Asian Hotels (North) Limited Approves ₹300 Crore NCD Issuance at 12.5% Interest Rate

Asian hotels (north) Limited's board of directors has approved a significant fundraising initiative through the issuance of non-convertible debentures worth ₹300 crores. The board meeting, held on January 16, 2026, from 6:00 p.m. to 8:00 p.m. IST, considered and approved this strategic financial move to raise funds through debt instruments.

NCD Issuance Details

The company will issue 3,000 unlisted, senior, secured, redeemable non-convertible debentures on a private placement basis. Each debenture carries a face value of ₹10.00 lakhs, aggregating to a total nominal value of ₹300.00 crores.

Parameter:	Details
Total NCDs:	3,000 units
Face Value per NCD:	₹10.00 lakhs
Total Issue Size:	₹300.00 crores
Issuance Type:	Private placement
Listing Status:	Unlisted

Interest Rate and Tenure Structure

The debentures offer an attractive coupon rate of 12.50% per annum, with interest payments scheduled on a monthly basis. The tenure is set at 2 years from the deemed date of allotment, providing investors with a medium-term investment opportunity.

Financial Terms:	Specifications
Coupon Rate:	12.50% per annum
Interest Payment:	Monthly basis
Tenure:	2 years from deemed date of allotment
Redemption Schedule:	10% at 12 months, 10% at 18 months, 80% at maturity

Security and Collateral Framework

The NCDs will be backed by substantial security arrangements to protect investor interests. The company has pledged prime real estate assets as collateral for these debentures.

Primary Security:

Pari passu first charge on the property consisting of land and building comprising the 5-star Hyatt Regency hotel and commercial block
Located at Main Ring Road, District Center, Bhikaji Cama Place, RK Puram, New Delhi
First pari passu charge on movable fixed assets and current assets

Financial Context and Default Status

As of December 31, 2025, the company reported a default amount of ₹770.12 crores on payment of interest and repayment of principal on loans from banks and financial institutions. This disclosure provides transparency regarding the company's current financial obligations and debt servicing challenges.

Regulatory Compliance

The board's decision was communicated to both BSE Limited (Scrip Code: 500023) and National Stock Exchange of India Limited (Symbol: ASIANHOTNR) in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company secretary Tarun Srivastava signed the regulatory filing, ensuring proper documentation and transparency for stakeholders.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.57%	-3.93%	-3.99%	-12.06%	+6.42%	+309.87%

Asian Hotels (North) Limited has disclosed its total financial debt position, reporting a figure of ₹7.70 billion as of December 31. This financial disclosure provides stakeholders with crucial information about the company's debt obligations and capital structure.

Financial Debt Position

The company's financial debt disclosure reveals the scale of its borrowing commitments as it continues operations in the hospitality sector. The reported debt level of ₹7.70 billion represents the total financial obligations of the company as recorded on December 31.

Financial Parameter:	Amount
Total Financial Debt:	₹7.70 billion
Reporting Date:	December 31

Company Overview

Asian Hotels (North) Limited operates in the hotels and restaurants sector, providing hospitality services across its portfolio of properties. The company's financial disclosures are part of regular reporting requirements that help investors and stakeholders assess the financial health and capital structure of the organization.

Market Context

The debt disclosure comes as part of the company's financial reporting obligations, providing transparency about its financial position to market participants. Such disclosures are essential for stakeholders to understand the company's leverage and financial commitments in the competitive hospitality industry.