Sayaji Hotels Debt & Borrowing: ₹50 Cr
Axis Bank has waived off Sayaji Hotels' Rs 50 Crore corporate guarantee for Vicon Imperial. The waiver was confirmed today, October 26, 2026.
- Value
- ₹50.00 Cr
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Axis Bank has waived off Sayaji Hotels' Rs 50 Crore corporate guarantee for Vicon Imperial. The waiver was confirmed today, October 26, 2026.
Sayaji Hotels provided a ₹50 Crore corporate guarantee to Axis Bank. The guarantee secures a term loan for group company VICON Imperial (I) Private Limited.
Sayaji Hotels Limited (BSE: 523710) disclosed it is not a 'Large Corporate' under SEBI debt-raising norms for FY 2026-27. The company's total outstanding borrowings stood at ₹36.96 Crore as of March 31, 2026, with an ICRA BBB+ (Stable) credit rating. This regulatory filing confirms compliance with SEBI's borrowing framework.