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Sandeep Gupta disclosed an inter-se transfer of shares by way of gift amongst immediate relatives, acquiring 9,51,141 shares in Asian Hotels (West) Limited on September 9, 2026, increasing his stake to 16.32% from 8.16% of the company`s diluted share capital, while Vinita Gupta transferred 2,00,000 shares, reducing her stake to 1.72% from 9.88%.

Sandeep Gupta will acquire 9,51,141 equity shares of Asian Hotels (West) Limited by way of a gift from Vinita Gupta on or after September 3, 2026, increasing his shareholding to 16.32% from 8.16%, according to a regulatory filing. The transfer is exempt under regulation 10(1)(a)(i) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and the shares are being transferred without consideration.

Asian Hotels (West) Limited informed the Bombay Stock Exchange and the National Stock Exchange that Mr. Sandeep Gupta plans to acquire 9,51,141 equity shares, representing approximately 8.16% of the company`s total share capital, from Mrs. Vinita Gupta through a gift. The transfer, scheduled for September 3, 2026, is between mother and son, both of whom are members of the promoter group, and is exempt under SEBI regulations. Following the acquisition, Mr. Gupta’s shareholding will increase to 16.32%, while Mrs. Gupta’s will decrease to 1.72%.

Asian Hotels (West) Ltd share price advanced by 5% to Rs 525.1 after the company`s net profit surged by 31.73% to Rs 14.28 crore, while revenue from operations reduced 19.58% to Rs 97.71 crore in Q2FY26 over Q1FY26. The market capitalization of Hotels & Resorts industry group stocks on BSE stood at Rs 2.42 lakh crore, tanking 18.38%. It has eased by 2.01% over last one week and crept higher by 6.48% in last one month while the market capitalization of Asian Hotels (West) Ltd has inched up 6.73% and 159.83% in the same period respectively. Profit before tax (PBT) of Asian Hotels (West) Ltd stood at Rs 20.5 crore in Q2 FY26, jumping 81.58% year-on-year, and rallying 64.26% quarter-on-quarter. EBITDA came in at Rs 37 crore, expanding by 16.49% YoY and plunging by 27.92% sequentially. Total expenses reduced by 11.08% to Rs 68.96 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 15.14 crore, softening 6.72% YoY. For the TTM ended FY26, revenue from operations tick up 6.06% to Rs 435.39 crore, while net profit saw a strong growth of 63.27% to Rs 64.98 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 16113% to Rs 182.46 crore, and PBT soared 89.62% to Rs 84.55 crore compared to previous TTM. The company`s consolidated net cash flow from operating activities stood at Rs 202.91 crore in FY26, as against Rs 138.35 crore in FY25.

Asian Hotels (West) will hold a meeting of the Board of Directors of the Company on 14 August 2026.