Ras Resorts & Apart Hotels Ltd — Important, 27-04-2026: Company Update

Ras Resorts and Apart Hotels Limited has received a letter of intention from its promoters, Mr. Vishamber Shewakramani and Mrs. Nalini Shewakramani. The promoters intend to acquire all equity shares held by public shareholders and subsequently delist the company's shares from BSE, which is its only stock exchange. This development is significant for public shareholders as it signals a future offer for their shares, leading to the company no longer being publicly traded. This will impact the liquidity and ownership structure for current investors.