Asian Hotels (East) Limited — Board Meeting, 08-11-2024: Outcome of Board Meeting

Asian Hotels (East) Limited's Board approved the unaudited financial results for Q2 and the first six months ended September 30, 2024. Total income was ₹2,816.66 lakhs with a net profit of ₹310.50 lakhs. The company faces challenges regarding a lease validity for its subsidiary, GJS Hotels Limited, with actions taken by the Odisha government. Despite this, no impairment provisions were made for the company's investments in the subsidiary. The report includes financial statements and a limited review by auditors.