Asian Hotels (East) Limited has announced a delay in the submission of its audited standalone and consolidated financial results for the quarter and financial year ended 31st March, 2026. The decision follows advice from statutory auditors M/s Singhi & Co, who indicated that certain matters relating to the company's investment in its wholly-owned subsidiary require further examination. As a result, the Audit Committee chose not to recommend the draft financial results and statements to the Board, leading the Board to defer their approval.

The company stated that it is taking all necessary steps and will inform the exchanges of the revised date for the board meeting in due course. The inability to submit the results within the prescribed timeline stems directly from the need to complete these audit-related procedures. The meeting of the Board of Directors was held on 30th May, 2026, commencing at 02:30 p.m. and concluding at 06:10 p.m.

Separately, the Board reappointed Mr Sandipan Chakravortty as Independent Director for a second term of five consecutive years. This reappointment is effective from 10th August, 2026 to 9th August, 2031, subject to the approval of shareholders. The decision was based on the recommendation of the Nomination and Remuneration Committee made at its meeting on 28th March, 2026.

The company confirmed that Mr Sandipan Chakravortty satisfies the independence criteria prescribed under the Companies Act, 2013 and the Listing Regulations, 2015. It further verified that he is not debarred from holding the office of director by any order passed by SEBI or other authorities. Shareholder approval for the reappointment will be sought in due course.

Key Disclosures

Asian Hotels (East) Limited has announced that its board meeting is scheduled to be held on Thursday, May 28, 2026. The meeting will be convened to consider and approve the audited standalone and consolidated financial results of the company for the quarter (Q4) and financial year ended March 31, 2026, along with the auditor's report thereon.

Agenda for the Meeting

The board will deliberate on several key business items during the session. The primary focus will be the financial performance for the fourth quarter and the full fiscal year. Furthermore, the directors will consider and recommend a dividend, if any, on the equity shares of the company for the financial year ended March 31, 2026. The meeting will also cover any other matter with the permission of the Chair.

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct and Code of Fair Disclosure, the trading window for dealing in the company's securities has been closed. This restriction applies to the Promoter and Promoter Group, Connected Persons, Designated Persons, and their immediate relatives. The window was closed effective April 1, 2026, and shall remain closed until 48 hours after the declaration of the financial results for the quarter and financial year ended March 31, 2026.

Key Meeting Details