Asian Hotels (North) Limited — Important, 02-01-2025: Updates

The company has satisfied its secured loan facility with VSJ Investments Pvt. Ltd., with the full amount paid as of December 31, 2024. All claims and outstanding dues related to the facility have been settled, indicating a clean slate with this lender. This development positively affects the company's financial position by reducing debt obligations and interest expenses, potentially improving cash flow and financial stability moving forward. Investors should view this as a positive step that enhances the company’s ability to focus on growth initiatives without the burden of this specific debt.