Board Meeting30 May 2026, 08:31 pm
Asian Hotels defers Q4 & FY26 results; Reappoints Sandipan Chakravortty
AI Summary
Asian Hotels (East) Ltd's board meeting on May 30, 2026, decided not to approve the audited standalone and consolidated financial results for Q4 and the financial year ended March 31, 2026, due to pending audit procedures related to the company's investment in its wholly-owned subsidiary. The company will announce a revised board meeting date in due course. Additionally, Mr. Sandipan Chakravortty (DIN: 00053550) has been reappointed as an Independent Director for a second term of five years, effective August 10, 2026, subject to shareholder approval.
Key Highlights
- Asian Hotels (East) defers approval of Q4 and FY26 financial results due to pending audit matters.
- Audit Committee did not recommend the draft financial results to the Board.
- Sandipan Chakravortty reappointed as Independent Director for a second five-year term.
- Reappointment is effective from August 10, 2026, subject to shareholder approval.
- Board meeting commenced at 2:30 p.m. and concluded at 6:10 p.m. on May 30, 2026.
Price Impact
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