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.

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.

Asian Hotels (North) Limited has appointed Ms. Karishma Kaur Gill as Additional Independent Non-Executive Woman Director, effective December 16, 2025. The appointment was formalized through Circular Resolution No. 11/2025-26, following recommendations from the company's Nomination and Remuneration Committee.

Appointment Details

The Board of Directors approved Ms. Gill's appointment to serve as an Additional Director in the capacity of Independent Non-Executive Woman Director. This appointment aligns with the requirements of the Companies Act, 2013 and SEBI Listing Regulations.

Professional Background

Ms. Karishma Kaur Gill brings relevant professional experience to her new role. She is a graduate with additional qualifications including a diploma in Business Analysis. Her professional background includes experience as a freelancer in corporate and social events.

Ms. Gill has accumulated four years and six months of experience as a Public Relations Manager, providing her with valuable insights into corporate communications and stakeholder management.

Regulatory Compliance

The appointment fulfills the company's regulatory obligations under various corporate governance frameworks. The company has confirmed that Ms. Gill is not related to any existing director of the company in terms of Section 2(77) of the Companies Act, 2013, ensuring her independence.

The appointment requires shareholder approval, which must be obtained within three months of the appointment date. This timeline aligns with standard corporate governance practices for director appointments.

Corporate Governance Enhancement

This appointment strengthens Asian Hotels (North) Limited's board composition by adding an independent woman director, enhancing diversity and governance standards. The addition of Ms. Gill's expertise in public relations and business analysis is expected to contribute to the company's strategic decision-making processes.

The company has notified both BSE Limited and National Stock Exchange of India Limited about this appointment under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, ensuring full transparency with stakeholders and regulatory compliance.