Asian Hotels (North) Limited has informed the Exchange about raising of funds by way of issuance of unlisted, senior, secured, redeemable non-convertible debentures by way of private placement

Asian Hotels (North) Limited has informed the stock exchange about its plan to raise funds through privately placed non-convertible debentures (NCDs). These NCDs will be unlisted, senior in repayment priority, secured against company assets, and redeemable at maturity. Specific details such as the total amount to be raised, coupon rate, maturity period, and the name of the investor(s) have not been disclosed in this headline. The debentures will not be traded on any stock exchange since they are being placed privately with selected investors. This is a debt instrument, meaning the company borrows money and repays it with interest, rather than diluting shareholder equity.