Asian Hotels East – available at a very steep discount to BV and operating cash flow

Asian Hotels has entered into a loan agreement with Kotak Mahindra Investments Limited

1. They’ve recently borrowed money, up to Rs. 500 crores, from Kotak Mahindra Investments Limited to purchase hotel assets.
2. The company has entered into a loan agreement with Kotak Mahindra Investments Limited, and they’ve provided details of the agreement in an attached document called “Annexure-A.”
3. The loan amount is Rs. 210 crores, and the agreement includes some terms and conditions related to the loan and the purchase of hotel assets.