Sayaji Hotels Ltd arm signs 8 new properties

Sayaji Hotels Management Limited ('SHML'), a Wholly Owned Subsidiary of Sayaji Hotels Ltd has signed and entered into 8 Management Agreements / Franchise Agreements / term sheets for the expansion of SHML by having new properties at the following cities:

1. Pithampur, Madhya Pradesh
2. Rewa, Madhya Pradesh
3. Sangli, Maharashtra
4. Aurangabad, Maharashtra
5. Dwarka: Gujarat
6. Satara, Maharashtra
7. Lonavla, Maharashtra
8. Sarola, Maharashtra

Shares of SAYAJI HOTELS LTD. was last trading in BSE at Rs. 231.05 as compared to the previous close of Rs. 238.65. The total number of shares traded during the day was 279 in over 15 trades.

The stock hit an intraday high of Rs. 243.65 and intraday low of 229.15. The net turnover during the day was Rs. 65152.00.

Source : Equity Bulls

Keywords

SAYAJIHOTELSLTD INE318C01014 SayajiHotelsManagement ManagementAgreement FranchiseAgreement TermSheet NewProperties