Asian Hotels (North) Sunil Upadhyay as Chief appointed
Asian Hotels (North) (ASIANHOTNR) said Sunil Upadhyay as Chief has been appointed. The company is valued at about ₹1,484 crore.
What happened
In a filing with the BSE on 5 October 2026 at 07:56 PM, Asian Hotels (North) (ASIANHOTNR) said that Sunil Upadhyay as Chief has been appointed.
From the filing: "The Board of Directors in its meeting held today i.e. on 05.10.2026 approved the appointment of Mr."
Company snapshot
Asian Hotels (North) is a small-cap company, with a market value of about ₹1,484 crore.
The stock last traded at ₹348.1, against a 52-week range of ₹247.5–₹423.8 (17.9% below the high).
Before this filing the shares had moved −8.4% over the month and −2.9% over three months. Average daily turnover over the last 20 sessions was about ₹1.07 crore.
Promoters held 0.00% at the end of Q1 FY27. Foreign institutions owned 2.58% and domestic institutions 1.97%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 70 | -13.6 | -6.97 |
| Q2 FY26 | 77 | -63.5 | -32.66 |
| Q3 FY26 | 91 | -56.5 | -29.03 |
| Q4 FY26 | 103 | 31.5 | 8.7 |
| Q1 FY27 | 78 | -3.5 | -0.83 |
What history shows
This is not the company's first management change disclosure: BCEIE has at least 12 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 2.4% on average the next trading day and was down 1.4% on average after five days (10 filings with price data).
Market-wide, 3,866 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 25 Aug 2026 | Appointment of Ms Gauri Dhawan as Head of Marketing, PR and… | +4.2% | +26.9% |
| 10 Aug 2026 | Management change | −3.8% | −4.5% |
| 8 Jul 2026 | Management change | −5.7% | −9.9% |
| 8 Jul 2026 | Resignation of Mr. Sachin Goel as Chief Financial Officer (KMP &… | −5.7% | −9.9% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.