5000232026-08-055000232026-08-05ActionsTakenOrOrdersPassedDomain15000232026-08-05ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain15000232026-08-05SignatoriesDomain1xbrli:pureASIANHOTNRASIAN HOTELS (NORTH) LIMITED500023NOTLISTEDINE363A01022NewAction(s) taken or orders passed (sub-para 20)false2026-08-0511:46:002026-08-05Any other similar action(s)The Court directed DBS Bank India Limited to release and physically hand over the original title deeds and other security documents relating to Hyatt Regency, Bhikaji Cama Place, New Delhi to AHNL, subject to the condition that AHNL deposit Rs. 1,59,66,05,228/- with the Registrar General of the Delhi High Court within four weeks. The deposited amount shall be kept in an interest-bearing fixed deposit and shall remain subject to the final outcome of the suit. Upon proof of such deposit, DBS Bank India Limited shall release the original title deeds and other security documents to AHNL within one week. The Court further clarified that all observations and findings contained in the order are prima facie in nature and shall not influence the final adjudication of the suits on their merits.Judicial BodyHon'ble High Court of Delhi, New Delhi1OtherDBS Bank India Ltd.BankThe Court directed DBS Bank India Limited to release and physically hand over the original title deeds and other security documents relating to Hyatt Regency, Bhikaji Cama Place, New Delhi to AHNL, subject to the condition that AHNL deposit Rs. 1,59,66,05,228 with the Registrar General of the Delhi High Court within four weeks. The deposited amount shall be kept in an interest-bearing fixed deposit and shall remain subject to the final outcome of the suit. Upon proof of such deposit, DBS Bank India Limited shall release the original title deeds and other security documents to AHNL within one week.The Hon'ble Delhi High Court disposed of the interim applications in CS(COMM) 376/2026 (Asian Hotels North Limited v. Exclusive Capital Limited and Ors.) and the connected matter CS(COMM) 1360/2025 (Exclusive Capital Limited v. Clover Media Private Limited and Ors.). The Court, after examining the Inter-Corporate Loan Agreement, the subsequent assignment of debt and the One-Time Settlement (OTS), held that Asian Hotels North Limited (AHNL) has established a strong prima facie case and that the balance of convenience lies in its favour. The Court directed DBS Bank India Limited to release and physically hand over the original title deeds and other security documents relating to Hyatt Regency, Bhikaji Cama Place, New Delhi to AHNL, subject to the condition that AHNL deposit Rs. 1,59,66,05,228 with the Registrar General of the Delhi High Court within four weeks. The deposited amount shall be kept in an interest-bearing fixed deposit and shall remain subject to the final outcome of the suit. Upon proof of such deposit, DBS Bank India Limited shall release the original title deeds and other security documents to AHNL within one week. The Court further clarified that all observations and findings contained in the order are prima facie in nature and shall not influence the final adjudication of the suits on their merits.2026-08-05The Hon'ble Delhi High Court disposed of the interim applications in CS(COMM) 376/2026 (Asian Hotels North Limited v. Exclusive Capital Limited & Ors.) and the connected matter CS(COMM) 1360/2025 (Exclusive Capital Limited v. Clover Media Private Limited & Ors.). The Court, after examining the Inter-Corporate Loan Agreement, the subsequent assignment of debt and the One-Time Settlement (OTS), held that Asian Hotels North Limited (AHNL) has established a strong prima facie case and that the balance of convenience lies in its favour. The Court directed DBS Bank India Limited to release and physically hand over the original title deeds and other security documents relating to Hyatt Regency, Bhikaji Cama Place, New Delhi to AHNL, subject to the condition that AHNL deposit Rs. 1,59,66,05,228/- with the Registrar General of the Delhi High Court within four weeks. The deposited amount shall be kept in an interest-bearing fixed deposit and shall remain subject to the final outcome of the suit. Upon proof of such deposit, DBS Bank India Limited shall release the original title deeds and other security documents to AHNL within one week. The Court further clarified that all observations and findings contained in the order are prima facie in nature and shall not influence the final adjudication of the suits on their merits.Not applicableSince the original title and ownership documents relating to the Hyatt Regency Hotel property situated at Bhikaji Cama Place, New Delhi are proposed to be released by DBS Bank India Ltd. and the release of these documents will not have any material financial or operational impact on the Company. In terms of the Order, the Company is required to deposit Rs. 1,59,66,05,228 with the Registrar General of the Delhi High Court within four weeks. The deposited amount shall be kept in an interest-bearing fixed deposit and shall remain subject to final outcome of the suit.Not applicableNot applicableNot applicablePursuant to the order passed by the Court, the Company shall deposit Rs. 1,59,66,05,228 with the Registrar General of the Delhi High Court. Upon such deposit, the Company shall approach DBS Bank India Limited for the release and physical handover of the original title deeds and other security documents relating to Hyatt Regency, Bhikaji Cama Place, New Delhi. Further, the Court has clarified that all observations and findings contained in the order are prima facie in nature and shall not influence the final adjudication of the suits on their merits. The Company shall continue to participate in the proceedings until the final outcome of the suits.Kriti Narula SehgalCompany Secretary & Compliance Officer2026-08-05New Delhi