News for Asian Hotels (East) Limited (AHLEAST.NS)

Asian Hotels (East) Limited, a prominent luxury hotel chain, achieved a net profit in Q4 and demonstrated robust performance in FY23, showcasing growth in both net profit and total income

NOTICES Notice No. 20221003-58 Notice Date ... | October 3, 2022

The Delhi bench of the National Company Law Tribunal admitted the company on September 16 and appointed Sapan Mohan Garg as an interim resolution professional, according to an order posted on its website. Yes Bank, the sole banker to the hotel, sold its entire ₹282 crore debt to JM Financial ARC at an uncontested Swiss auction held on June 20, said a person aware of the transaction.

Experts expect demand drivers to prove sustainable over the next couple of years and are positive about the prospects of the industry

Sensex and Nifty were in the green after having opened with losses earlier in the day.

Nifty futures were trading 51 points or 0.32 per cent up at 15,821 on Singaporean Exchange, suggesting a positive opening for BSE Sensex and Nifty 50 on Wednesday

Trends on SGX Nifty indicate a positive opening for the index in India with a 40 points gain.

Check out the companies making the biggest headlines before the opening bell.