Description

NSE revokes the suspension of trading in equity shares of Asian Hotels (West) Limited (AHLWEST) effective April 02, 2026, following the company's compliance with SEBI (LODR) Regulations, 2015.

Summary

NSE has revoked the suspension of trading in equity shares of Asian Hotels (West) Limited (Symbol: AHLWEST, ISIN: INE915K01010), effective April 02, 2026. The suspension had been in place since December 13, 2021 due to non-compliance with Regulation 33 of SEBI (LODR) Regulations, 2015 for the quarters ended March 31, 2021 and June 30, 2021. The company has now complied with the relevant regulations and applied for revocation.

Key Points

  • Trading in AHLWEST equity shares will resume from April 02, 2026
  • Shares will trade in the ‘BE’ series (trade-for-trade settlement basis)
  • The stock will be part of the special pre-open session on April 02, 2026
  • Suspension was originally imposed on December 13, 2021 for non-compliance with Regulation 33 of SEBI (LODR) Regulations, 2015
  • Issued capital stands at 1,16,51,210 shares with a face value of Rs. 10
  • ISIN: INE915K01010

Regulatory Changes

The revocation is made pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 (issued July 11, 2023, last updated January 30, 2026), which was formerly SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/12 dated January 22, 2020. The special pre-open session framework follows SEBI circulars CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012 dated January 20, 2012.

Compliance Requirements

  • Members/brokers must note that AHLWEST will trade exclusively in the ‘BE’ series with trade-for-trade settlement
  • Trades will not be netted; each trade must be settled individually
  • Members must participate in the special pre-open session on April 02, 2026 as applicable
  • The company has fulfilled its compliance obligations under SEBI (LODR) Regulations, 2015

Important Dates

EventDate
Original suspension effective dateDecember 13, 2021
NSE circular dateMarch 25, 2026
Revocation effective date / Trading resumesApril 02, 2026
Special pre-open sessionApril 02, 2026

Impact Assessment

The revocation of suspension is a significant positive event for investors holding AHLWEST shares, as trading resumes after more than four years of suspension. However, the ‘BE’ (trade-for-trade) series designation means that the stock will not benefit from intraday netting, and each trade must be settled on a gross basis, which may limit speculative activity. The special pre-open session on the day of resumption is intended to provide price discovery before normal trading begins. Market participants should exercise caution given the extended period of suspension and should review the company’s recent financial disclosures before trading.

Impact Justification

Trading suspension revocation directly affects market participants holding or wishing to trade AHLWEST shares; trading resumes after over 4 years of suspension with specific settlement conditions.