Asian Hotels (West)533221Promoter stake update
Sandeep Gupta gets 2,00,000 shares (1.72%) via inter-se gift; holding rises to 18.04%
Promoter Sandeep Gupta has disclosed an inter-se transfer of shares by way of gift amongst immediate relatives in Asian Hotels (West) Ltd.
21,01,974Sandeep Gupta shares held -transaction
Sandeep Gupta shares held pre-transaction19,01,974
Shares acquired by Sandeep Gupta2,00,000
- Shares Transferred
- 2,00,000 shares — 1.72% of the company
- Transfer Price
- NIL price
- Holding Before
- 19,01,974 shares (16.32%)
- Holding After
- 21,01,974 shares (18.04%)
- Open Offer Exemption
- exempt from an open offer under Regulation 10(1)(a)(i)
What happened
- Sandeep Gupta acquired 2,00,000 shares of Asian Hotels (West) Ltd, which is 1.72% of the company, from Vinita Gupta.
- The transaction is described as an inter-se transfer of shares by way of gift amongst immediate relatives, at NIL price. No cash was paid for the shares.
- The date of acquisition is given as 30-09-2026.
Ownership before and after
- Sandeep Gupta before the transfer: 19,01,974 shares, or 16.32% of the total share capital.
- Sandeep Gupta after the transfer: 21,01,974 shares, or 18.04% of the total share capital.
- Vinita Gupta before the transfer: 2,00,000 shares, or 1.72%.
- Vinita Gupta after the transfer: nil.
Why no open offer was required
- The acquirer is exempt from making an open offer under Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- A disclosure was required to be made under Regulation 10(5), it was made, and the update date recorded is 22.09.2026.
The takeaway for retail investors
- This disclosure is about a large block of shares changing hands within the same family, by way of gift, rather than a purchase from the open market.
- Because the transfer was at NIL price, no money changed hands and no market price was discovered through this transaction.
- The shares carry the same rights as before the transfer; the disclosure records who now holds them.
1.72%Vinita Gupta holding pre-transaction (% of total share capital
Also from Asian Hotels (West)
Asian Hotels (West) Ltd promoter sells 1.72% stake
5 Oct 2026
Asian Hotels (West) Ltd promoter buys 1.72% stake
5 Oct 2026
Asian Hotels (West) Ltd promoter buys 1.72% stake, holding rises to 18.04%
5 Oct 2026
More numbers
- Shares acquired by Sandeep Gupta2,00,000
- Shares acquired as % of diluted share capital of the target company1.72%
- Sandeep Gupta shares held pre-transaction19,01,974
- Sandeep Gupta holding pre-transaction (% of total share capital)16.32%
- Sandeep Gupta shares held post-transaction21,01,974
- Sandeep Gupta holding post-transaction (% of total share capital)18.04 %
- Vinita Gupta shares held pre-transaction2,00,000
- Vinita Gupta holding pre-transaction (% of total share capital)1.72%
Source: BSE · 5 Oct 2026
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.