ASIAN HOTELS (EAST) LTD.

Asian Hotels (East) Ltd has announced a Board of Directors meeting scheduled for July 9, 2026. The primary agenda items include the consideration and approval of the audited standalone and consolidated financial results for the fourth quarter (Q4) and the financial year ended March 31, 2026, along with the auditor's report. Additionally, the board will discuss and potentially recommend a dividend. The company also noted the closure of the trading window for dealing in its shares, which will remain closed until 48 hours after the declaration of the unaudited financial results for the first quarter (Q1) and three months ended June 30, 2026. The date for this subsequent board meeting will be communicated later.

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%.

Asian Hotels (East) Ltd's board meeting on May 30, 2026, decided to defer the approval of audited standalone and consolidated financial results for Q4 and the financial year ended March 31, 2026, due to pending audit-related procedures concerning the company's investment in its wholly-owned subsidiary. The company will announce the revised board meeting date in due course. Additionally, the board reappointed Mr. Sandipan Chakravortty as an Independent Director for a second term of five years, effective from August 10, 2026, subject to shareholder approval.

Asian Hotels (East) Ltd's board meeting on May 30, 2026, decided not to approve the audited standalone and consolidated financial results for Q4 and the financial year ended March 31, 2026, due to pending audit procedures related to the company's investment in its wholly-owned subsidiary. The company will announce a revised board meeting date in due course. Additionally, Mr. Sandipan Chakravortty (DIN: 00053550) has been reappointed as an Independent Director for a second term of five years, effective August 10, 2026, subject to shareholder approval.

Asian Hotels (East) Limited has announced the rescheduling of its Board Meeting. Originally slated for May 28, 2026, the meeting will now take place on Saturday, May 30, 2026. This change is attributed to unforeseen and unavoidable circumstances. The company confirmed that the agenda items for the rescheduled meeting will remain the same as previously intended. Furthermore, the trading window will continue to be closed until 48 hours after the declaration of the financial results, in compliance with SEBI (PIT) Regulations, 2015.

Asian Hotels (East) Ltd has scheduled a Board of Directors meeting on May 28, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter (Q4) and financial year ended March 31, 2026. The board will also consider recommending a dividend, if any, on the equity shares for the financial year ended March 31, 2026. The trading window has been closed from April 1, 2026, and will remain closed until 48 hours after the declaration of the financial results.

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.

Asian Hotels (East) Ltd has reported its unaudited standalone and consolidated financial results for the quarter and nine months ended 31st December, 2025. The company's Board of Directors, upon recommendation of the Audit Committee, considered and approved the financial results and took note of the limited review report issued by M/s. Singhi & Co., Kolkata. The review report highlights a qualified conclusion regarding the recoverability of the company's investment in GJS Hotels Limited, a wholly owned subsidiary, due to non-compliance with certain terms and conditions of the lease deed. GJS has filed a writ petition challenging the order, but the company holds investments in GJS amounting to Rs. 860.86 lakhs in the form of equity shares and Rs. 399.39 lakhs as loans. The events and circumstances raise significant doubt regarding the recoverability of the company's investment in GJS, but no provision for impairment has been recognized in respect of these exposures in the statements. The total expenses for the quarter and year to date would have been higher by Rs. 1260.25 lakhs each, resulting in a reduction in net profit after tax and total comprehensive income.

The Board of Directors of Asian Hotels (East) Ltd approved the unaudited standalone and consolidated financial results for the quarter and nine months ended 31st December, 2025. The company's total income for the nine months was 1,034,542,000 with expenses of 3,496,273,000, resulting in a net loss of 187,190,000. The company holds investments in its subsidiary, GJS Hotels Limited, amounting to 1,259,250,000, which raises significant doubt about recoverability due to non-compliance with lease terms and forfeiture of a bank guarantee. No provision for impairment has been recognized, which could have significantly impacted the company's net profit and earnings per share.

Asian Hotels (East) Ltd has released its unaudited standalone and consolidated financial results for the quarter and six months ended 30th September 2025. The company's Board of Directors, after considering the Audit Committee's recommendation, approved the financial results and took note of the limited review report issued by M/s. Singhi & Co., Kolkata. The review report highlights the company's financial performance and certain significant issues, including an impairment concern related to a subsidiary's investments.