Board Meeting14 Aug 2026, 03:27 pm
Asian Hotels (West) Ltd: Board Approves Q1 FY27 Un-Audited Results
AI Summary
Asian Hotels (West) Ltd announced that its Board of Directors, in a meeting held on August 14, 2026, considered and approved the Un-Audited Quarterly Financial Results for the quarter ended June 30, 2026. The results were presented on both a standalone and consolidated basis, along with a Limited Review Report. The board meeting commenced at 11:30 AM IST and concluded at 03:15 PM IST. The filing also includes an Independent Auditor's Review Report which highlights a basis for adverse conclusion related to Note 4 concerning a framework agreement and potential sale of Hyatt Regency, Mumbai.
Key Highlights
- Board approved un-audited quarterly financial results for Q1 FY27.
- Results were approved on standalone and consolidated basis.
- Limited Review Report was provided with the financial results.
- Auditor's report notes a basis for adverse conclusion.
- Concerns raised regarding a framework agreement and asset sale.
Price Impact
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