Asian Hotels (East) Limited will hold its 19th Annual General Meeting (AGM) on Thursday, August 27, 2026, at 11:00 a.m. via video conferencing. The meeting is convened in compliance with the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders are required to cast their votes electronically, with detailed instructions provided in the AGM notice. This procedural update ensures shareholders can participate in the governance process remotely while adhering to regulatory mandates for corporate disclosures.

The company has mandated a book closure period for its Register of Members and Share Transfer Books from Saturday, August 22, 2026, to Thursday, August 27, 2026, both days inclusive. This closure is necessary to determine the list of eligible shareholders entitled to attend and vote at the AGM. Pursuant to Section 91 of the Companies Act, 2013, and Regulation 42 of the SEBI (LODR) Regulations, 2015, no transfers of shares will be processed during this window. Investors holding physical shares must ensure their holdings are registered before the closure begins.

Electronic copies of the Notice of the 19th AGM and the Annual Report for the financial year ended 2025-26 have been sent to all shareholders with registered email addresses. For those who have not registered their email IDs with the company or their depository participants, a letter containing the web-link to access these documents has been dispatched, as required under Regulation 36(1)(b) of the SEBI (LODR) Regulations, 2015. The documents are also available on the company’s website, www.ahleast.com , as well as on the BSE and NSE portals.

Shareholders who prefer physical copies of the notice and annual report may request them from the company. The management emphasizes that e-voting facilities, including remote e-voting and voting during the AGM, are available to all eligible shareholders. The specific timeline for remote e-voting will be detailed in the official notice, ensuring transparency and ease of participation for all investors.

The AGM agenda includes the transaction of businesses set forth in the notice, which typically involves the approval of financial statements, declaration of dividends, and appointment of auditors. As the company operates the Hyatt Regency Kolkata Hotel, its governance proceedings reflect standard practices for listed hospitality entities in India. Shareholders are advised to review the annual report carefully to understand the operational and financial performance of the entity for the preceding fiscal year.

Key Dates and Details

Regulatory Compliance

The convening of the AGM and the associated book closure are governed by strict regulatory frameworks. The company has complied with Regulation 30 and Regulation 47(1) of the SEBI (LODR) Regulations, 2015, by publishing advertisements in "Business Standard" (English) and "Ekdin" (Bengali) newspapers. These advertisements inform stakeholders about the AGM details, e-voting information, and book closure period. The Chief Legal Officer & Company Secretary, Saumen Chatterjee, has certified the submission of these advertisements to the stock exchanges, ensuring full adherence to listing obligations.

Asian Hotels (East) Ltd has moved to acquire the Hyatt Regency Mumbai hotel from Asian Hotels (West) Ltd through its wholly owned subsidiary, Novak Hotels Pvt Ltd. The company exercised the Buy Option under a Framework Agreement originally dated 11th August, 2023, to finalize the acquisition. This strategic expansion marks a significant development in the company's asset portfolio.

The transaction was disclosed to the stock exchanges pursuant to Regulation 30 of the Listing Regulations, 2015. The agreement, which has been amended since its inception, provided the mechanism for the subsidiary to purchase the property. The specific financial details of the transaction were not disclosed in the regulatory filing.

Key Transaction Details

The acquisition involves the transfer of ownership of a prominent hospitality asset in Mumbai. The following table outlines the key entities involved in the transaction:

The filing was submitted by Saumen Chatterjee, Chief Legal Officer & Company Secretary of Asian Hotels (East) Ltd. The disclosure was made to both BSE Limited and the National Stock Exchange of India Ltd for public dissemination. The exercise of the option signifies the execution of the company's strategic plan to expand its hotel holdings.