Allotment of 28 lakh shares to Elana Holdings at Rs 330 each
ASIANHOTNR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and in line with its Hotels & Resorts peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Asian Hotels (North) allotted 28,01,018 equity shares at Rs. 330 each (premium of Rs. 320 over face value of Rs. 10) to Elana Holdings Pte. Ltd. on a preferential basis, raising about Rs. 92.43 crores. Elana Holdings stake rises from 15.52 percent to 24.68 percent. Paid-up equity capital increased from Rs. 23.03 crores to Rs. 25.83 crores. Shareholders had approved this at an EGM on November 8, 2025. The newly issued shares will be listed in due course.
Foreign strategic investor Elana Holdings increases stake to 24.68 percent, signaling confidence. Existing shareholders face dilution from preferential issuance.