REGISTERED OFFICE :

BHIKAIUI CAMA PLACE, M.G. MARG,

NEW DELHI - 110046

TELEPHONE ; 26791234

FAX : 26791033 ASIAN HOTELS

CIN : L55101DL1980PLCO11037

Website : www.asianhotelsnorth.com

E-mail : investorrelations@ahinorth.com

ASIAN HOTELS (NORTH) LIMITED AHL/CS/1013/2020 11" September, 2020

Corporate Services Department BSE Ltd.

Phiroz Jeejeebhoy Towers, Dalal Street, Mumbai- 400001 Scrip Code / Scrip ID: 500023/ASIANHOTNR

Listing Department

National Stock Exchange of India Ltd.

Exchange Plaza, 5" Floor, Plot No. C/1, G Block,

Bandra — Kurla Complex

Bandra (E), Mumbai — 400 051 Scrip Code / Symbol: 233/ASIANHOTNR

Dear Sirs,

Sub: Disclosure of Related Party Transactions for the half year ended 31‘ March, 2020,

pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

In pursuance of Regulation 23(9) of the SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015, please find attached disclosure of Related Party Transactions for the half year ended 31°! March, 2020.

Please take the above on record.

Thanking you,

Yours faithfully,

For Asian Hotels (North) Limited , _

& Company Sceretary

Encl: as above

OWNERS OF : HYATT REGENCY DELHI

Mr. Shiv Kumar Jatia

Mr. Amritash Jatia

Yans Enterprises (HK) Limited

Fineline Holding Limited

Asian Holdings Pvt, Ltd,

RSJ Holdings Ltd., Mauritius

{c) Related parties

Rey Management Personnel Mr. Shiv Kumar Jatia

Ms. Anita Thapar

Mr. Tapesh Bharat Kumar Goenka

Mr. Sanjay Banthiya

Dr. Lalit Bhasin

Mr. Dinesh Chandra Kothari

Mr. Amritesh latia

Mr, Dipendra B Goenka

Mr, Pinakl Misra

Mr. Ranjan K Bhattacharya

Mr. Dinesh Kumar Jain

Ir. Prakash Chandra Sharma is. Nitika Garg (Company secretary)

s. Priya Sethi (Chief Financial Officer)

s. Rabab Zaidi (Company secretary)

ir. Ajay Kumar (Chief Financial Officer) ZZZz2=2

Relative of Key Management Personnel

Mr. Amritesh Jatia

Mrs. Archana Jatia

Mr. Ramesh Jatia

FINANCIAL ST) TEMENTS FOR THE PERIOD 01.10.2019 TO 31.03.2020

(a) Individuals and his relatives having control over the Group {either directly or indirectly}

Chairman & Managing Director

Non-Executive Director

(b) Companies which significantly influence the Group (either directly or indirectly)

An overseas entity

An overseas entity

A domestic entity

An overseas entity Taken from FCHPL (Consolidated)

Chairman & Managing Director

Whole Time Director

Executive Director

independent Non-Executive Director of the Subsidiary Company

Independent Non-Executive Director

Independent Non-Executive Director of the Holding Company

Non-Executlve Director

Non-Executive Director the Holding Company

Independent Non-Executive Directoy the Holding Company

Independent Non-Executive Director the Holding Company

Company Secretary of the Holding Company

Chief Financial Officer of the Holding Company

Company Secretary of the Subsidiary Company (Til! 2nd June, 2020)

Chief Financial Officer of the Subsidiary Company

Company Secretary of the Subsidiary Company (Till 1st October, 2019}

Chief Financial Officer of the Subsidiary Company [Till 10th April, 2019)

Director and son of Mr. Shiy Kumar Jatia

Director and wife of Mr. Shiv Kumar Jatia

Brother of Mr. Shiy Kumar Jatia

Mr. Raj Kumar Jatla Brother of Mr. Shiv Kumar Jatia

Entities controlled by Directors or their relatives

Bhasin & Co.

Energy Infrastructure (1) Limited

Leading Hotels Limited

Heyking Ltd., Hongkong

Deuchny Properties Ltd., Mauritius

RSJ Holdings Ltd, Mauritius

GBX Trading FZE, UAE

Experimental Restaurants Private Limited

{b) Transactions with related parties:

Total

HY2029-20..": Fy2018-19 (Rs. in Lakhs} {Rs. In Lakhs}:

Room, Foad, Beverages and other services 21.49 : 33,57

Remuneration 166,33 | 347.53 Professional Charges G75 8.32

Director's Sitting fees 9.50 23.70

Loan taken 3.44, 10.03

Loan repaid 986.69. 55.34

Interest expenses 66.24 112.41

Day to day service 3.13 25.25

Purchase 55.34" 0.70

Balance Outstanding

(RS, Ja Lakes}: 7.02

Key Management Personnel an their relatives

Entities controlled by Directors or their relatives 11.06

Total 18,08

Note:

(i) The above related party transactions have been reviewed periodically by the Board of Directors of the Company vis-a-vis the applicable provisions of the

Companies Act, 2013, and Justification of the rates being charged/ terms thereof and approved the same.

(It) The details of guarantees and collaterals extended by the related parties in respect of borrowings of the Group have been given at the respective notes,

(f) Disclosure in respect of related party-wise transactions

Room, Food, Beverages and other services

Bhasin & Ca.

Experimental Restaurants Private Limited

Mr. Ranjan Kishore Bhattacharya

Mr, Pinaki Misra

Dr. Lalit Bhasin Mr. Dinesh Jain

Day to Day Services

Experimental Restaurants Private tmlted 25.25

Remuneration

Mr. Shiv Kumar Jatia*

Ms. Anita Thapar*

Mr. Dinesh Kumar Jain

Mr. Prakash Chandra Sharma

Ms. Rabab Zaidi

Mr. Ajay Kumar

Ms. Nitika Garg

Ms. Priya Sethi

Professional Charges

Bhasin & Co. 8.32

Purchases

Energy Infrastructure {I) Limited

Experlmental Private Limited Director's Sitting fees

Ms. Anita Thapar*

Dr. Lalit Bhasin

Mr. Dinesh Chandra Kothari Mr, Sanjay Banthiya

Mr. Dipendra B Goenka

Mr. Pinaki Misra

Mr. Ranjan K Bhattacharya

Loan taken frorn Fineline Holding Limited

GBX Trading FZE, UAE

Heyking Limited

Deuchny Properties Ltd.

Interest expenses

GBX Trading FZE, UAE

Loan repayment to Fineline Holding Limited

Heyking Limited

Amritesh Jatia

Deuchny Properties Ltd,

GBX Trading FZE

0.30

7.10

7.10

0,70 4,30

4.20

Balance Outstanding

Energy Infrastructure (I) Limited

Bhasin & Co.

Or. Lalit Bhasin

Mr. Shiv Kumar Jatia

Mr. Amritesh Jatia

Mr, Dinesh Chandra Ketharl Mr. Ramesh Jatia

Mr, Raj Kumar Jatla

Mr, Dipendra B Goenka

Mr. Pinaki Misra

Heyking Limited

Fineline Holding Limited

GBX Trading FZE

Deuchny Properties Ltd.

Note: The above transactions excludes changes due to exchange rate fluctuation. For Asian Mptels (North) Limited

* These Include Provident Fund paid / payable by the employer, ~y

Prakash Chandra Sharma

Vice President - Corporate Finance