Asian Hotels (West) intimates of curb on purchase of shares by NRIs

NRIs shareholding crossed limit of 10% of paid up capital of Asian Hotels (West)

Asian Hotels (West) announced that it has received a communication from the Reserve Bank of India advising that the foreign shareholding though NRIs in the Company has crossed limit of 10% of its paid up capital. Therefore no further purchase of the shares of the Company would be allowed through stock exchanges in India on behalf of the NRIs.

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