Asian Hotels (West) Ltd

Asian Hotels (West) Limited: Trading window closed from 1 October 2026 till 48 hours after the declaration of unaudited financial results for the quarter ended 30 September 2026

Transaction details

• Target: Asian Hotels (West) Limited.
• Acquirer: Sandeep Gupta; PACs: Gunjan Jain, Madhu Jain, Renu Arun Aggarwal, Chaman Lal Gupta And Sons HUF.
• Acquirer belongs to Promoter Group.
• Exchanges: BSE and NSE.
• Pre-acquisition warrants: 13,49,358 (11.58%).
• Acquired voting rights: 9,51,141 shares (8.16%).
• Post-acquisition holding: 23,00,499 voting rights (19.74%).
• Mode: Inter-Se Transfer.
• Date: 09.09.2026.
• Equity share capital before/after: 116,512,100 shares.
• Total diluted share capital after: 116,512,100.
• Salient features: NIL.

Transaction overview

• Target Company: Asian Hotels (West) Limited.
• Disclosing Party: Acquirer Sandeep Gupta with PACs Gunjan Jain, Madhu Jain, Renu Arun Aggarwal, Lal Gupta HUF.
• Promoter Group Status: Chaman.
• Pre-Transaction Holding: 950,833 shares (8.16% VR).
• Transaction Type: Acquisition of voting rights.
• Transaction Details: 951,141 shares acquired (8.16%); inter-se; equity shares.
• Post-Transaction Holding: 1,901,974 shares (16.32% VR).
• Date of Transaction: 09.09.2026.
• Share Capital Context: Before/After: 116,512,100; Diluted after: 116,512,100.

Transaction details

• Nature: Inter-se transfer of shares by gift among promoter group under Reg 10(7).
• Acquirer: Sandeep Gupta; PACs: Gunjan Jain, Madhu Jain, Renu Arun Aggarwal.
• Seller: Vinita Gupta; relationship: Mother-Son.
• Date: Acquisition on 09-09-2026.
• Consideration: Gift; no cash consideration.
• Pre-holding: Sandeep Gupta 9,50,833 shares (8.16%); Vinita Gupta 11,51,141 shares (9.88%).
• Post-holding: Sandeep Gupta 19,01,974 shares (16.32%); Vinita Gupta 2,00,000 shares (1.72%).
• PAC post-holdings: Gunjan Jain 1,61,810 (1.39%); Madhu Jain 1,02,215 (0.88%); Renu Arun Aggarwal 49,500 (0.42%).
• Regulatory compliance: 10(7) report filed 17-09-2026; fees Rs 1,77,000 incl. GST.
• Open offer trigger avoided; exemption under 10(7) and 10(1)(a)(i) complied.
• Promoter group status remains; no change in control or management.

Transaction details

• Inter-se transfer of shares by gift among immediate relatives.
• Exemption under Regulation 10(1)(a)(i).
• Acquirer role: individual; Transferor role: individual.
• Shares transferred: 9,51,141 (8.16%).
• Post-transaction: Acquirer holds 19,01,974 shares (16.32%).
• Post-transaction: Transferor holds 2,00,000 shares (1.72%).
• Pre-transaction: Acquirer held 9,50,833 shares (8.16%).
• Pre-transaction: Transferor held 11,51,141 shares (9.88%).
• Method: NIL price gift; no cash consideration.
• No change in control or promoter group indicated.

Transaction details

• Inter-se transfer by gift among immediate relatives.
• Exemption from open offer under Regulation 10(1)(a)(i).
• Acquirer: individual; Transferor: individual.
• Transferred shares: 9,51,141.
• Pre-transaction holdings: acquirer 8.16%, transferor 9.88%.
• Post-transaction holdings: acquirer 16.32%, transferor 1.72%.
• Price: NIL (gift).
• Method: off-market inter-se transfer.