
Shareholding31 Aug 2026, 04:12 pm
Asian Hotels (West) Ltd: Promoter Gifted 8.16% Stake
AI Summary
Asian Hotels (West) Limited has filed a disclosure regarding a proposed acquisition of 9,51,141 equity shares, representing 8.16% of the company's share capital, by Sandeep Gupta from Vinita Gupta. This transaction is structured as an inter-se transfer amongst promoters and is to be completed by way of gift, with no consideration involved. The transfer is scheduled for on or after September 3, 2026, and is exempted from open offer requirements under Regulation 10(1)(a)(i) of SEBI (SAST) Regulations, 2011. The filing also details the pre and post-transaction shareholding of the acquirer and persons acting in concert.
Key Highlights
- Sandeep Gupta to acquire 8.16% stake in Asian Hotels (West) Ltd.
- Acquisition is a promoter inter-se transfer by way of gift.
- Transaction exempt from open offer under SEBI (SAST) Regulations.
- Proposed transfer date is on or after September 3, 2026.
- Acquirer's post-acquisition shareholding will be 16.32%.
Price Impact
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