Support and Resistance Levels
Past performance
About Sayaji Hotels (Pune) Ltd Sayaji Hotels (Pune) Limited is a publicly listed company, incorporated on May 10, 2018, that specializes in providing luxurious accommodation and hospitality services. The company operates a collection of uniquely designed hotels with a focus on leisure and business travelers, offering stylish guest rooms and versatile meeting facilities. Notable projects include the Pune Hotel with 499 rooms, and the development of properties in Indore, Bhopal, Raipur, and Vadodara, under the Sayaji and Effotel brands.
The company has expanded its footprint through management agreements for new properties across India, and its subsidiary, Sayaji Hotels Management Limited (SHML), is actively involved in this expansion. In 2020-21, SHML signed agreements for properties in various cities and aimed to acquire a 51% stake in Intellistay Hotels Pvt. Ltd. In 2022-23, a Composite Scheme of Amalgamation and Arrangement with Sayaji Hotels Limited was executed, resulting in the allocation of shares in Sayaji Hotels (Pune) Limited, which were listed on January 29, 2024.