Asian Hotels (West) Limited has informed the Exchange regarding 'the Meeting of Board of the Company scheduled to be held on Wednesday, 2nd July, 2025 interalia to consider and approve Audited Financial Results (Standalone and Consolidated) for the quarter and year ended 31st March 2025, it is here by informed that since the Audit Committee Meeting scheduled on the same day for considering and approving the Audited Financial Results (Standalone and Consolidated) for the quarter and year ended 31st March 2025 could not be held due to lack of quorum and is accordingly adjourned till further notice, the Board Meeting scheduled thereafter interalia for the same agenda also could not be held and is now postponed to be held after the approval of the financial results by the Audit Committee.'.
AHLWEST · price
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The company informed exchanges that the Board Meeting scheduled for 2nd July 2025 to consider and approve the Audited Financial Results (Standalone and Consolidated) for the quarter and year ended 31st March 2025 did not take place. The reason given is that the Audit Committee meeting, which was scheduled earlier the same day to approve the same results, could not be held due to lack of quorum and was adjourned. Consequently, the Board Meeting was also postponed and will now be held only after the Audit Committee approves the financial results. The next date for the Board Meeting will be communicated later. The trading window for dealing in the company's shares remains closed until 48 hours after the declaration of results.
This is a procedural delay, not a reflection on financial performance, but it may cause a short-term overhang as investors wait for the FY25 results. A lack of quorum at the Audit Committee is a governance red flag that shareholders should monitor, though it could simply be an administrative scheduling issue.