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ASIAN HOTELS (WEST) LTD. - Format of Initial Disclosure to be made by an entity identified as a Large Corporate
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06 May 2021
&lt;b&gt;Format of Initial Disclosure to be made by an entity identified as a Large Corporate.&lt;/b&gt;&lt;br/&gt;&lt;br/&gt; &lt;table border=&apos;&apos;1px&apos;&apos;&gt;&lt;tr&gt; &lt;td&gt;&lt;b&gt;Sr. No.&lt;/b&gt;&lt;/td&gt; &lt;td&gt;&lt;b&gt;Particulars&lt;/b&gt;&lt;/td&gt; &lt;td&gt;&lt;b&gt;Details&lt;/b&gt;&lt;/td&gt; &lt;/tr&gt; &lt;tr&gt;&lt;td&gt;1&lt;/td&gt;&lt;td&gt;Name of Compay&lt;/td&gt;&lt;td&gt;ASIAN HOTELS (WEST) LTD.&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt;&lt;td&gt;2&lt;/td&gt;&lt;td&gt;CIN&lt;/td&gt;&lt;td&gt;L55101DL2007PLC157518&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt;&lt;td&gt;3&lt;/td&gt; &lt;td&gt;Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr)&lt;/td&gt; &lt;td&gt;260.40&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt;&lt;td&gt;4&lt;/td&gt;&lt;td&gt;Highest Credit Rating during the previous FY &lt;/td&gt;&lt;td&gt;BBB&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt;&lt;td&gt;4a&lt;/td&gt;&lt;td&gt;Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)&lt;/td&gt;&lt;td&gt;INDIA RATINGS AND RESEARCH PVT. LTD.&lt;/td&gt;&lt;/tr&gt; &lt;tr&gt;&lt;td&gt;5&lt;/td&gt;&lt;td&gt;Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the framework&lt;/td&gt;&lt;td&gt;BSE&lt;/td&gt;&lt;/tr&gt; &lt;/table&gt; &lt;br/&gt;&lt;br/&gt; &lt;div&gt; &lt;div style=&apos;&apos;float:left;&apos;&apos;&gt; We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No&lt;/div&gt; &lt;br/&gt;&lt;br/&gt;&lt;br/&gt; &lt;div style=&apos;&apos;float:left;&apos;&apos;&gt; Name of the Company Secretary: VIVEK JAIN &lt;br/&gt; Designation: COMPANY SECRETARY &lt;br/&gt; EmailId: vivek.jain@asianhotelswest.com&lt;/div&gt; &lt;div &apos;&apos;style=float:left;margin-left:50px;&apos;&apos;&gt; Name of the Chief Financial Officer: NO CFO &lt;br/&gt; Designation: AMIT GUPTA SVP FINANCE &lt;br/&gt; EmailId: amit.gupta@asianhotelswest.com&lt;/div&gt; &lt;/div&gt; &lt;div&gt; &lt;br/&gt; Date: 06/05/2021&lt;br/&gt;&lt;br/&gt; &lt;b&gt;Note:&lt;b&gt; In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. &lt;/div&gt;
View all announcements for ASIAN HOTELS (WEST) LTD. Source: BSE India

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