BSECompany Update5 Aug 2026 · 5 Aug 2026, 09:31 pm

Intimation under Regulation 30 of SEBI (LODR) Regulation, 2015 regarding Court Order is attached

Asian Hotels (North) Ltd · 500023

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Asian Hotels (North) Ltd has received a court order from the Hon'ble Delhi High Court, which has disposed of interim applications in two commercial suits. The court has directed DBS Bank India Limited to release the original title deeds and other security documents relating to Hyatt Regency, Bhikaji Cama Place, New Delhi, to Asian Hotels North Limited, subject to a deposit of ₹1,59,66,05,228 with the Registrar General of the Delhi High Court within four weeks. The company has stated that the release of these documents will not have any material financial or operational impact on the company.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10

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Asian Hotels (North) Ltd - 500023 - Intimation Under Regulation 30 Of SEBI (LODR) Regulations 2015

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AHNL/CS/1013/2026 August 05, 2026 Corporate Services Department Listing Department BSE Ltd. National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor Dalal Street Plot No. C/1, G Block Mumbai- 400 001 Bandra-Kurla Complex, Bandra (E) Mumbai – 400 051 Scrip Code/Scrip ID: 500023/ASIANHOTNR Symbol: ASIANHOTNR Subject: Intimation pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir/Madam, Pursuant to the provisions of Regulation 30 read with sub-para 20, Part A, Part A, Schedule III of the Listing Regulations, we hereby make the following submission: (i) Name of the Authority Hon’ble High Court of Delhi, New Delhi (ii) Nature and details of the action(s)taken, The Hon'ble Delhi High Court disposed of the interim initiated or order(s) passed; applications in CS(COMM) 376/2026 (Asian Hotels North Limited v. Exclusive Capital Limited & Ors.) and the connected matter CS(COMM) 1360/2025 (Exclusive Capital Limited v. Clover Media Private Limited & Ors.). The Court, after examining the Inter-Corporate Loan Agreement, the subsequent assignment of debt and the One-Time Settlement (OTS), held that Asian Hotels North Limited (AHNL) has established a strong prima facie case and that the balance of convenience lies in its favour. The Court directed DBS Bank India Limited to release and physically hand over the original title deeds and other security documents relating to Hyatt Regency, Bhikaji Cama Place, New Delhi to AHNL, subject to the condition that AHNL deposit Rs. 1,59,66,05,228/- with the Registrar General of the Delhi High Court within four weeks. The deposited amount shall be kept in an interest-bearing fixed deposit and shall remain subject to the final outcome of the suit. Upon proof of such deposit, DBS Bank India Limited shall release the original title deeds and other OWNERS OF: security documents to AHNL within one week. The Court further clarified that all observations and findings contained in the order are prima facie in nature and shall not influence the final adjudication of the suits on their merits. (iii) Date of receipt of direction or order, including Court Order dated August 03, 2026 received by us on any ad-interim or interim orders, or any other August 05, 2026 communication from the authority (iv) Details of the violation(s) The proceedings do not involve a finding of any violation /contravention(s)committee or alleged to be or contravention by the Company. The Hon'ble Delhi committed; High Court, while disposing of the interim applications in the pending commercial suits, directed that the original title deeds and other security documents relating to Hyatt Regency, Bhikaji Cama Place, New Delhi be released by DBS Bank India Limited to Asian Hotels North Limited (AHNL) subject to the condition as provided in clause (ii) of this table. The Court clarified that all findings are prima facie in nature and shall not influence the final adjudication of the suits on merits. (v) Impact on financial, operation or other Since the original title and ownership documents relating activities of the listed entity, quantifiable in to the Hyatt Regency Hotel property situated at Bhikaji monetary terms to the extent possible. Cama Place, New Delhi are proposed to be released by DBS Bank India Ltd. and the release of these documents will not have any material financial or operational impact on the Company. In terms of the Order, the Company is required to deposit ₹1,59,66,05,228 with the Registrar General of the Delhi High Court within four weeks. The deposited amount shall be kept in an interest-bearing fixed deposit and shall remain subject to final outcome of the suit. Yours faithfully, For Asian Hotels (North) Limited Kriti Narula Sehgal Company Secretary & Compliance Officer Membership No. A 18422 OWNERS OF: