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Asian Hotel (E)
BSE: 533227NSE: AHLEASTISIN: INE926K01017

23rd-Jun-2021 21:38Source: BSE

Asian Hotels (East) - Outcome Of The Board Meeting Held Today I.E. 23Rd June, 2021

In reference to our intimation dated 14th June, 2021, we wish to inform you that the Board of Directors of the Company at its meeting held today i.e., 23rd June, 2021 has inter-alia approved the Segment wise Audited Standalone and Consolidated Financial Results of the Company for the quarter (Q4) and financial year ended 31st March, 2021.

Attached please find the copy of the Results along with Audit Report issued by M/s. Singhi & Co., statutory auditors of the Company and Statement on Impact of Audit Qualification on the Standalone and Consolidated Financial Results of the Company for the financial year ended 31st March, 2021.

The Covid-19 pandemic and the long lockdown declared by the government has created uncertainty and unpredictability for the Company. Therefore, the Board has decided not to recommend any dividend for the financial year ended 2020-21 due to inadequate profits.

The meeting of the Board of Directors commenced at 3:30 p.m. and concluded at 09:30 p.m.

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