5000232026-01-012026-03-315000232026-03-315000232025-03-315000232025-04-012026-03-315000232026-01-012026-03-31in-capmkt:OtherExpenses1Member5000232025-04-012026-03-31in-capmkt:OtherExpenses1Member5000232026-03-31OtherNoncurrentFinancialAssetsDomain15000232026-03-31OtherNoncurrentAssetsDomain15000232026-03-31OtherCurrentFinancialAssetsDomain15000232026-03-31OtherCurrentAssetsDomain15000232026-03-31OtherNoncurrentFinancialLiabilitiesDomain15000232026-03-31OtherNoncurrentLiabilitiesDomain15000232026-03-31OtherCurrentFinancialLiabilitiesDomain15000232026-03-31OtherCurrentLiabilitiesDomain15000232026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15000232025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15000232026-01-012026-03-31RelatedPartyTransactionDomain15000232025-12-31RelatedPartyTransactionDomain15000232026-03-31RelatedPartyTransactionDomain15000232026-01-012026-03-31RelatedPartyTransactionDomain25000232025-12-31RelatedPartyTransactionDomain25000232026-03-31RelatedPartyTransactionDomain25000232026-01-012026-03-31RelatedPartyTransactionDomain35000232025-12-31RelatedPartyTransactionDomain35000232026-03-31RelatedPartyTransactionDomain35000232026-01-012026-03-31RelatedPartyTransactionDomain45000232025-12-31RelatedPartyTransactionDomain45000232026-03-31RelatedPartyTransactionDomain45000232026-01-012026-03-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares500023ASIANHOTNRNOTLISTEDINE363A01022Asian Hotels (North) LimitedMain BoardEquity2025-04-012026-03-312026-05-282026-05-22INRLakhsQuarterlyFourth quarterSingle segmentHospitality and Hotel Business2026-05-2813:45:002026-05-2815:45:00trueCash Flow IndirectDeclaration of unmodified opiniontruetrueNANAfalsetrue2026-05-28chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.asianhotelsnorth.com/pdf/FY2627/Policy%20for%20Related%20Party%20Transactions%2028.05.2026.pdffalsefalse As on 31.03.2026 there is no default exist.2026-01-012026-03-31AuditedStandalone10290950005519000103461400098728000002273660001409710004028300046813800097548600059128000-79450000-203220000-333381000-333381000031305900000003130590002214000315273000426332000108.78.7008.78.7 <BR> 1. The above standalone financial results of the Company have been prepared in accordance with Indian Accounting Standards ("Ind AS") prescribed under Section 133 of the Companies Act, 2013 ('the Act') read with the relevant rules thereunder and in terms of Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. <BR> <BR> 2. The above standalone financial results of the Company were reviewed by the Audit Committee and taken on record by the Board of Directors of the Company at their respective meetings held on May 28, 2026. <BR> <BR> 3. Operating segments are reported in a manner consistent with the internal reporting provided to the chief operating decision-maker. The Managing Director and Chief Executive Officer who is responsible for allocating resources and assessing performance of the operating segments, has been identified as the chief operating decision-maker. From the internal organisation of the Company’s activities and consistent with the internal reporting provided to the chief operating decision-maker and after considering the nature of its services, the ultimate customer availing those services and the methods used by it to provide those services, “Hotel Services” has been identified to be the Company’s sole operating segment. <BR> <BR> 4. Status of Secured and Unsecured Borrowings <BR> <BR> The Company has defaulted on the repayment of principal as well as interest on borrowings, aggregating to INR 59,326.46 lakhs and INR 23,709.15 lakhs respectively. Additionally, the Company has also breached covenant associated with aforementioned borrowings. Due to these defaults, the Company has recognised interest/penal charges amounting to INR 794.50 lakhs and INR 10,496.15 lakhs (penal charges amounting to INR 15,699.06 lakhs, net of reversal of interest amounting to INR 5,202.91 lakhs) for the quarter and year to date ended 31 March 2026 respectively , which has been disclosed as an exceptional item in the standalone financial results for the quarter and year to date ended 31 March 2026 respectively. <BR> <BR> During the current quarter, the Company has issued 2,31,80,000 equity shares at INR 330 per share on a preferential basis amounting to INR 76,494.00 lakhs. Accordingly, the Company has received INR 76,494.00 lakhs and such fund has been utilised for the purpose of repayment of the aforementioned entire outstanding borrowings (including interest and penal interest). Consequently, the default with respect to aforesaid borrowings stands fully resolved. <BR> <BR> 5. Current Status of Business Operations and Ability to Continuity as Going Concern <BR> <BR> The Company has incurred a loss before exceptional items and tax of INR 3,679.98 lakhs for the year ended 31 March 2026. Further, as at 31 March 2026, the Company’s current liabilities exceed its current assets. Notwithstanding this, the standalone financial results have been prepared on a going concern basis. The management has assessed the Company’s ability to continue as a going concern and is of the view that the significant improvement in operating performance during the recent period, along with various cost optimization measures undertaken and being implemented, will support improved profitability going forward. Further, the Company’s liquidity position has strengthened pursuant to equity and debt issuances completed during the year, along with repayment of major borrowings. <BR> <BR> 6. During the year ended March 31, 2025, the Company has done One Time Settlement (OTS) with Bank of Maharashtra ("BOM"), J.C. Flowers Asset Reconstruction Private Limited ("JCF"), Standard Capital Markets Ltd.("SCML"), Punjab National Bank ("PNB") and VSJ Investments Private Limited ("VSJ"). Due to such settlement, there is write back of Principal as well as Interest on these borrowings amounting to INR 18,466.56 lakhs for the quarter ended March 31,2025 and INR 30,120.56 lakhs for the year ended March 31, 2025, which was disclosed as exceptional item in the standalone financial results for the quarter and year date ended 31 March, 2026 respectively. <BR> <BR> 7. On November 21, 2025, the Government of India notified four Labour Codes – the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the New Labour Codes) – consolidating 29 existing labour laws, which became effective immediately. The Ministry of Labour and Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. <BR> <BR> The incremental impact of these changes, assessed by the Company, on the basis of the information available, consistent with the guidance provided by the Institute of Chartered Accountants of India, is not material in the standalone financial results of the Company for the quarter and year ended March 31, 2026. Once Central / State Rules are notified by the Government on all aspects of the Codes, the Company will evaluate final impact, if any, on the measurement of employee benefits and would provide appropriate accounting treatment. <BR> <BR> 8. The Figures for the quarter ended March 31, 2026 and March 31, 2025 represents the difference between the audited figures in respect of the financial year ended March 31, 2026 and March 31, 2025 respectively and the published unaudited figures of nine months ended December 31, 2025 and December 31, 2024 respectively which were subject to limited review by the Auditors. <BR> <BR> 9. Figures of previous reporting periods have been regrouped/ reclassified wherever necessary to correspond with the figures of the current reporting period. <BR> <BR> <BR> <BR> 2025-04-012026-03-31AuditedStandalone34108110008171900034925300003526110000085920800072469700017765500017463570003860528000-367998000-1049615000-14176130000-395117000-3951170000-10224960000000-10224960002214000-1020282000426332000105017632000-44.05-44.0500-44.05-44.05Other Operating and General Expenses468138000Other Operating and General Expenses1746357000138365920000050000000138581000139081000332637000229114000145374240008962300002125900001834884000694800001284470002182869000112568000238506000016922484000426332000877965900092059910009205991000265690700054210002662328000356260001063657000376161100068040000064703000407952000472655000148792900026409840001301411000124870003954882000771649300016922484000Other Financial Assets138581000Other Non-Current Assets229114000Other Financial Assets128447000Other Current Assets112568000Other Financial Liablities5421000Other Non-current Liabilities1063657000Other Financial Liabilities1487929000Other Current Liabilities130141100072469700043164000-488800000-19551000-27029000-100634000-551130000-251590000-2298470000017765500002161000154600037224300014600018679500001622000000092371200000-144339000-1561952000000-64050000-155554700005000000000002042730003272200000000000000000000016220000017267300000760287200000002952837000268658000079701620000025922710000026798560001296982000012969820005379020001834884000Re-measurement Gain on Post Employment benfit Plan29590002959000Re-measurement Gain on Post Employment benfit Plan2959000295900074500074500022140002214000Asian Hotels (North) Limited******Mamta Pathak******Relative of Mr. Deena Nath Pathak, Director of the CompanyAny other transactionProfessional Charges2400000NA1200000180000360000Asian Hotels (North) Limited******AHNL Realty Private Limited******Subsidiary CompanyInvestment1000000NA5000000500000Asian Hotels (North) Limited******Sharad Sharma******Whole Time Director of the CompanyAny other transactionTDS Recoverable200000000NA2100002083000021040000Asian Hotels (North) Limited******AHNL Realty Private Limited******Subsidiary CompanyAny other transactionRecovery of Expenses incurred1000000NA250000250001935000AuditedtrueG.K. Choksi & Co.true2029-01-31