NSEDisclosure under SEBI Takeover Regulations3d ago · 27 Aug 2026, 12:13 pm
Disclosure under SEBI Takeover Regulations
Asian Hotels (West) Limited · AHLWEST
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Asian Hotels (West) Limited has submitted a disclosure under SEBI Takeover Regulations regarding the proposed inter-se transfer of equity shares by way of gift between immediate relatives, Mr. Sandeep Gupta and Mrs. Vinita Gupta, with Mr. Sandeep Gupta acquiring 9,51,141 equity shares, representing 8.16% of the total share capital.
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Full Announcement
Asian Hotels (West) Limited has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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REGISTERED OFFICE:
6TH FLOOR, ARIA TOWERS, J.W. MARRIOTT,
NEW DELHI AEROCITY, ASSET AREA 4,
HOSPITALITY DISTRICT, NEAR IGI AIRPORT
NEW DELHI 110037
TEL.:011 41597329 FAX: 011 41597321
CIN NO. L55101DL2007PLC157518
WEBSITE: www.asianhotelswest.com
EMAIL : cs@asianhotelswest.com
ASIAN HOTELS(WEST) LIMITED
27th August, 2026
Manager Manager
Listing Department Listing Department
The Bombay Stock Exchange Limited The National Stock Exchange of India
Phiroze Jeejeebhoy Towers Limited
Dalal Street, Fort Exchange Plaza, Bandra Kurla Complex
Mumbai – 400 001 Bandra (East)
Mumbai – 400 051
Scrip Code: 533221 Scrip Code: AHLWEST
Subject: Prior Intimation under Regulation 10(5) of the SEBI (Substantial Acquisition of
Shares and Takeovers) Regulations, 2011 in respect of proposed inter-se transfer of equity
shares by way of gift
Dear Sir/Madam,
Pursuant to Regulation 10(5) read with Regulation 10(1)(a)(i) of the SEBI (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011 (“SAST Regulations”), the Company
hereby give prior intimation regarding the proposed acquisition of equity shares of M/s Asian
Hotels (West) Limited (“Target Company”) by Mr. Sandeep Gupta, from Mrs. Vinita Gupta by
way of an inter-se transfer through gift.
The proposed transfer is being undertaken between immediate relatives, namely, mother and
son, and both the Transferor and Transferee are members of the Promoter Group of the Target
Company.
The proposed acquisition is intended to be undertaken in reliance upon the exemption provided
under Regulation 10(1)(a)(i) of the SAST Regulations.
The details of the proposed acquisition are as follows:
Particulars Details
Name of the Target Company Asian Hotels (West) Limited
ISIN INE915K01010
Name of the Acquirer/Transferee Mr. Sandeep Gupta
Name of the Transferor/Donor Mrs. Vinita Gupta
Relationship between Transferor and
Mother and Son
Transferee
Status of Transferor Promoter Group
Status of Transferee Promoter Group
Mode of acquisition Inter-se transfer by way of Gift
Proposed date of acquisition/transfer 3rd September, 2026
Number of equity shares proposed to be
9,51,141 equity shares
transferred
Percentage of total share capital 8.16% approximately
Price per share Nil – Gift
Total consideration Nil
Regulation 10(1)(a)(i) – inter-se transfer amongst
Applicable exemption
immediate relatives
Pre-acquisition shareholding of Acquirer 9,50,833 equity shares (8.16%)
Post-acquisition shareholding of Acquirer 19,01,974 equity shares (16.32%)
Pre-transfer shareholding of Transferor 11,51,141 equity shares (9.88%)
Post-transfer shareholding of Transferor 2,00,000 equity shares (1.72%)
Also, confirm that the proposed transfer is an inter-se transfer between immediate relatives,
being mother and son, and is proposed to be implemented by way of gift without any monetary
consideration.
The proposed acquisition is therefore being undertaken in reliance upon the exemption available
under Regulation 10(1)(a)(i) of the SAST Regulations, subject to compliance with all applicable
conditions and disclosure requirements prescribed under the SAST Regulations.
Further, confirm that the requisite disclosure under Regulation 10(5) is being made within the
prescribed time prior to the proposed acquisition.
The requisite disclosures under Regulation 10(6), Regulation 10(7), Regulation 29 and other
applicable provisions of the SEBI regulations shall be made/filed within the prescribed timelines,
wherever applicable.
You are requested to kindly take the above intimation on record.
Thanking you,
For Asian Hotels (West) Limited
Nidhi Khandelwal
Company Secretary & Compliance Officer
Copy to: 1. The Acquirer/Transferee – Mr. Sandeep Gupta
2. The Transferor/Donor – Mrs. Vinita Gupta