Promoter Acquires Shares in Saj Hotels Limited, Increasing Holding to 2.14%

Promoter Acquires Shares in Saj Hotels Limited, Increasing Holding to 2.14%

Promoter Acquires Shares in Saj Hotels Limited, Increasing Holding to 2.14%​

Saj Hotels Limited saw a transaction increase in its promoter holding as Kartik Maganlal Timbadia acquired shares of the company through the open market. The acquisition resulted in an elevated stake for the promoter in the listed entity.

The purchase details indicate that Mr. Timbadia, identified as a Promoter, increased his shareholding on 10.07.2026. Prior to this transaction, he held 326,000 shares, representing 2.02% of the company's securities.

Details of the Open Market acquisition are summarized in the table below:

Insider NameCategoryShares Before AcquisitionShares AcquiredPurchase ValueNew Holding (Shares)New Holding (%)
Kartik Maganlal TimbadiaPromoter326,000 (2.02%)200,000559,200346,0002.14%

The acquisition was conducted in the open market on the NSE and successfully increased his total holding to 346,000 shares, translating to a 2.14% stake post-acquisition. No trading activity in derivatives was reported by the promoter regarding the company's securities.

SAJHOTELS Stock Price Movement​

Today, the stock of Saj Hotels Limited edged higher, closing at ₹27.7 after rallying 5.08%. The equity traded within a narrow range during the session, reaching a day high of ₹28.4 and dipping to a low of ₹26.6.
 

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