Asian Hotels (North) Limited has announced a Board Meeting on January 16, 2026, to evaluate a proposal for raising up to INR 300 crore through private placement of non-convertible debentures. The company has also confirmed the closure of its trading window from January 1, 2026, under insider trading regulations.
Asian Hotels (North) Limited has formally notified the stock exchanges about an upcoming Board Meeting scheduled for Friday, January 16, 2026. The meeting will focus on evaluating a significant fundraising proposal alongside other matters permitted under applicable laws.
The company plans to consider raising funds through the issuance of unlisted, senior, secured, redeemable nonconvertible debentures on a private placement basis. This move aligns with its strategic financing and capital management objectives.
Key Highlights
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Board Meeting scheduled for January 16, 2026, to deliberate on fundraising and other permissible matters
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Proposal includes issuance of 3,000 unlisted, senior, secured, redeemable nonconvertible debentures
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Each debenture carries a face value of INR 10,00,000, aggregating up to INR 300 crore
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Fundraising to be executed through private placement
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Trading window for company securities closed from January 1, 2026
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The trading window closure applies to employees and connected persons as defined under the company’s Code of Conduct, ensuring regulatory compliance and transparency ahead of the Board’s consideration.
Sources: Asian Hotels (North) Limited's Stock Exchange Disclosure