Outcome of board meeting of Sayaji Hotels

Held on 01 December 2016

Sayaji Hotels announced that a meeting of the Board of directors of the Company was held on 01 December 2016 wherein, inter-alia, the following decisions were considered & approved:

Approval of the Sanction letter of Axis Bank for conversion of credit facility into foreign currency loan and availment of credit facility of Rs 4.28 crore.

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