Asian Hotels (West) Ltd

Financial results approved

• Approved unaudited Standalone and Consolidated quarterly results for quarter ended 30 June 2026, with Limited Review.

Liquidity and going concern

• Material going concern uncertainty due to current liabilities exceeding assets at 30 June 2026.
• Standalone current liability gap: Rs 42,358.44 lakh.
• Consolidated current liability gap: Rs 41,865.94 lakh.

Auditor observations

• Auditors adverse conclusion citing framework agreement issues and MCA non-compliance.
• Issues include classification of borrowings and non-compliance with MCA filings.

Regulatory/compliance disclosures

• Framework Agreement with Saraf Group; option to buy Hyatt Regency Mumbai disclosed.
• Security creation over Hyatt Regency Mumbai approved; MCA forms pending.
• Going concern reliance and insolvency settlement under Section 12A of IBC noted.

Meeting Details

• Board meeting scheduled for Friday, 14 August 2026; time and venue not disclosed.

Key Agenda Items

• Approve unaudited standalone and consolidated financial results for the quarter ended 30 June 2026.

Other Notes

• Trading window closed from 1 July 2026 until 48 hours after declaration of audited results.

Demat/Remat processing status

• Demat/remat requests processed and confirmed within 15 days of receipt from depository participants.
• Securities dematerialised/rematerialised listed on stock exchanges where previously issued securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after due verification.
• Depository name substituted as registered owner in the register of members for approved demat requests.
• Certification to depositories and stock exchanges continued in accordance with Regulations.

Asian Hotels (West) Limited – Trading Window Closure from 1st July, 2026 till Forty-Eight (48) hours after the declaration of Un-audited financial results for the quarter ended 30th June, 2026