
Acquisitions24 Mar 2026, 12:36 pm
Promoter Arun Kumar Saraf of Asian Hotels (East) Ltd Proposes to Acquire Shares by Way of Gift
AI Summary
Arun Kumar Saraf, a promoter of Asian Hotels (East) Ltd, has submitted a prior intimation of the proposed acquisition of equity shares of the company by way of gift. The proposed acquisition involves the transfer of shares from Mrs. Ratna Saraf to Arun Kumar Saraf. The transaction is expected to occur before March 31, 2026. The price of the shares will be determined at the time of the transaction. This disclosure is pursuant to an inter-se transfer of shares amongst promoters and promoter group.
Key Highlights
- Arun Kumar Saraf, a promoter of Asian Hotels (East) Ltd, proposes to acquire equity shares by way of gift
- The proposed acquisition involves the transfer of shares from Mrs. Ratna Saraf to Arun Kumar Saraf
- The transaction is expected to occur before March 31, 2026
- The price of the shares will be determined at the time of the transaction
- This disclosure is pursuant to an inter-se transfer of shares amongst promoters and promoter group
Price Impact
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