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Incorporated in 1987, Advani Hotels and Resorts India Ltd is in the business of hoteliering
Cholamandalam Finance will auction a flat for 68 Lakhs to recover over 80.50 Lakhs in dues. Neo Infracon's AGM will approve 915.60 Lakhs in related party deals and appoint new auditors/directors. Veto Switchgears proposed Re. 1 dividend. Carysil introduced a special share transfer scheme.
Advani Hotels' Q1 total income rose 5.5% to ₹22.05 Cr, but PAT declined to ₹1.39 Cr due to higher operating costs. Occupancy improved to 76.3%. The Board approved adding 28-56 keys (₹0.75 Cr/key) and advancing new banquet facilities. Asset valuation reached ₹828.5 Cr, with land revalued to ₹430 Cr.