Asian Hotels

Shares of Asian Hotels (North) were locked in the upper circuit for the 7th straight trading day, up 5 per cent at Rs 334.35 on the BSE in Wednesday's intra-day trade.

Stocks to watch on May 23, 2023: Amara Raja Batteries, Ashok Leyland, Biocon and NMDC among prominent companies to announce Q4 results on Tuesday

Yes Bank has transferred invoked shares of seven companies, including Dish TV, Asian Hotels (North) and Avantha Realty, to JC Flowers Asset Reconstruction, which has been assigned to recover debt worth over Rs 48,000 crore of the private sector lender. The invoked equity shares held by Yes Bank aggregating to 44,53,48,990, representing 24.19 per cent of the total share capital of Dish TV India, have now been transferred to JC Flowers Asset Reconstruction Pvt Ltd, the lender said in a regulatory filing on Thursday. The transfer of invoked shares is pursuant to assignment of loans sanctioned by the bank to Essel group companies (in respect of which default is subsisting and pledge on company's shares was invoked by Yes Bank), it added. Besides, it has transferred 14,02,991 shares, representing 7.21 per cent of the total share capital of Asian Hotels (North) to the asset reconstruction company (ARC), the bank said in a separate filing. In the case of Avantha Realty, Yes Bank said it h

Stocks to Watch Today: In the F&O space, Ambuja Cements, Can Fin Homes, Delta Corp, Escorts, PVR and RBL Bank are in F&O ban period on Thursday.

Raj Kumar Bhargava and Lalit Bhasin cite refusal of Chairperson to convene Board meeting to discuss acute financial crises of the company

Asset owner Asian Hotels facing financial crunch, defaults on loan repayment

His resignation has been accepted by the board of directors of the company, the company said

Stocks of Asian Hotels (West) closed 6.26 per cent down at Rs 167.70 on BSE today