Asian Hotels
This hotel stock zoomed 77% in 9 days; hit multi-year high on Jan 1
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.
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YES Bank transfers invoked shares of 7 cos including Dish TV to JC Flowers
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
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Hyatt shutdown fallout: 2 independent directors of Asian Hotels West resign
Raj Kumar Bhargava and Lalit Bhasin cite refusal of Chairperson to convene Board meeting to discuss acute financial crises of the company
Hyatt Regency Mumbai shuts operations indefinitely due to lack of funds
Asset owner Asian Hotels facing financial crunch, defaults on loan repayment
Sushil Kumar Gupta resigns as chairman, managing director of Asian Hotels
His resignation has been accepted by the board of directors of the company, the company said
RBI restricts NRIs to buy more shares in Asian Hotels (West)
Stocks of Asian Hotels (West) closed 6.26 per cent down at Rs 167.70 on BSE today
