Shareholding15 May 2026, 05:52 pm
Blue Coast Hotels: Solace Investments & Others Increase Stake
AI Summary
Solace Investments & Financial Services Pvt Ltd & Others, acting as acquirers and persons acting in concert (PAC), have increased their shareholding in Blue Coast Hotels Limited. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquirers, including Solace Investments and associated entities, along with PACs, have collectively increased their holdings, impacting the overall shareholding structure of the company.
Key Highlights
- Solace Investments & Financial Services and PACs increased shareholding in Blue Coast Hotels.
- Acquisition triggers disclosure under SEBI Takeover Regulations.
- Collectively, acquirers held 71.37% of shares before, increasing to 74.99%.
- Each acquirer entity acquired 2,26,100 shares, representing 1.15% of total capital.
Price Impact
More from BLUECOAST