Sayaji Hotels (Indore) Share Price

Sayaji Hotels (Indore) Limited was originally incorporated as a Public Limited Company in the name and style of Sayaji Hotels (Vadodara) Limited vide Certificate of Incorporation dated May 10, 2018 issued by the Deputy Registrar of Companies, Central Registration Centre. Subsequently, the name of the Company was changed to Sayaji Hotels (Indore) Limited vide fresh Certificate of Incorporation on December 28, 2021 was issued by the Registrar of Companies, Chennai.The Company is primarily engaged in the business of owning, operating managing hotels. Hotel Sayaji reflects the true spirit of Indore, Central Indias financial capital, in the way it brings together tradition and contemporary luxury. Major tourist destinations in the city, like Vijay Nagar and Khajrana Ganesh Temple, are within 5 km of the hotel.The sprawling hotel contains many rooms, built and decorated in a modern fashion with cuttingedge technology, the hotel is the perfect place to set up camp for business travellers, along with modern amenities such as Internet connectivity, airconditioning and LCD TVs. The hotel provides a range of facilities to its guests, to ensure their safety and comfort in the duration of the stay. In terms of dining options, the guests are spoilt for choice, with the host of onsite restaurants at the hotel. For a drink, head over to Grand Lounge, which has some of the best wines and spirits from around the globe.The Company underwent a Scheme of Arrangement between Sayaji Hotels Limited (SHL), Ahilya Hotels Limited and the Company in 202425, whereby, the entire Indore Business of Sayaji Hotels Limited was transferred and demerged into and with the Company as a going concern, making it effective on August 01, 2023. As per the terms of the said Scheme, the Company has alloted 30,46,605 equity shares on 6th September, 2023. Further, 4 Fully Paidup Equity Shares of Rs.10/ each of the Company were issued and allotted for every 23 Fully PaidUp Equity Shares of Rs.10/ each held in Sayaji Hotel Ltd., which got listed in Exchange on January 15, 2024.