StockWatch
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Hotels & Resorts
Auditor13 May 2026, 02:11 pm

Blue Coast Hotels Re-appoints Sidharth K Agarwal as Internal Auditor

AI Summary

Blue Coast Hotel Limited has re-appointed M/s Sidharth K Agarwal & Co. as the Internal Auditor for the financial year 2026-27. This decision was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the company allotted 24,87,100 equity shares following the conversion of Compulsorily Convertible Preference Shares to various promoter group entities, increasing the paid-up equity share capital to ₹19,67,95,570.

Key Highlights

  • M/s Sidharth K Agarwal & Co. re-appointed as Internal Auditor for FY 2026-27.
  • 24,87,100 Equity Shares allotted upon conversion of CCPS to promoter group entities.
  • Paid-up Equity Share Capital increased to ₹19,67,95,570 after the allotment.
  • Board meeting held on May 13, 2026, to approve the re-appointment and allotment.