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Sub: Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015.
Further to our previous two intimations dated 22nd March, 2019 & 29th April, 2019 respectively, we would like to inform you that remaining 13,348 equity shares (8.59%) of Regency Convention Centre and Hotels Limited (Regency), a subsidiary of the Company, has been transferred to the Company, making Regency a wholly owned subsidiary of the Company. Confirmation of the transaction received today.
As already intimated vide our letter dated 22nd March, 2019, the Company is in talk with the prospective buyers to sell or transfer or otherwise dispose of the Companys entire investment (100%) in Regency.
The Company shall update you as and when the above sell of the investment takes place.
This intimation may be considered as disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This is for your purpose of dissemination.
Pdf Link: Asian Hotels (East) Ltd. - Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015.
Source : BSE - www.bseindia.com
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