RADHE SHYAM SARAF Flat –D, 20/F Caine Mansion, 80-88 Caine Road, Mid Levels, Hong Kong

27th May, 2020

The Manager, Listing Department Type of Security: Equity Shares

National Stock Exchange of India Limited NSE Symbol: AHLEAST

“EXCHANGE PLAZA”

Plot no. C/1, G Block Bandra-Kurla Complex, Bandra (E)

Mumbai – 400 051

The Manager

Listing Department Type of Security: Equity Shares

BSE Limited Scrip Code: 533227

Phiroze Jeejeebhoy Towers

Dalal Street, Mumbai - 400 001

The Chief Legal Officer & Company Secretary

Asian Hotels (East) Limited

Hyatt Regency, Kolkata

JA- 1, Sector – III, Salt Lake City, Kolkata – 700 098

Madams/Sirs,

Sub: Compliance w.r.t. Regulation 30 of the SEBI (Substantial Acquisition of Shares and

Takeovers) Regulation, 2011

Please find enclosed the compliance w.r.t. Regulation 30 of the SEBI (Substantial Acquisition of Shares

and Takeovers) Regulation, 2011, as on 31st March, 2020, on behalf of the promoters and Persons Acting in Concert (PAC).

This is for your information and record.

Thanking You.

Yours faithfully,

_______________________

(RADHE SHYAM SARAF) Encl.: as above

RADHE SHYAM SARAF

Digitally signed by RADHE SHYAM SARAF Date: 2020.06.01 14:39:09 +05'30'

Annexure – 1

Disclosures under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers)

Regulations, 2011

Part-A – Details of Shareholding

1. Name of the Target Company (TC) Asian Hotels (East) Limited

2. Name(s) of the stock exchange(s) where the

shares of the TC are listed

1. National Stock Exchange of India Limited

2. BSE Limited

3. Particulars of the Shareholder(s) :

a. Name of the person(s) together with Persons

Acting in Concert (PAC) whose total holding

(including that in the form of shares, warrants, convertible securities and any other instrument

that would entitle the holder to receive shares in

the TC) is more than 25% of the voting rights of the TC.

Or

b. Name(s) of promoter(s), member of the promoter group and PAC with him.

-

1. Mr. Radhe Shyam Saraf 2. Mr. Umesh Saraf

3. Mr. Arun Kumar Saraf

4. Mrs. Ratna Saraf

5. M/s. Saraf Industries Limited

4. Particulars of the shareholding of person(s)

mentioned at (3) above.

Number

of shares

% w.r.t total

share/ voting capital

wherever

applicable

% of total diluted

share/ voting capital of TC (*)

As on 31st March, 2020, holding of:

a) Shares

1. Mr. Radhe Shyam Saraf

2. Mr. Umesh Saraf

3. Mr. Arun Kumar Saraf

4. Mrs. Ratna Saraf 5. M/s. Saraf Industries Limited

b) Voting Rights (otherwise than by shares)

c) Warrants:

d) Convertible Securities

e) Any other instrument that would entitle the

holder to receive shares in the TC.

32,84,680

24,731

8,732

6,17,347 36,30,630

-

-

-

-

28.49

0.21

0.08

5.36 31.49

-

-

-

-

-

-

-

- -

-

-

-

-

Total 75,66,120

65.63

-

Part - B

Name of the Target Company: Asian Hotels (East) Limited

Name(s) of person and Persons Acting in

Concert (PAC) with the person

Whether the person belongs to

Promoter/Promoter group

PAN of the person and

PACs

Mr. Radhe Shyam Saraf Yes BKNPS0080C

Mr. Umesh Saraf Yes ABHPS6562P

Mr. Arun Kumar Saraf Yes ACTPS6880M

Mrs. Ratna Saraf

Yes BKNPS0079K

M/s. Saraf Industries Limited

Yes AALCS6540D

For and on behalf of myself & Promoter/PAC

______________________

(RADHE SHYAM SARAF)

Place : Mumbai Date : 27.05.2020

Note

1. In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under regulation 30(1) is

required.

(*) Diluted share/ voting capital means the total number of shares in the TC assuming full conversion of the outstanding

convertible securities/ warrants into equity shares of the TC.

(**) Part – B shall be disclosed to the Stock Exchanges but shall not be disseminated.

RADHE SHYAM SARAF

Digitally signed by RADHE SHYAM SARAF Date: 2020.06.01 14:40:41 +05'30'