Asian Hotels (North) Limited has announced the approval of a significant fundraising initiative by its Board of Directors. In a meeting held on January 16, 2026, the board sanctioned the issuance of 3,000 unlisted, senior, secured, redeemable non-convertible debentures. Each debenture has a face value of ₹10,00,000 (Ten Lakhs Rupees), bringing the total nominal value of the issuance to ₹300,00,00,000 (Three Hundred Crores Rupees).

These debentures will be issued on a private placement basis and will carry a coupon rate of 12.5% per annum, payable monthly. The tenure of the instrument is two years from the Deemed Date of Allotment. The debentures are secured by a pari passu first charge on the company's property, including the Hyatt Regency hotel and commercial block at Bhikhaji Cama Place, New Delhi, as well as a first pari passu charge on movable fixed assets and current assets.

Redemption of the principal will occur in tranches: 10% at the end of 12 months, 10% at the end of 18 months, and the remaining 80% at the end of two years. The company also disclosed an amount of ₹770.12 Crores as default on payment of interest/repayment of principal on loans from banks/financial institutions as of December 31, 2025. The board meeting commenced at 06:00 p.m. (IST) and concluded at 08:00 p.m. (IST).