged before and after the share sale, indicating that the transaction did not involve any issuance or cancellation of shares, only a transfer of existing shares.

Key facts at a glance

Why this matters for investors

The disclosure satisfies SEBI’s requirement to inform the market when a promoter or promoter‑group member disposes of a material portion of their shareholding. The reduction of Ms. Dhanani’s stake from roughly 4.16% to 0.76% does not, by itself, alter the overall promoter ownership significantly, but it does provide transparency about changes in the promoter group’s voting power. Since the transaction was executed on the open market, there is no indication of a private placement, rights issue, or other capital‑raising activity that could affect the company’s capital structure.

Investors should note that the total equity share capital remains unchanged, and the diluted share count is still 1,75,17,977 shares. Consequently, the share dilution metric and earnings per share calculations are unaffected by this disposal. The filing does not disclose any intention to sell additional shares or any related agreements that could further modify promoter holdings.

Conclusion

Sayaji Hotels Ltd has complied with SEBI’s Regulation 29(2) by reporting the open‑market sale of 5,94,100 voting shares by promoter‑group member Ms. Sanya Dhanani on 16 June 2026. The sale reduces her holding to 1,33,861 shares, representing 0.76% of the company’s total diluted voting capital. No change to the company’s equity capital or share count resulted from the transaction, and no further actions have been announced.