Delisting16 May 2026, 09:21 pm
Ras Resorts Approves FY26 Audited Financial Results
AI Summary
Ras Resorts & Apart Hotels Ltd's Board of Directors approved the audited financial statements and results for the year and quarter ended March 31, 2026. The board also approved a delisting proposal, subject to shareholder and regulatory approvals, with a floor price of ₹43.73 per equity share and an indicative price of ₹56. The company will seek shareholder approval via postal ballot and e-voting.
Key Highlights
- Board approves audited financial statements for FY26.
- Delisting proposal approved, pending shareholder and regulatory approvals.
- Floor price for delisting offer set at ₹43.73 per share.
- Indicative price for delisting offer is ₹56 per share.
- Shareholder approval to be sought via postal ballot and e-voting.