Asian Hotels (North) Limited has received trading approval from both BSE Limited and National Stock Exchange of India Limited for 2,31,80,000 equity shares issued on preferential basis. The approvals, granted on March 20, 2026, enable trading of these shares from March 23, 2026.

Trading Approval Details

The company received comprehensive trading approvals from both major stock exchanges for its preferential share issue:

Exchange Notifications and Documentation

BSE Limited issued approval letter LOD/PREF/SV/357/2025-2026 dated March 20, 2026, while National Stock Exchange provided approval through letter NSE/LIST/53997 dated March 20, 2026. Both exchanges confirmed the shares are listed and admitted to dealings with the symbol ASIANHOTNR.

The preferential shares rank pari-passu with existing equity shares of the company. BSE issued Notice No. 20260320-24 to inform trading members about the new securities listing.

Allotment Schedule and Lock-in Provisions

The preferential shares were allotted across multiple dates with specific lock-in arrangements:

Regulatory Compliance and Market Integration

The trading approval represents the final step in the preferential share issuance process, following earlier listing approvals received on March 6, 2026. The company has maintained full compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

National Stock Exchange emphasized that all future critical and price-sensitive information submissions must be made through NEAPS (NSE Electronic Application Processing System) for efficient processing. The exchange has also launched a mobile application for listed entities to track submission status and monitor compliance requirements.

The successful completion of trading approvals enables immediate market participation for the preferential shares, providing liquidity to investors while maintaining appropriate lock-in restrictions until March 30, 2027.

Asian hotels (north) Limited has announced the completion of an Independent Director's tenure, marking a significant board transition for the hospitality company.

Director Term Completion Details

The company informed stock exchanges on March 13, 2026, that Mr. Deena Nath Pathak's second and final term as Independent Non-Executive Director will conclude on March 15, 2026. Mr. Pathak, who holds DIN: 02104727, will cease to be a director with effect from the closure of business hours on March 15, 2026.

Regulatory Compliance

The intimation was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, in its disclosure.

The notification was sent to both major stock exchanges where the company's shares are listed:

• BSE Limited: Scrip Code 500023/ASIANHOTNR
• National Stock Exchange: Symbol ASIANHOTNR

Corporate Communication

The formal intimation was signed by Tarun Srivastava, Company Secretary & Compliance Officer, on March 13, 2026. The company provided the required annexure detailing the reason for change, cessation date, and other regulatory particulars as mandated under the listing regulations.

This board transition represents the natural conclusion of Mr. Pathak's maximum permissible tenure as an Independent Director under corporate governance norms, which typically limit independent directors to two consecutive terms.