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    ALPHA TRIBE

    Asian Hotels (North) Limited — QIP/Rights/Pref., 16-01-2026: Issue of Securities

    16-01-2026 | 10:05 pm

    Asian Hotels (North) will raise up to 300 Cr via 3,000 unlisted, secured NCDs (face value 10 lakh each) through private placement. These 2-year debentures offer 12.5% monthly interest, secured by the Hyatt Regency hotel. Funds likely for debt servicing, given the 770.12 Cr existing loan defaults.

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