Blue Coast Hotels Limited — Board Meeting, 16-05-2025: Outcome of Board Meeting

Blue Coast Hotels has announced a board meeting in which it approved the allotment of 25.52 lakh equity shares after converting compulsory convertible preference shares, raising paid-up equity capital to Rs. 17.19 Cr. Shares were allotted to promoter group entities. The board re-appointed M/s Ajay K. & Associates as Secretarial Auditor for FY25 and M/s Sidharth K Agarwal & Co. as Internal Auditor for FY26, maintaining continuity in audit oversight. No dividends or additional strategic updates were shared.