RAS RESORTS & APART HOTELS LTD.

Ras Resorts & Apart Hotels Ltd has announced a disruption in operations at its Silvassa hotel due to severe flooding. Incessant rainfall over 48 hours led to water release from a dam, causing the Daman Ganga River to flood the hotel premises. The company will provide updates on operational losses in due course. The natural calamity is adequately covered under the company's insurance policy.

Ras Resorts & Apart Hotels Ltd has announced that its Board of Directors will convene on August 8, 2026, via video conferencing. The primary agenda item is to consider and approve the unaudited financial results for the first quarter ended June 30, 2026. In line with internal trading policies, the company has closed its trading window from July 1, 2026, and it will remain shut until 48 hours after the financial results are officially declared.

Ras Resorts & Apart Hotels Ltd has announced the closure of its trading window for company securities, effective from Wednesday, July 01, 2026. This action is taken in anticipation of the declaration of the unaudited financial results for the quarter ended June 30, 2026. The trading window will remain closed for Directors, Officers, Designated Employees, Other Related Parties, and Persons of the Company, along with their dependent family members, prohibiting them from trading in the company's securities. The window will reopen 48 hours after the Board officially declares the financial results. The specific date for the Board meeting to approve these results will be communicated in due course.

Ras Resorts & Apart Hotels Ltd's board approved a proposal for voluntary delisting of equity shares from BSE, subject to shareholder and regulatory approvals. The decision follows an intention letter from promoters Mr. Vishamber and Mrs. Nalini Shewakramani. The floor price for the delisting offer is set at ₹43.73 per share, with an indicative price of ₹56. The board has also approved seeking shareholder approval via postal ballot and e-voting.

Ras Resorts & Apart Hotels Ltd has released its audited financial statement and results for the year and quarter ended March 31, 2026. The results, approved by the Board of Directors on May 16, 2026, comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board also approved a voluntary delisting proposal from BSE, subject to approvals.

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.

Ras Resorts & Apart Hotels Ltd has scheduled a Board of Directors meeting on May 16, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026, as well as the audited financial statements for the same period.

The Board of Directors of Ras Resorts & Apart Hotels Ltd. approved in-principle the voluntary delisting of the company's equity shares from BSE Limited, subject to necessary approvals. The decision follows a Letter of Intention from the Promoter/Promoter Group to acquire all equity shares held by public shareholders. M/s. Parikh and Associates were appointed as Peer Review Company Secretaries for due diligence.

Ras Resorts & Apart Hotels Ltd announced a delisting offer to acquire up to 9,21,582 equity shares, representing 23.22% of its paid-up equity share capital, from public shareholders. The promoters aim to acquire full ownership and delist from BSE due to disproportionately high listing costs relative to benefits, and low trading volumes. The delisting is subject to shareholder and regulatory approvals, as per SEBI Delisting Regulations, 2021.

Sobhagya Capital Options Pvt. Ltd., the Manager to the Offer, announced a delisting offer for Ras Resorts and Apart Hotels Ltd. The promoter acquirers intend to acquire up to 9,21,582 equity shares, representing 23.22% of the paid-up equity share capital, to delist the company from BSE. The delisting is aimed at providing an exit opportunity for public shareholders and enabling the promoters to manage the business with greater operational flexibility.