Asian Hotels (North) Limited has informed the Exchange regarding re-appointment of M/s. Agarawal U R S & Co. as Internal Auditors of the company for the Financial Year 2026-27

Asian Hotels (North) Limited, operator of Hyatt Regency Delhi, reported its audited FY2025-26 results along with several leadership and governance updates at its May 28, 2026 board meeting. Revenue from operations grew 20% to Rs 38,208 lakhs from Rs 31,819 lakhs, but the company posted a net loss of Rs 10,226 lakhs after accounting for exceptional items including Rs 10,496 lakhs in financial charges related to debt default. The company resolved a massive Rs 5,933 crore borrowing default by issuing 2.32 crore equity shares at Rs 330 per share (raising Rs 7,649 crore), fully repaying outstanding borrowings with interest and penal interest. CFO Sunil Upadhyay resigned effective May 31, 2026, and will be replaced by Sachin Goel (Director of Finance) from June 1. CEO Dr. Arun Gopal Agarwal was re-appointed for one year, and Ms. Kriti Narula Sehgal was appointed Company Secretary. The board also re-appointed M/s Agarwal U R S & Co. as internal auditors for FY2026-27. The statutory auditor issued an unmodified opinion but flagged material uncertainty regarding the company's ability to continue as a going concern, noting current liabilities exceed current assets.