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Asian Hotels (North) Limited Faces Loan Default

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Asian Hotels (North) Limited Faces Loan Default

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Asian Hotels (North) Limited ( (IN:ASIANHOTNR) ) just unveiled an update.

Asian Hotels (North) Limited has disclosed a default on its loan obligations to Sammaan Capital Limited, amounting to over INR 98 crore in principal and interest. This financial strain highlights challenges in the company’s liquidity management and could impact its market positioning and stakeholder confidence.

More about Asian Hotels (North) Limited

Asian Hotels (North) Limited operates in the hospitality industry, providing hotel and lodging services. The company focuses on offering premium hospitality experiences in the North Indian market.

Average Trading Volume: 1,571

Technical Sentiment Signal: Buy

Current Market Cap: 6.33B INR

See more data about ASIANHOTNR stock on TipRanks’ Stock Analysis page.

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