Sayaji Housekeeping Services, a promoter of Barbeque-Nation Hospitality, has announced that 5,41,516 equity shares (1.39% of Barbeque-Nation's total equity) have been released from pledge.

These shares were earlier pledged with Axis Bank as security for a loan to Sayaji Hotels, the promoter's holding company.

The release on July 16, 2025, means these shares are now unencumbered, reducing the promoter's pledged holding to nil.

This is a positive development for investors, indicating reduced financial leverage for the promoter group.