Latest news about Asian Hotels (East)
Asian Hotels (East)
135.38
-0.44(-0.32%)
Company Performance:
View Company Insights1D-0.32%
1M-5.48%
6M-15.40%
1Y-13.41%
5Y-25.27%
More news about Asian Hotels (East)
09Jul 26
Asian Hotels (East) Q4FY26 profit, qualified audit opinion
Asian Hotels (East) Limited reported a standalone net profit of ₹764.77 lakh for Q4FY26 and ₹2,768.89 lakh for the full year FY26, while consolidated results reflected a net loss of ₹5,864.04 lakh driven by a goodwill impairment of ₹6,213.06 lakh. Statutory auditors Singhi & Co. issued a qualified opinion due to non-provision of impairment for investments in subsidiary GJS Hotels Limited and uncertainty regarding the recoverability of interest income from Asian Hotels (West) Limited. The company is also involved in tax disputes involving demands of ₹13,927.73 lakh and ₹1,770.67 lakh.
24Jun 26
Promoter Arun Kumar Saraf to acquire 11.72% stake via gift
Promoter Arun Kumar Saraf will acquire 20,26,520 equity shares representing 11.72% of Robust Hotels Limited via a gift from Mrs. Ratna Saraf on or before June 30, 2026. The inter-se transfer is exempt from open offer regulations under SEBI SAST, increasing the acquirer's holding to 11.80% and the promoter group's total to 53.91%.
10Jun 26
Asian Hotels (East) to transfer unclaimed shares to IEPF
Asian Hotels (East) Limited announced the transfer of unclaimed dividends for FY19 and corresponding shares to the IEPF on September 10, 2026. Shareholders have until August 31, 2026, to claim these assets. Post-transfer, share certificates will be cancelled, and voting rights frozen until recovery from the IEPF Authority.
31May 26
Asian Hotels (East) delays Q4FY26 results, reappoints director
Asian Hotels (East) Limited has deferred the approval of its audited standalone and consolidated financial results for Q4 and FY26 following advice from statutory auditors M/s Singhi & Co. The auditors identified matters regarding the company's investment in a wholly-owned subsidiary that require further examination, prompting the Audit Committee to withhold its recommendation. Consequently, the Board could not approve the results within the regulatory timeline. Separately, the Board reappointed Mr Sandipan Chakravortty as Independent Director for a second term of five years, effective from 10th August, 2026, subject to shareholder approval.
22May 26
Asian Hotels (East) board to meet on May 28 for FY26 results
Asian Hotels (East) Limited will hold a board meeting on May 28, 2026, to approve audited standalone and consolidated financial results for Q4 and FY26. The board will also consider recommending a dividend for FY26. The trading window for insiders remains closed until 48 hours post-results declaration.
14Apr 26
Asian Hotels (East) Limited Confirms Non-Large Corporate Status as of March 31, 2026
Asian Hotels (East) Limited has notified BSE and NSE that it remains outside the Large Corporate classification as of March 31, 2026, in compliance with SEBI Circular dated October 19, 2023. The confirmation was submitted on April 14, 2026, by Chief Legal Officer Saumen Chatterjee, ensuring regulatory transparency and stakeholder awareness of the company's current classification status.
10Apr 26
Asian Hotels (East) Limited Submits Q4FY26 Compliance Certificate Under SEBI Regulations
Asian Hotels (East) Limited submitted its Q4FY26 compliance certificate under SEBI Regulation 74(5) to BSE and NSE on April 8, 2026. The certificate, issued by Registrar KFin Technologies Limited, confirms proper handling of dematerialization requests during January-March 2026 period. This filing represents standard regulatory compliance for the Kolkata-based hospitality company that operates Hyatt Regency Kolkata Hotel.
24Mar 26
Asian Hotels (East) Limited: Arun Kumar Saraf to Acquire 11.72% Stake Through Gift Transfer
Arun Kumar Saraf, promoter of Asian Hotels (East) Limited, will acquire 20,26,520 shares (11.72% stake) from Mrs. Ratna Saraf through gift transfer by March 31, 2026. The transaction, conducted under SEBI SAST exemption provisions, will increase his shareholding from 0.08% to 11.80% and raise the combined promoter group holding from 42.19% to 53.91%.
13Feb 26
Asian Hotels (East) Reports Strong Q3FY26 Performance Despite Auditor Concerns Over Subsidiary
Asian Hotels (East) Limited reported strong standalone Q3FY26 results with net profit of Rs 1,073.06 lakhs, up 30.1% from Rs 824.58 lakhs in Q3FY25, and revenue growth of 19.6% to Rs 3,892.95 lakhs. However, auditors issued qualified opinions citing concerns over Rs 1,260.25 lakhs exposure to subsidiary GJS Hotels, which faces government order to vacate Odisha premises. Consolidated results showed net loss of Rs 5,263.26 lakhs due to exceptional items including Rs 6,213.06 lakhs goodwill impairment, while subsidiary Novak continues Hyatt Regency Mumbai acquisition process.
13Feb 26
Asian Hotels (West) Limited Reports Q3 FY26 Loss Amid Auditor Concerns Over Saraf Group Borrowing
Asian Hotels (West) Limited reported a standalone net loss of ₹88.48 lakhs for Q3 FY26, showing improvement from ₹2,166.71 lakhs loss in Q3 FY25. However, auditors J.C. Bhalla & Co. expressed adverse opinions citing disputes over ₹39,000 lakhs borrowing from Saraf Group, including unrecognized interest of ₹7,088.63 lakhs. On consolidated basis, the company posted ₹2,165.37 lakhs profit with revenue of ₹11,082.28 lakhs, driven by subsidiary performance.
30Jan 26
Asian Hotels (East) Limited Board Meeting Scheduled for February 13, 2026 to Consider Q3FY26 Financial Results
Asian Hotels (East) Limited has scheduled a board meeting for February 13, 2026, to consider and approve unaudited standalone and consolidated financial results for Q3 and nine months ended December 31, 2025. The company issued the notice on January 30, 2026, under Regulation 29 of SEBI Listing Regulations. Trading window restrictions are in effect from January 1, 2026, for promoters, designated persons, and their relatives, continuing until 48 hours after results declaration.
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