Asian Hotels allots 1.03 cr shares to Elana Holdings at Rs 330 - Rs 339.92 cr raised
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 0.6 pts more than Nifty Microcap 250 and 1.9 pts more than 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) has allotted 1.03 crore equity shares to Elana Holdings Pte. Ltd. at Rs 330 per share (including Rs 320 premium), aggregating to Rs 339.92 crores on a preferential basis. Elana Holdings stake rises from 39.83 percent to 54.37 percent, giving it majority control. Paid-up equity capital increased from Rs 32.33 crores to Rs 42.63 crores. Shareholder approval was obtained on November 8, 2025.
Elana Holdings gains majority control at 54.37 percent. No public offer, so no immediate dilution for existing retail shareholders.