Ras Resorts & Apart Hotels Ltd — Important, 16-05-2026: Company Update

The company's Board met and approved the financial results for the quarter and year ended March 31, 2026. In a key development, the Board also approved the promoters' proposal for voluntary delisting of the company's equity shares from BSE. This delisting, which aims to take the company private by acquiring all public shares, awaits shareholder and other regulatory approvals. The delisting offer includes a floor price of INR 43.73 per share and an indicative price of Rs. 56 per share.