Ras Resorts & Apart Hotels Ltd — Important, 02-05-2026: Company Update
02-05-2026 · 04:57 pm
Ras Resorts and Apart Hotels Limited's promoters have announced an intention to voluntarily delist the company from BSE. They plan to acquire up to 9,21,582 equity shares, representing 23.22% of the company's capital, from public shareholders, each with a face value of ₹10. The promoters aim for full ownership to reduce high listing costs, streamline operations, and enhance strategic flexibility. This move also seeks to provide an exit opportunity for public shareholders, citing consistently low trading volumes and no dividends for several years. The delisting requires approval from the Board and public shareholders.
No comments yet. Be the first to comment!
