Asian Hotels (North) Limited has informed the Exchange regarding allotment of 10300716 equity shares vide Circular Resolution approved by the Board of Directors on February on February 03, 2026
ASIANHOTNR · price
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Asian Hotels (North) Limited has allotted 10,300,716 equity shares through a Circular Resolution approved by the Board of Directors on February 03, 2026. The company has informed the stock exchange about this share allotment. No details regarding the issue price, purpose of the allotment, or the identity of allottees have been disclosed in this filing. The exact nature of the allotment (whether preferential, conversion, or otherwise) is not specified in the available text.
Share dilution of 10.3 million shares may impact existing shareholders depending on the price and purpose of the allotment. Without further details on pricing and the reason for issuance, investors should monitor for follow-up disclosures to understand the capital-raising or conversion context.