Sandeep Gupta Acquires 8.16% Stake in Asian Hotels (West) via Gift

Asian Hotels (West) Limited has announced a proposed acquisition of 9,51,141 equity shares, representing approximately 8.16% of the total share capital, by Mr. Sandeep Gupta from Mrs. Vinita Gupta. This transaction is structured as an inter-se transfer by way of a gift between immediate relatives (mother and son), both being members of the Promoter Group. The acquisition is exempt from an open offer under Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as it involves no monetary consideration. Post-acquisition, Mr. Sandeep Gupta's shareholding will increase from 8.16% to 16.32%. The disclosure under Regulation 10(5) has been made prior to the proposed transfer date of September 3, 2026.