Asian Hotels (East) MD, chairman, board of directors and AGM
NSE: AHLEASTBSE: 533227Leisure ServicesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹133.01.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹219 Cr2,215th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 9 Jul 2026
- 1.2
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 13 Aug 2026
- −22.4%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹62 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 6.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 13 Aug 2026
- 5.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 9 Jul 2026
- 2.34
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 64970.4% delivered
Asian Hotels (East) board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorArun Kumar SarafRelated to the promoter
- Managing directorUmesh Saraf
- Company Secretary and Compliance OfficerSaumen Chatterjee
6 directors3 independent2 executive1 non-executive
- Arun Kumar Saraf · Chairperson and managing directorExecutive · joined Apr 2007 · reappointed Aug 2025 · 3 listed boards · 1 committee seat
- Umesh Saraf · Managing directorExecutive · joined Apr 2007 · reappointed Feb 2025 · 2 listed boards · 4 committee seats
- Sandipan ChakravorttyIndependent · joined Aug 2021 · reappointed Aug 2021 · 59 months as independent · 2 listed boards · 2 as independent · 1 committee seat
- Shourya SenguptaIndependent · joined Mar 2024 · reappointed Mar 2024 · 27 months as independent · 3 listed boards · 3 as independent · 3 committee seats, 2 as chair
- Devesh SarafNon-executive · joined Mar 2024 · 1 listed board
- Swati SinghaniaIndependent · joined Mar 2025 · 15 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 1 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- Rita Bhimani, left 30 Mar 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 May 20266 of 6 present3 independent · 105 days in between
- 13 Feb 20266 of 6 present3 independent
Audit Committee
Chair Shourya Sengupta
Umesh Saraf, Swati Singhania
- 30 May 20263 of 3 present2 independent · 105 days in between
- 13 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Shourya Sengupta
Devesh Saraf, Swati Singhania
- 28 Mar 20262 of 3 present2 independent · 42 days in between
Stakeholders Relationship Committee
Chair Shourya Sengupta
Umesh Saraf, Swati Singhania
- 13 Feb 20263 of 3 present2 independent
Corporate Social Responsibility Committee
- 13 Feb 20263 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- M/s Singhi & Co.Peer-review certificate valid to Aug 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Asian Hotels (East) AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Asian Hotels (East) dividend history
Annual general meeting, 27 Aug 2026
10,379 shareholders on the register on 21 Aug 2026; present: 4 promoters and 89 others; votes counted by Priyanka Rudra / Priyanka Rudra And Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended 31st March, 2026 along with the Reports of the Board of Directors and Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 70.44% · promoters 100.00% · institutions 12.52% · other public 14.76%
- To receive, consider and adopt the audited consolidated financial statements of the Company for the financial year ended 31st March, 2026 along with the Report of Auditors thereonOrdinary99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.96%
Turnout: all 70.44% · promoters 100.00% · institutions 12.52% · other public 14.76%
- To appoint a Director in place of Mr Devesh Saraf (DIN: 07778585) who retires by rotation and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it95.97% for4.03% against
Against: promoters 0.00% · institutions 99.68% · other public 40.89%
Turnout: all 70.44% · promoters 100.00% · institutions 12.52% · other public 14.76%
- Reappointment of Mr Sandipan Chakravortty (DIN: 00053550) as an Independent Director of the CompanySpecial95.97% for4.03% against
Against: promoters 0.00% · institutions 99.68% · other public 40.89%
Turnout: all 70.44% · promoters 100.00% · institutions 12.52% · other public 14.76%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 5 Sep 2025, 5 resolutions
11,300 shareholders on the register on 29 Aug 2025; present: 4 promoters and 90 others; votes counted by Priyanka Rudra / Priyanka Rudra And Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2025, along with the Reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 75.09% · promoters 100.00% · institutions 45.90% · other public 8.09%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2025 and the Report of Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 75.09% · promoters 100.00% · institutions 45.90% · other public 8.09%
- To declare a dividend of Re 1/- per equity share for the financial year ended 31st March, 2025.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 75.09% · promoters 100.00% · institutions 45.90% · other public 8.09%
- To appoint a Director in place of Mr. Devesh Saraf (DIN: 07778585) who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 75.09% · promoters 100.00% · institutions 45.90% · other public 8.09%
- Appointment of M/s Priyanka Rudra and Associates, Practicing Company Secretary as the Secretarial Auditor of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 75.09% · promoters 100.00% · institutions 45.90% · other public 8.09%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 9 May 2025, 3 resolutions
11,701 shareholders on the register on 4 Apr 2025; votes counted by Arpan Sengupta / M/s ARPAN SENGUPTA & CO.The company's voting result (opens in a new tab)
- Reappointment of Mr. Umesh Saraf (DIN: 00017985) as the Joint Managing Director of the Company and payment of remuneration.SpecialPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.95%
Turnout: all 67.01% · promoters 100.00% · institutions 0.04% · other public 8.01%
- Reappointment of Mr. Arun Kumar Saraf (DIN: 00339772) as the Joint Managing Director of the Company and payment of remuneration.SpecialPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.95%
Turnout: all 67.01% · promoters 100.00% · institutions 0.04% · other public 8.01%
- Appointment of Ms. Swati Singhania (DIN: 03610903) as a Non-Executive Independent Woman Director of the Company.Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.95%
Turnout: all 67.01% · promoters 100.00% · institutions 0.04% · other public 7.99%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 13 Sep 2024, 2 resolutions
Present: 4 promoters and 63 others.The company's voting result (opens in a new tab)
To receive, consider and adopt:n(a) the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2024, along with the Report of the Board of Directors and Auditors thereon; and (b) the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2024 and the Report of Auditors thereon.MoreLess
Ordinary99.82% for0.18% againstAgainst: promoters 0.00% · institutions 0.00% · other public 2.18%
Turnout: all 71.69% · promoters 100.00% · institutions 83.66% · other public 17.13%
- To declare a dividend of Rs. 2.50/- per equity share for the financial year ended 31st March, 2024.Ordinary99.82% for0.18% against
Against: promoters 0.00% · institutions 0.00% · other public 2.18%
Turnout: all 71.69% · promoters 100.00% · institutions 83.66% · other public 17.12%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 18 Jun 2024, 3 resolutions
The company's voting result (opens in a new tab)
- Appointment of Mr. Shourya Sengupta (DIN: 09216561) as a Non-Executive Independent Director of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.45%
Turnout: all 67.28% · promoters 100.00% · institutions 59.95% · other public 4.21%
- Continuation in directorship of Mr. Sandipan Chakravortty (DIN:00053550) as an Independent Director of the Company who shall attain the age of 75 years.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.45%
Turnout: all 67.28% · promoters 100.00% · institutions 59.95% · other public 4.21%
- Appointment of Mr. Devesh Saraf (DIN: 07778585) as a Non-Executive & Non-Independent Director of the Company.OrdinaryPromoters have an interest in it99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.45%
Turnout: all 25.30% · promoters 36.04% · institutions 59.95% · other public 4.21%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 1 Feb 2024, 5 resolutions
Present: 1 promoter and 54 others.The company's voting result (opens in a new tab)
- To approve material related party transactions under Regulation 23 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 9.95% · promoters 0.00% · institutions 0.00% · other public 29.28%
- To take approval for fixation of borrowing limit under Section n180 (1)(c) of the Companies Act, 2013.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 75.58% · promoters 100.00% · institutions 0.00% · other public 29.29%
- To take approval for sale/ lease/ mortgage/ charge/ hypothecation of Company’s assets/properties under Section 180(1)(a) of the Companies Act, 2013.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 75.58% · promoters 100.00% · institutions 0.00% · other public 29.29%
- To take approval for advancing any loan/giving guarantee/providing security under section 185 of the Companies Act, 2013.SpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 75.58% · promoters 100.00% · institutions 0.00% · other public 29.29%
- To take approval for loan and investment under Section 186 of thenCompanies Act, 2013.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 75.58% · promoters 100.00% · institutions 0.00% · other public 29.29%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 11 Sep 2023, 2 resolutions
Present: 4 promoters and 72 others.The company's voting result (opens in a new tab)
To receive, consider and adopt: (a.) the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2023, along with the Report of the Board of Directors and Auditors thereon; and (b.) the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2023 and the Report of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.34% · promoters 100.00% · institutions 0.00% · other public 31.36%
- To declare a dividend of Rs. 2.50/- per equity share for the financial year ended 31st March, 2023.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.34% · promoters 100.00% · institutions 0.00% · other public 31.36%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 28 Sep 2022, 3 resolutions
Present: 4 promoters and 42 others.The company's voting result (opens in a new tab)
To receive, consider and adopt: (a) the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2022, the Reports of the Board of Directors and Auditors thereon; and (b) the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2022 and the Report of the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 58.22% · promoters 72.45% · institutions 0.00% · other public 31.26%
- To reappoint M/s. Singhi & Co., Kolkata., Chartered Accountants (Firm Registration No. 302049E) as the Statutory Auditors of the Company and fix their remuneration.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 58.22% · promoters 72.45% · institutions 0.00% · other public 31.26%
- Casual vacancy caused in terms of section 161(4) of the Companies Act, 2013 due to the death of Shri Radhe Shyam Saraf (DIN: 00023792), Non-Executive Chairman, be not filled up .Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 58.22% · promoters 72.45% · institutions 0.00% · other public 31.26%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Fines
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyBSE LimitedSince 30 Jun 2026
Fine imposed
Non-compliance of Regulation 33 of the SEBI (LODR) Regulations, 2015 - Fine or penaltyNational Stock Exchange of India LimitedSince 30 Jun 2026
Fine imposed
Non-compliance of Regulation 33 of the SEBI (LODR) Regulations, 2015
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- No
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.