Asian Hotels (North) Limited

Asian Hotels (North) Ltd has announced that its Board of Directors will convene on November 12, 2026. The primary agenda item is to consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The trading window for the company's securities will reopen 48 hours after the declaration of these financial results.

Asian Hotels (North) Ltd has announced that the Hon'ble High Court of Delhi has dismissed a writ petition (W.P. (C) No. 4123 of 2025) filed by Infrastructure Watchdog against the Union of India & Ors. The court's judgment, dated November 3, 2025, dismissed the petition in limine. The company stated that the allegations in the petition did not constitute an established finding of any violation or contravention by Asian Hotels (North) Ltd. Consequently, the company has identified no direct adverse financial or operational impact solely due to the disposal of this writ petition.

Asian Hotels (North) Ltd announced the appointment of Mr. Sunil Upadhyay as the new Chief Financial Officer (CFO) of the company, effective October 05, 2026. This decision was approved by the Board of Directors during their meeting held on the same date, following recommendations from the Nomination and Remuneration Committee. Mr. Upadhyay brings over 27 years of experience, including 25 years in Project Finance for a Government of India undertaking. He previously served as CFO of Asian Hotels (North) Ltd for approximately two years and has since been associated with the company as Chief Manager – Corporate Affairs.

Asian Hotels (North) Ltd has announced the closure of its trading window for dealing in the company's shares. This closure is effective from October 01, 2026, and will continue until 48 hours after the declaration of the un-audited financial results for the quarter and half-year ended September 30, 2026. The company has informed all designated persons about this restriction, emphasizing that trading by them and their relatives is prohibited during this period as per SEBI (Prohibition of Insider Trading) Regulations, 2015.

Asian Hotels (North) Limited has officially filed its 45th Annual Report for the financial year 2025-26. The company has completed the electronic dispatch of the Annual Report and the Notice of the 45th Annual General Meeting to its shareholders on September 4, 2026. The report is also available on the company's official website, www.asianhotelsnorth.com, providing shareholders and stakeholders with comprehensive information on the company's performance and governance.

Asian Hotels (North) Limited has announced the details for its 45th Annual General Meeting (AGM), scheduled for Tuesday, September 29, 2026, at 11:30 a.m. The meeting will be conducted via Video Conference (VC)/Other Audio Visual Means (OAVM). The company has also set the cut-off date for e-voting as Tuesday, September 22, 2026. Remote e-voting will be open from Saturday, September 26, 2026, 9:00 a.m. to Monday, September 28, 2026, 5:00 p.m. Furthermore, the Register of Members and Share Transfer Book will be closed from Wednesday, September 23, 2026, to Tuesday, September 29, 2026, inclusive, for the AGM.

Asian Hotels (North) Ltd has announced the appointment of Ms. Gauri Dhawan as the Head of Marketing, PR and Branding, effective September 01, 2026. This appointment was approved by the Board of Directors via a circular resolution on August 25, 2026, based on the recommendation of the Nomination and Remuneration Committee. Ms. Dhawan brings extensive experience in fashion and lifestyle marketing, with expertise in brand strategy, PR, influencer marketing, digital marketing, and creative direction, having worked with luxury Indianwear and lifestyle brands.

Consolidated net loss narrowed to ₹3.54 Cr in Q1 FY27 from ₹13.55 Cr a year earlier, even as revenue from operations grew 10.5% YoY to ₹77.63 Cr (₹70.29 Cr in Q1 FY26). Standalone tells the same story (loss ₹3.54 Cr on identical revenue) since the sole subsidiary, AHNL Realty, has no minority interest and adds negligible variance to either line. Sequentially, revenue fell 24.6% from ₹102.91 Cr in the seasonally stronger Q4 FY26, and the swing from a ₹31.99 Cr Q4 profit to this quarter's loss looks worse than it is: Q4 FY26 carried a ₹7.94 Cr exceptional charge fully offset by a one-off ₹33.34 Cr deferred-tax credit that pushed that quarter into profit, whereas this quarter has no exceptional items and only a ₹1.19 Cr deferred-tax credit — the QoQ decline is largely a base effect, not fresh operating deterioration. Net margin improved to -4.5% from -19.2% a year ago, an expansion of roughly 14.7 points, driven by the pre-tax operating loss narrowing to ₹4.73 Cr from ₹8.20 Cr YoY as revenue grew faster than food & beverage and employee costs, while finance costs fell to ₹14.12 Cr from ₹18.51 Cr — helped by the ₹764.94 Cr equity infusion the company completed, which the notes say has cut debt and improved liquidity. No analyst consensus estimates for this small-cap turned up in a web search, and neither our records nor the filing carry any prior management guidance for the quarter, so both vs-street and vs-guidance verdicts are unknown/no formal outlook on record. The results were approved alongside the re-appointment of Krishna Kumar Acharya as Executive Director for a further two years (Aug 12, 2026–Aug 11, 2028). Two developments outside the quarter itself are relevant context: CFO Sachin Goel resigned on Jul 8, 2026, ahead of this filing, and on Aug 5, 2026 the company disclosed it must deposit ₹159.66 Cr to secure release of the Hyatt Regency Delhi title deeds — a legal/collateral matter that sits alongside the filing's going-concern note (current liabilities still exceed current assets, with management citing the equity infusion and 'significant improvement in operating performance' as the basis for continuing as a going concern).

Asian Hotels (North) Ltd announced its un-audited financial results for the quarter ended June 30, 2026, on a standalone and consolidated basis. The Board of Directors approved these results following a recommendation from the Audit Committee. The company also announced the re-appointment of Mr. Krishna Kumar Acharya as Whole-time Director for a further term of two years, subject to shareholder approval. Additionally, the Annual General Meeting is scheduled for September 29, 2026, to be held via Video Conferencing and Other Audio Visual Means.

Asian Hotels (North) Ltd announced the re-appointment of Mr. Krishna Kumar Acharya as Whole-time Director, designated as Executive Director, for a further term of two years from August 12, 2026, to August 11, 2028. This decision was approved by the Board of Directors at a meeting held on August 10, 2026, based on the recommendation of the Nomination and Remuneration Committee. The re-appointment is subject to shareholder approval within three months. The board meeting also approved the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026, along with the limited review report. Additionally, the Annual General Meeting is scheduled for September 29, 2026.