Promoters of Asian Hotels (West) seek to revive Hyatt Regency, located opposite Mumbai airport, by withdrawing it from bankruptcy proceedings. They have entered into an agreement with a shareholder to pay all creditors without any haircuts. If 90% of creditors vote in favour, the hotel will be reviv…

Hyatt Regency promoters seek to revive hotel, exit bankruptcy process

Asian Hotels (West), which operates 5-star deluxe hotel Hyatt Regency in Mumbai, has received resolution plans from six prospective resolution applicants

Six applicants submit resolution plans for bankrupt Hyatt Regency

Asian Hotels (East) Limited, a prominent luxury hotel chain, achieved a net profit in Q4 and demonstrated robust performance in FY23, showcasing growth in both net profit and total income

Asian Hotels (East) Records Profit in Q4 and Strong FY23 Performance in the Hospitality Sector

The deadline for submission of resolution plans for Asian Hotels (West), which runs Hyatt Regency Mumbai, has been extended by a month to May 6, at the request of the prospective resolution applicants.

Deadline for submitting resolutions plans for Hyatt Mumbai extended by a month

Asian Hotels (North) Ltd, Vineet Laboratories Ltd, Shree Ganesh Remedies Ltd Partly Paidup and Nahar Polyfilms Ltd are among the other gainers in the BSE’s ‘B’ group today, 13 March 2023.

AYM Syntex Ltd leads gainers in ‘B’ group

The listed Asian Hotels (West), which operates Hotel Hyatt Regency near Mumbai airport, was admitted for corporate insolvency proceeding last September. K Raheja Group’s entity Unique Estate Development submitted an EoI, while the other applicants include GVPR Engineers, Jindal Power, and two consor…

Seven entities in race to acquire Asian Hotels (West)

Raheja Realty among seven prospective applicants for Asian Hotels

Asian Hotels (North) reports consolidated net loss of Rs 16.89 crore in the December 2022 quarter

YES Bank has transferred invoked shares of seven companies, including Dish TV, Asian Hotels (North) and Avantha Realty, to JC Flowers Asset Reconstruction, which has been assigned to recover debt worth over Rs 48,000 crore of the private sector lender

Stocks in the news: YES Bank, IRCTC, India Cements, Droneacharya Aerial, Landmark Cars & Lupin

Yes Bank has transferred invoked shares of seven companies, including Dish TV, Asian Hotels (North) and Avantha Realty, to JC Flowers Asset Reconstruction, which has been assigned to recover debt worth over Rs 48,000 crore of the private sector

YES Bank transfers invoked shares of 7 cos including Dish TV to JC Flowers

The shares of Asian Hotels and Accelya Solutions India will remain to be the subject of attention tomorrow, October 6, as they have attractive corporate announcements amid the uptrend patterns of the Nifty and Sensex.

2 small-cap stocks in focus on October 6 for 450% dividend and 1:2 bonus shares

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Asian Hotels (East) Limited is a holding company. The Company is engaged in the hotel business through Hyatt Regency Kolkata, a hotel situated in the city of Kolkata.