Ras Resorts & Apart Hotels Ltd — Updates, 10-04-2025: Company Update

Shri Tekchand Shewakramani, a promoter of the company with a stake of 6.95 lakh shares (17.51%), has passed away, prompting a shift in the company's shareholding structure. His shares will now be transmitted to Shri Vishamber Shewakramani, with the updates being reflected in the company's shareholding pattern. This change marks a significant alteration in the promoter group, potentially impacting governance and future strategic decisions. Investors may view this as a neutral impact; however, it's essential to monitor any shifts in management dynamics or leadership direction that could arise from this transition.