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Sayaji Hotels Limited's board approved a Rs 50 crore corporate guarantee for Axis Bank loan to group company VICON Imperial (I) Pvt Ltd, a promoter-held entity. It creates a contingent liability with no immediate financial impact. Further loan details are awaited from the bank.
Sayaji Hotels Gets Axis Bank Release On Rs 50 Crore Guarantee
Sayaji Hotels Promoter Azhar Dhanani Buys 3.55% Stake On Market