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Asian Hotels (North) LimitedImportant, 14-10-2025: Agreements

14-10-2025 | 10:46 pm

Asian Hotels (North) signed a definitive agreement with Elana Holdings Pte. Ltd. for a preferential issue. Elana will invest ~Rs. 765 Cr for 2.31 Cr equity shares at Rs. 330/share. Funds are exclusively for debt repayment. Elana will be a passive financial investor without control or board representation.

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