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Asian Hotels (East) to demerger Securities Trading Unit

15 Nov 2019 Evaluate

Asian Hotels (East) has received approval to demerger the Securities Trading Unit of the Investment Division of the Company into its wholly owned subsidiary Robust Hotels, Chennai. The Board of Directors of the Company at its meeting held on November 14, 2019 has approved the same.

Asian Hotels (East) is into the business of hospitality industries & is managed by a professional Board of Directors consisting of eminent personalities & professionals.

Peers
Company Name CMP
The Indian Hotels Co 753.55
ITC Hotels 156.40
Mahindra Holi.&Resor 196.30
EIH 295.65
Chalet Hotels 825.05
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