Full default on INR 708.81 crore of bank loans
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 2.7 pts less than Nifty Microcap 250 and 1.7 pts less 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) disclosed that, as of September 30, 2025, the entire INR 708.81 crore outstanding under bank loans and revolving facilities was in default. No unlisted debt securities were outstanding, and total financial indebtedness was INR 708.81 crore.
Full default signals severe liquidity and credit stress, raising refinancing and recovery concerns for shareholders.