Sayaji Hotels: Resignation of Mohammed Yusuf Abdul Razak Dhanani from the position of Non-Executive Non-Independent…
Sayaji Hotels (SAYAJIHOTL) filed a disclosure titled "Resignation of Mohammed Yusuf Abdul Razak Dhanani from the position of Non-Executive Non-Independent Director of the Company with effect from 29th September, 2026". The company is valued at about ₹571…
What happened
Sayaji Hotels (SAYAJIHOTL) filed a disclosure with the exchanges on 30 September 2026 at 06:26 PM titled "Resignation of Mohammed Yusuf Abdul Razak Dhanani from the position of Non-Executive Non-Independent Director of the Company with effect from 29th September, 2026".
Company snapshot
Sayaji Hotels is a micro-cap company, with a market value of about ₹571 crore.
The stock last traded at ₹326, against a 52-week range of ₹138.7–₹365.2 (10.8% below the high).
Before this filing the shares had moved −1.8% over the month and +5.8% over three months.
Promoters held 66.82% at the end of Q1 FY27; 2.56% of promoter shares were pledged.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 36 | -0.3 | -0.16 |
| Q2 FY26 | 32 | -3.3 | -1.88 |
| Q3 FY26 | 44 | 4.7 | 2.67 |
| Q4 FY26 | 38 | 10 | 5.7 |
| Q1 FY27 | 20 | -0.7 | -0.37 |
What history shows
This is not the company's first management change disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.8% on average the next trading day and was down 0.6% on average after five days (2 filings with price data).
Market-wide, 3,833 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 25 Jun 2026 | Management change | +2.4% | −0.9% |
| 28 May 2026 | Management change | −4.1% | −0.3% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.