25-Jun-2026 19:02:02

SAYAJIHOTLGeneral news

SAYAJI HOTELS LIMITED : ISSUES CORPORATE GUARANTEE WORTH RS 500 CR

• Corporate guarantee approved for ₹50,00,00,000/- (Rupees Fifty Crores Only) in favour of Axis Bank Limited. • Guarantee is for a loan to be availed by VICON Imperial (I) Private Limited. • VICON Imperial (I) Private Limited is a Group Company of Sayaji Group, with 51% shareholding by promoters of Sayaji Hotels Limited. • Transaction undertaken on an arm's length basis. • The guarantee will be a contingent liability of the Company to the extent of facilities availed by the Borrower. • Presently, there is no impact on the Company. • Further details shall be intimated as received from the Bank.

Sayaji Hotels Ltd

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