Support and Resistance Levels
Past performance
About Asian Hotels (East) Ltd Asian Hotels (East) Ltd, initially incorporated as Vardhman Hotels Pvt Ltd in 2007, owns and manages the Hyatt Regency, a luxury 5-star hotel in Kolkata, India, with 233 rooms. The company focuses on the high-end hotel market, offering additional services such as laundry, a business center, and a fitness center. Originally a subsidiary of Asian Hotels Ltd, it underwent significant restructuring, including a de-merger in 2010 that resulted in the transfer of the Kolkata Hyatt Regency operations to Asian Hotels (East) Ltd.
The company has undergone multiple corporate changes, including the amalgamation with Forex Finance Private Limited in 2016 and the demerger of its investment division in 2019. Recent developments include the transfer of shares relating to Regency Convention Centre and Hotels Ltd to Mumbai International Airport Limited in 2022, and the demerger of Robust Hotels Limited in Chennai in 2023. These strategic moves have shifted the company's subsidiary holdings and refined its business focus.