Asian Hotels (East) Promoter Gifts 11.7% Stake to Relative

Arun Kumar Saraf, a promoter of Asian Hotels (East) Limited, has submitted a prior intimation regarding the proposed acquisition of 20,26,520 equity shares (11.7196%) by way of gift from Mrs. Ratna Saraf. This inter-se transfer among promoter group members is planned for completion on or before June 30, 2026. The transaction is being conducted under Regulation 10(1)(a) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and is exempted from making an open offer. Post-acquisition, the promoter group's total shareholding will increase to 53.91%.